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Stadium Deals

By Matthew Yglesias on November 30, 2008 at 3:22 pm

"Stadium Deals"

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Here’s a little local news while I’m still in NYC from the always-appalling universe of stadium dealmaking:

The Bloomberg administration was so intent on obtaining a free luxury suite for its own use at the new Yankee Stadium, newly released e-mail messages show, that the mayor’s aides pushed for a larger suite and free food, and eventually gave the Yankees 250 additional parking spaces in exchange.

The parking spaces were given to the team for the private use of Yankees officials, players and others; the spaces were originally planned for public parking. The city also turned over the rights to three new billboards along the Major Deegan Expressway, and whatever revenue they generate, as part of the deal.

Bad stadium policy meets bad parking policy and a good time is had by all.

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