Stadium Discussion
- Thread starter Gene
- Start date
What a bunch of libtards.
EDIT: Could lose $400M in revenue? I don't see those figures backed up in the article. And it's all speculation anyhow.
A conservative is a liberal whose stadium plan is opposed by the Village Voice.
I also think the math is way off since there are a whole bunch of sunk costs in making the site buildable (close to 200 million according to the YIMBY article). Maybe those other South Bronx sites had similar buildout costs, but at a minimum, the $100 million to build the platform over the site is unique.
He's also conflating the 1276 market rate units at the other Somerset site with this one (i.e there will be 1276 market rate units even if this never happens). So two big math errors, Mrs. Lincoln.
EDIT: According to the YIMBY article:
That's not liberal. Arangure's premise is just stupid. You cant compare buying all the rights that run with land to the right to develop ABOVE a working rail line. The State is looking to add value to an existing parcel with existing uses. That is smart -- whether it is our stadium or something else of benefit to the City.
He’s right... leave it a wasteland. That would be more equitable.
Flag on the play.
This is what happens when journalists pretend to know stuff. “I know nothing about development but let me dump all over it like I know what’s actually going on.”
Yes. He suggests that structuring the deal as a 99-year lease instead of a sale is just to help the team avoid property taxes. But if the team bought the property outright, it would not have to keep the rail yards below. Or the land could be sold encumbered with the requirement that the rail yards stay, which both reduces the sale price and entitles NYCFC to collect rent, both of which of course offsets the RE taxes.
re the Post, from Kyle S.
"Repeating others: stadium renditions look cool, but just because these were brought to the public eye doesn't make it any more of a reality. If you want optimism, NYCFC continues to evaluate a number of different sites. It's closer to an answer than it was six months ago."
snugglefarts
Registered
Where do you think they'll put the David Villa statue?
Only in the Stadium thread do we get what feels like our first concrete leak immediately followed by ideas for our second stadium. I simply cannot with you people.
Come on we won’t stop until 100k stadium constructed on Etihad Island to host the final of the Super Club Cuppity Cup Cup
It would be cool if it were made out of the founding member bricks.
Kangaroo Jack
Registered
He’s just such a dislikable hack. It’s like he’s late to the game and only has a match.
And didn’t somebody already post the RFP was from a year ago???
