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Thread: West Side Stadium

  1. #1
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    So far, there is no link, just this:

    N.Y. OFFICIALS TO PRESS AHEAD ON NEW STADIUM FOR JETS IN MID-TOWN MANHATTAN... DEVELOPING...

    Interesting...

  2. #2
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    http://sports.espn.go.com/nfl/news/story?id=1766720

    Tuesday, March 23, 2004


    Associated Press
    NEW YORK -- The New York Jets are close to a deal for a $1.4 billion stadium on Manhattan's West Side.

    A source close to the negotiations, who spoke on condition of anonymity, said Tuesday the deal, which faces opposition from many neighborhood residents, could be announced within a week.

    The proposal also would expand the nearby Jacob K. Javits Convention Center.

    The Jets would spend $800 million on the stadium. The city and state would spend $600 million on a deck over the existing rail yards and a roof that would allow the stadium to be used as convention space.

    The plan would be partly financed by an increase in the city's hotel tax. Portions of the plan would need the approval of the state Legislature.

    The stadium proposal faces stiff opposition from neighborhood activists and elected officials representing the West Side, which consists mainly of warehouses, auto body shops and old rail yards. They charge that the $600 million subsidy would be a sweetheart deal for the Jets.

    The Jets currently play at Giants Stadium in East Rutherford, N.J. They share the stadium with the New York Giants. The Jets' lease is up in 2008.

  3. #3
    Keep doubting you guys...I promise to send you all pictures from Opening Day...

  4. #4
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    Originally posted by Baddniss@Mar 23 2004, 11:05 PM
    Keep doubting you guys...I promise to send you all pictures from Opening Day...
    First of all Badness, NO ONE said it was not going to happen. It's just that a lot of us realize that unless we get the 2012 Olympics, it's going to take a lot longer for it to happen.

    The longer, the better for those of us who will not be able to afford the PSL's, or who are not so willing as yet to give up on tailgating...

  5. #5
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    what i don't understand is how can they announce a deal if we haven;t even heard of it going to a vote or anything

  6. #6
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    They better get a move on, the Olympics are getting closer.

  7. #7
    No public vote... THE POWERS THAT BE dont care what the publics opinion is on this is..."This is Big Bidniss". Theres no room for public opinion here..

  8. #8
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    i am not talking public - i talking state and city offiicials

  9. #9
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    From Wednesday's New York Times:

    Plan for Jets' Manhattan Stadium Surges Ahead
    By CHARLES V. BAGLI

    ew York City and state officials say they will unveil plans tomorrow to build the Jets a 75,000-seat stadium with a retractable roof on the far West Side of Manhattan and to nearly double the size of the Jacob K. Javits Convention Center next door.

    It would be one of the city's most ambitious urban redevelopment projects, officials said yesterday, second only to the $12 billion rebuilding of Lower Manhattan.

    It would also open a new chapter for professional football in Manhattan. The last major game was on Dec. 14, 1963, when the Jets the former New York Titans lost, 19-10, to Buffalo before 6,526 fans at the Polo Grounds in Harlem. That stadium was torn down four months later. The Jets moved to Shea Stadium in Flushing, Queens, where they played until they left New York altogether in 1984 for the Meadowlands Sports Complex in New Jersey.

    Elements of the West Side plans have been circulating for years. But the announcement tomorrow at the Javits center will mark the first formal commitment by the city and state to move forward, with hopes of breaking ground next year. The $2.8 billion proposal is tied to plans to lure the 2012 Summer Olympics and extend subway service west.

    When Mayor Michael R. Bloomberg and Gov. George E. Pataki unveil the plans and a proposed financing package, the project will be called the New York Sports and Convention Center. The new stadium, to be built over rail yards, is viewed as a significant element in creating a half-mile "convention corridor" that will stretch along 11th Avenue from 30th to 40th Streets.

    Despite the push by the governor and the mayor, the projects still face a series of hurdles, including an environmental review, zoning approvals, state legislation for the Javits expansion and any legal actions.

    The project would be financed with $600 million each from the city and state, $500 million from a temporary hotel tax, $800 million from the Jets and the remainder from other private sources.

    The $1.4 billion stadium has been the project's most debated element, while the $1.4 billion Javits expansion has the support of the hotel industry, some Broadway theater owners, community groups and elected officials. They fear the stadium will displace working-class residents and increase traffic congestion and pollution. Most everyone predicts there will be lawsuits.

    To blunt criticism by economists that stadiums are poor public investments, the city has worked with the Jets to design the stadium so that it can be used for conventions, trade shows, meetings and plenary sessions, as well as concerts and other sporting events.

