Stadium Discussion

[SoupInNYC]

Tough but NYC does need more affordable housing - after seeing all the crazy prices for the fancy seats. NYC is losing out on property tax by leasing it. Studies have shown that stadium subsidies rarely generate net economic benefits. Hopefully Mamdani and team if elected mayor can help create more housing by up zoning the area (allowing more towers with higher-density development)

The reported lost property taxes if the land was owned by the developers instead of leased of $500m+ is grossly exaggerated.

 

[mgarbowski]

I agree on the sanitation pickups

If every mayor focused on one discrete goal at a time and actually did it the City would be so much improved. Instead they make broad feckless moves and grand gestures like rearranging the Board of Ed or reforming the police and accomplish nothing.
You want to reform policing? Pick one idea and implement it. Move to the next if it works.
Adams didn’t reform DSNY. He changed rules and practices and got something done.

 

[Shwafta]

I agree a turnaround is extremely unlikely. Still, the change bring echoes of DeBlasio torpedoing a stadium deal that had been struck with Bloomberg.

I think there's a difference between shovels in the ground, construction already underway, lease signed, to what happened with DeBlasio and Bloomberg.

 

[LionNYC]

Mayor can declare a state of emergency, say the land needs to be used for housing. Tear up the agreement. Build public housing and put in his government run grocery stores and while not denouncing "globalize the intifada".

 

[CCMore]

Mayor can declare a state of emergency, say the land needs to be used for housing. Tear up the agreement. Build public housing and put in his government run grocery stores and while not denouncing "globalize the intifada".

This feels very hyperbolic my friend. I think Mamdani wouldn’t be making any friends by declaring a state of emergency when there isn’t one. Also, he is planning on putting 5 grocery stores ( 1 in each borough) in a food desert area where there isn’t anything but fast food to eat. The current plan is to do a pilot program to watch results before abandoning it if it doesn’t work or increasing it if it does work. This all would cost less than the current subsidies that go to big name grocery stores each year which doesn’t require the stores to take SNAP benefits.

 

[FootyLovin]

Sales call for West Sideline Club today.

Highlighted sections in picture below plus the arch of seats in the middle above the rectangle over the entrance to the field.

From endline to centerline the prices for front row increase as you get closer to centerline from 14-20k per seat.
I believe at least row 2 also has elevated prices.
For the remaining rows again increasing from endline to centerline from 6-8k per seat.

10% at time of reservation. Balance next year.

3-7 year term.
Top end benefits would be flat year 2 with 2-3% annual increase years 3-7 with a 7 year contract.
Bottom end 6-7% annual increase with 3 year contract.
Some variations on those terms will depend on specific seating as well.

Told him at those prices I expect it to be a sleepy corporate crowd. Not my vibe. He told me there have been 100s of requests for these calls from Citi members.