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January 02, 2008

Parking At The New Stadium? You May Need A Loan

Unless, of course, you're a VIP. From the Daily News:

The Yankees and hundreds of their VIPs will get free valet parking for the next 40 years, courtesy of New York taxpayers.

The startling revelation of yet another subsidy for the richest team in baseball is buried deep in the fine print of a $237 million tax-exempt bond offering that city officials quietly issued the week before Christmas.

The documents say a $70 million state subsidy for parking improvements for the new Yankee Stadium (slated to open next year) has been earmarked for a new 660-car valet parking garage where virtually all the spaces will be reserved for the free, year-round use of the Yankees and their VIPs.

Game-day parking prices for the general public will more than double from $14 last year to $29 in 2010. They could hit $35 by 2014.

As previously reported, if you want to drive to the new Yankee Stadium, you're going to have to pay through the nose.

Again, I weep for the future.

Posted by Steve Lombardi at January 2, 2008 08:58 AM

Comments

With a new Metro-North station opening at the new stadium and simple subway access already provided, there's really no reason to drive to the stadium. Those that are coming from outside the New York Metropolitan area should just park and ride from a different station, and anyone choosing to drive already is paying tons in gas and tolls so they may as well fork over the dough for expensive parking. None of this is a surprise based on years of previous reports.

Posted by: Ben K. [TypeKey Profile Page] at January 2, 2008 10:24 AM

~~~Those that are coming from outside the New York Metropolitan area should just park and ride from a different station, and anyone choosing to drive already is paying tons in gas and tolls so they may as well fork over the dough for expensive parking. ~~~

It's a huge jump from $14 to $29 - that's more than a fork full. And, as far as driving to the train, that just adds more time to a trip for those coming from a far place - - it's a major hassle that the Yankees are pushing people towards.

Posted by: Steve Lombardi [TypeKey Profile Page] at January 2, 2008 04:34 PM