Stadium Discussion

The older article which mentions Related and the South Bronx proposal also says they submitted plans to ESD. ESD has nothing to do with the GAL site, but everything to do with the HRY site.

The recent article mentions loan specifically linked to the River Ave addresses that Maddd has been involved in for quite a long time now.
Like I said, maybe he just jumbled the info.
 
I think we also discussed a long time ago parking for free on randalls island and hopefully they build a footbridge. Or it’s pretty shallow at low tide...
 
This is probably a tin foil hat theory but this development could be beneficial to NYCFC. Getting MTA access to the new Belmont arena has been a sticking point. With this outline of deal now off the MTA desk. This might now move up the NYCFC plans for either the Harlem River Yards or the GAL site as both need MTA involvement and the HRY needs the ESD involvement.
https://libn.com/2019/07/08/cuomo-announces-new-lirr-station-for-belmont-park/
 
Okay. It's time for me to come clean with some things I've been hearing on the Stadium. These come variously from three people at firms that are consulting for NYCFC on different aspects of the project and one person high up at the Club. Two of the three consultants were people I spoke with 3 months ago or so. The other conversations, which provide most of the information, were in the last few weeks.
  • The Club believes it is "close" to announcing its planned location for a stadium. In this context "close" means by the end of the year, although I get the sense they are hoping it will be sooner than later.
  • It will then take about a year for permits and another 2-3 years for construction.
  • The location in mind is "near Yankee Stadium".
  • Size was variously reported as 30,000 and 25,000, expandable to 30,000.
  • Two different architecture firms have been retained to draw up competing site plans.
  • The club has retained a cost consulting firm and has reached out to banks on a preliminary basis to secure debt financing.
  • Some of the external consultants believe that the process has been slower than necessary because the Club has to deal with bureaucratic issues out of Abu Dhabi (e.g. time needed to get sign offs and financial commitments, etc.).
  • The Club has a set price in mind that it will not exceed for the stadium; separately, I heard a figure of $500 million.
Clearly, there is a lot of smoke around right now - probably more than any other time since the Club kicked off in 2015. That said, lots of things can kill a deal like this before it is ever announced. Let's hope that doesn't happen.
 
Okay. It's time for me to come clean with some things I've been hearing on the Stadium. These come variously from three people at firms that are consulting for NYCFC on different aspects of the project and one person high up at the Club. Two of the three consultants were people I spoke with 3 months ago or so. The other conversations, which provide most of the information, were in the last few weeks.
  • The Club believes it is "close" to announcing its planned location for a stadium. In this context "close" means by the end of the year, although I get the sense they are hoping it will be sooner than later.
  • It will then take about a year for permits and another 2-3 years for construction.
  • The location in mind is "near Yankee Stadium".
  • Size was variously reported as 30,000 and 25,000, expandable to 30,000.
  • Two different architecture firms have been retained to draw up competing site plans.
  • The club has retained a cost consulting firm and has reached out to banks on a preliminary basis to secure debt financing.
  • Some of the external consultants believe that the process has been slower than necessary because the Club has to deal with bureaucratic issues out of Abu Dhabi (e.g. time needed to get sign offs and financial commitments, etc.).
  • The Club has a set price in mind that it will not exceed for the stadium; separately, I heard a figure of $500 million.
Clearly, there is a lot of smoke around right now - probably more than any other time since the Club kicked off in 2015. That said, lots of things can kill a deal like this before it is ever announced. Let's hope that doesn't happen.
Thanks for the info! I’m really curious who the second architecture firm is since Vinoly is widely expected to be the first.

And I can’t help but think about how tix renewal is one month away..... I expect darker smoke to materialize between now and then with the club banking on it being enough carrot to hold on to the meager STH left.
 
Okay. It's time for me to come clean with some things I've been hearing on the Stadium. These come variously from three people at firms that are consulting for NYCFC on different aspects of the project and one person high up at the Club. Two of the three consultants were people I spoke with 3 months ago or so. The other conversations, which provide most of the information, were in the last few weeks.
  • The Club believes it is "close" to announcing its planned location for a stadium. In this context "close" means by the end of the year, although I get the sense they are hoping it will be sooner than later.
  • It will then take about a year for permits and another 2-3 years for construction.
  • The location in mind is "near Yankee Stadium".
  • Size was variously reported as 30,000 and 25,000, expandable to 30,000.
  • Two different architecture firms have been retained to draw up competing site plans.
  • The club has retained a cost consulting firm and has reached out to banks on a preliminary basis to secure debt financing.
  • Some of the external consultants believe that the process has been slower than necessary because the Club has to deal with bureaucratic issues out of Abu Dhabi (e.g. time needed to get sign offs and financial commitments, etc.).
  • The Club has a set price in mind that it will not exceed for the stadium; separately, I heard a figure of $500 million.
Clearly, there is a lot of smoke around right now - probably more than any other time since the Club kicked off in 2015. That said, lots of things can kill a deal like this before it is ever announced. Let's hope that doesn't happen.

is there an election happening this year of a borough representative position or something that if a certain candidate wins can throw this all away?
 
enough carrot to hold on to the meager STH left.
"You just have to hang on for another four and a half years, and by the time you've been a season ticket holder for ten years you'll get some sort of early access to a seat at the new stadium!"

Seriously, though, for those of us who are Founding Members, the club had better be real real real kind to us regarding seats in the new stadium if we've had to have been season ticket holders for ten years, continuously, just to keep our place in line.
 
Wow $500 mil is a huge amount. Obviously NYC is going to inflate the cost to build, but for context:

RBA and Alliaz Field cost $200 mil. Avaya $100 mil. Banc of California $350 mil. Audi Field $400 mil.
Never underestimate the inflation of construction costs as a method of washing. Not saying, just mentioning....
 
Never underestimate the inflation of construction costs as a method of washing. Not saying, just mentioning....
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