Yanks, Bronx have yet to fulfill park money promiseBy
When the Yanks, with the help of the City of New York, grabbed the Macombs Dam Park and appropriated it for their new ballpark, they agreed to pay back the Bronx through money that will go toward new parkland. Seventeen months later, the Yankees and the Bronx have yet to fulfill that promise.
Metro has a little bit more:
Central to [the new Yankee Stadium] deal was the promise of an annual $800,000 for Bronx nonprofits over the next 40 years. Critics labeled this a “slush fund,” because the money would be doled out by a new not-for-profit staffed by representatives of Bronx elected officials, and it didn’t have to be spent in the affected community. The funds were to start flowing, the agreement said, “upon the commencement of the construction.”
So imagine the surprise of Geoffrey Croft last week, when he discovered — one full year after the stadium’s groundbreaking — no such not-for-profit has been registered with the state yet, and no funds have been disbursed.
While I may object to the new stadium on the grounds that it’s simply not necessary – and an average home attendance of 52,645 would bear me out – the Yanks have continually stiffed the Bronx community on this deal. As the article notes, the city gave up the parkland to the Yanks with no public hearing.
Now, you may fault community silence, and it does seem that these Save Our Parks folks haven’t gotten nearly the attention they deserve. But the Yanks owe it to the city to make up for the missing parkland. At a deep discount, they’re taking public lands. They should replace it sooner than 17 months after construction started on the new stadium.