New York City F. C., owned jointly by royalty from the United Arab Emirates and the Yankees, is considering a move to Columbia University’s Baker Athletics Complex, at the northern tip of Manhattan. … The proposal is to build a new, larger stadium that could be used by the soccer team and Columbia’s football team. …
The plan, according to an executive briefed by the soccer club, would be to demolish the 17,000-seat Robert K. Kraft Field at Lawrence A. Wien Stadium and replace it with a 25,000-seat stadium that could be used by New York City F.C. and Columbia’s Lions. The new stadium could cost $400 million.
There is much that is crazy-sounding here — for starters, the site is a long, long subway ride from anywhere other than upper Manhattan, and doesn’t offer much in the way of parking — but nothing more so than that $400 million figure, which would be more than $100 million more than the most expensive MLS stadium ever built. I know that the NYC F.C. owners desperately want to get a soccer-only facility within city limits, and the UAE has money to burn, and potentially Columbia could be involved monetarily here too … still, this seems like a nutso amount of cash to spend on a soccer stadium in the U.S., and something the team is unlikely to recoup.
That’s NYC F.C.’s owners’ problem, of course, unless they decide to ask for public subsidies and make it New York City taxpayers’ problem. (They wouldn’t owe property taxes, for one thing, since the land is already tax-exempt by virtue of being owned by Columbia — the Chrysler Building, oddly, gets a similar tax break.) There’s a lot still to be worked out here, but at least we have a likely location where this next battle is going to play out.