Field of Schemes
sports stadium news and analysis

  

February 13, 2004

Do I hear six?

New York's state-run Empire State Development Corporation today announced that the price tag for its proposed expansion of the Jacob Javits Convention Center is now, depending on which newspaper you read, $1.9 million, $2.2 billion, or somewhere between the two. This would raise the total public cost of the Hudson Yards project, which includes a new stadium for the Jets and a new subway line to get people there, to between $5.55 and $5.85 billion. No financing plan was announced for the Javits expansion.

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