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December 07, 2003

Jets stadium would cost public $850 million

That "privately financed" New York Jets stadium on Manhattan's West Side - touted by deputy mayor Dan Doctoroff as "the largest private contribution to a facility of this type" - would also be one of the largest public contributions to a sports facility: $850 million, according to Jets president Jay Cross, including $400 million to deck over the Long Island Rail Road train yards, $200 million for a retractable roof, and $250 million for an adjacent underground truck garage. And that's not counting the $2 billion subway extension to get people there, or the $1.5 billion expansion of the nearby Jacob Javits Convention Center. Doctoroff's financial plan for how to pay for all this, originally scheduled for last April, is now rumored to be on its way in January.

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