Yankees public stadium cost hits $310m

Another piece of the funding puzzle has been revealed in the New York Yankees stadium plan, with T.J. Quinn and Michael O’Keeffe of the Daily News reporting that the state Metropolitan Transportation Authority “will pay about $90 million for a new Metro-North rail station and subway renovations at the stadium.” (Earlier reports have indicated that the subway renovations would serve mostly to move station entrances closer to the new stadium.) For those playing at home, this would bring the public cost of the stadium project to $310 million – and that’s before accounting for rent and property-tax subsidies.

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