    The stadium would also double as the Olympic stadium if the city wins its bid for the 2012 Summer Olympics. The city is eager to move the projects forward now, in part, because it wants to show some progress before the International Olympic Committee meets in May to pare its list of candidates for the 2012 Games. The committee will make its final decision in July 2005. The Jets want to start construction next year so they can move into their new home by their current lease expires in 2008.

    Opinions vary on the city's Olympic chances, but real estate and business leaders favor the redevelopment of the far West Side. The city is in the process of rezoning the neighborhood to encourage the development of 30 million square feet of office space over the next 30 years. It also wants to extend the No. 7 subway line west from Times Square underneath 41st Street to 11th Avenue and then south to 34th Street.

    The announcement tomorrow will come a month after Deputy Mayor Daniel L. Doctoroff proposed a $3.7 billion financing plan to cover the extension of the subway line, create new parks and build a massive deck over a different section of the rail yards, where office buildings and a cultural institution could be built.

    "The business community considers the expansion of the Javits to be the most significant economic development investment that the city and the state could make," said Kathryn S. Wylde, president of the Partnership for New York City. "And the redevelopment of the far West Side is critical to the future of the city."

    Sheldon Silver, the speaker of the State Assembly, also supports the Javits expansion, but said "the jury is still out" on the stadium.

    "We have to look at it very carefully," he said.

    And Assemblyman Richard L. Brodsky, a Democrat from Westchester County, called for more public discussion about the use of scarce public resources for stadiums and the subway extension. "This has been a back-room operation so far," he said. "There's growing sentiment that it needs a public airing, pro and con."

    According to state and city officials, the governor will announce the $1.4 billion plan to expand the Javits center north from 38th to 40th Streets. With more exhibition space and meeting rooms, it will be able to attract larger conventions and present more than one trade show at a time, officials say.

    The cost of the Javits project will be covered by $300 million from the city; the $1.50-a-night hotel tax, which would expire once the $500 million goal is met; and the refinancing of the bonds on the Javits. State officials also hope to guarantee the bonds by using the state's Sonny Mae mortgage insurance.

    They are also hoping that a private company will chip in $200 million for a proposed convention hotel on 42nd Street, although in other cities the hotels have required substantial subsidies.

    The Jets have agreed to put up $800 million for the stadium over the rail yards bound by 11th and 12th Avenues, between 30th and 34th Streets.

    The $600 million from the state and city would pay for the retractable roof and the platform on which the stadium would be built.

    The Jets would also pay an undetermined rent to the Metropolitan Transportation Authority, which owns the rail yards, according to executives on both sides. The transit agency is also close to an agreement with the city over compensation for the use of the yards, state and city officials said.

  10. #10
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    Exactly- there was no public vote on whether we want the Olympics here or not. (Which I dont, but that's not worth getting riled up about until it gets closer)

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    Holy Sh!t :o

  12. #12
    Its funny to hear some people complain about "back-room" dealing. Dont they know thats the ONLY way things get done!!!!

  13. #13
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    Originally posted by Baddniss@Mar 24 2004, 12:23 AM
    Its funny to hear some people complain about "back-room" dealing. Dont they know thats the ONLY way things get done!!!!
    that doesn't make it right

  14. #14
    Oh... no-one said anything about "right". But this is NY. This is the way things have been done since Tammany Hall. No one is pretending anything about whats "right". This is simply the way these things get done in NY.

  15. #15
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    yeah but you see people will complain until the back door dealing works out to help them

  16. #16
    The back-door dealing ONLY helps those who participate in the back-door sessions. Take my word for it.

  17. #17
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    How is back room dealing if it is on the NBC morning news this morning and in the New York Times?

    There will be open public debate and everyone will get a say. My experience with local communities is that there is a lot of "talk" when it comes to elevators and barber shops but when asked to attend a meeting and actually say something or write your local representative, very few do.

    BZ

  18. #18
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    An announcement is still a long way from shovels in the ground. I'll remind you once again of Guilani's and Steinbrenner's announcement of a new YANKEE STADIUM a few years ago. Have any of you ever driven on that Westway Highway that was announced back in the '70's?

    There are still many hurdles that need to be cleared before this project becomes a reality the least of which is convincing upstate members of the NYS Legislature to vote to approve the funding.

  19. #19
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    Tailgator you are wrong the shovels are about to happen. The bids for the platform above the rail yard are being opened in 4 weeks. Construction to start by Sept. I posted this 4 months ago....Subway line, road work and Javit center work to be put out for bid in Oct start in Feb 2005

  20. #20
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    Channel 5 is reporting that the announcement should be made soon, BUT there are alot of hurdles in the way.

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