I parked in a few different lots last year. They were all pretty empty. Never had to park higher then the 2nd floor.
Stadium Discussion
- Thread starter Gene
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I parked in a few different lots last year. They were all pretty empty. Never had to park higher then the 2nd floor.
I'm not getting excited until I see a live stream of Khaldoon and other suits laying the first few bricks.
It's not covering the train station though...
Also, I've compared them multiple times and I may be wrong but this seems to be the correct dimension of RBA relative to this site.
I'm sure the smart people they'd have designing the stadium can take into account these factors when building it.
They'd have an idea based on how much parking they'd need in YS at best. Anywhere else would be speculation.
I came in from queens and I drove. If they build the stadium in queens or manhattan, I'd walk/take public transport. How many people would switch from driving to train is anyone's guess.
I however parked on a side street rather then used YS parking. So im off the grid to them any which way.
It covers the station and the tracks. As you can see the scale is the same, and the blue rectangle is the size of the arena if it wasn't rounded.
1) Nice work, I must have been offIt covers the station and the tracks. As you can see the scale is the same, and the blue rectangle is the size of the arena if it wasn't rounded.
2) Looks like they'd have to scale back or build around that corner which could give us a cool aesthetic. Providence Park where the Timbers play is an example.
Petco Park in San Diego seems so iconic to me because of the way that building just sticks out too.
Love when this thread gets busy. I'll hold off too much excitement for an announcement but any news is good news at this point.
Every business cares about interest rates, and I very much doubt the Yankees are planning to finance any part of a major capital real estate project with variable rates. You issue bonds for those for predetermined terms and rates. If there are going to be any adjustment it's spelled out in the offering documents. They are also very likely trying to get the debt issued in concert with the city for favorable tax treatment for the buyers. It a cheap way for the city to subsidize the project without much cost.
If this has anything to do with the stadium it would -- IMO -- be for a short term purpose, like a down payment or short term rollover financing until they can get the real financing in place.
If this has anything to do with the stadium it would -- IMO -- be for a short term purpose, like a down payment or short term rollover financing until they can get the real financing in place.
Exactly. They'd roll this debt into a long term facility or use some other capital. The line of credit just gives them the flexibility to move quickly if they need to.
I don't think this means some announcement is coming this week, but hopefully it means they think they are close on something and need to have the short term financing lined up.
Yeah, I drove to one game as I was high-tailing it back from Boston and parked at one of the YS lots. The lot was quite empty. I imagined getting out of there was going to take forever, but it was a breeze as there just weren't many people parked there.
They built way too many lots when opening the new Yankee Stadium. They don't get used for Yankee games, our games, or anything else. That is why the bonds used to finance them are in arrears. Knocking a couple down for a higher use project would benefit everyone.
I had the same experience all year. This was one of the (few) benefits of playing in a stadium that holds 150% of our typical crowd.
Very true. This type of financing would most likely still be used though. If an imminent land purchase, or some type of payment to the parking bondholders was to take place soon, this line would be the likely source of the payment. Once the project is finalized and all of the details are public, then will start start offering the bonds. They certainly won't be able to sell any bonds until all information is public and available, which it most likely won't be for quite some time.
Let us keep in mind that CFG did sell a 13% stake to the Chinese recently.. for $400m
"The capital from the share acquisition will be used by City Football Group to fund its China growth, further CFG international business expansion opportunities and further develop CFG infrastructure assets.
"The capital from the share acquisition will be used by City Football Group to fund its China growth, further CFG international business expansion opportunities and further develop CFG infrastructure assets.
Ehhhh, City Group has an unlimited amount of resources, so I think that deal was far more about paying the price to expand into China, as opposed to getting funding for the stadium. Keep in mind, money is not the issue with getting the stadium built, it is completely based on finding a piece of land that is viable and gaining the permission to purchase it.
The money must still come from somewhere and why not from strategic partners..
