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Maybe some subsidies for MLB are not meant to be
With all the public funding New York City has lavished on the Yankees and Mets for their new stadiums (with amazingly high ticket prices), Major League Baseball is having a field day in the big apple....
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Legislative Umpires Call Yankees Out
The controversy around the public financing of the new Yankee Stadium heated up this week as a New York State legislator and a member of Congress put the squeeze on the team and New York City officials...
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“Gaming the Tax Code” Hearing Yields No Winners
It didn’t break through the coverage of the presidential election or the meltdown of our financial system, but corporate welfare was center stage at the Capitol last Friday. In his fourth Congressional...
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The Grey Lady Wakes up to the New Yankee and Mets Stadiums
Yesterday, The New York Times ran a lengthy article about the mounting public costs of New York City’s two rising baseball stadiums. Good Jobs New York has been meticulously tracking these subsidies...
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Check Please! Yankees Forced to Pay $11 Million After GJNY Inspired Audit
Today, New York City taxpayers finally got some Bronx cheer after an investigation by the office of City Comptroller William Thompson sent an $11 million tab to the New York Yankees. A little over a...
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New York Baseball Teams’ Win Is Taxpayers’ Loss
Last Friday, just one day after a heavily attended public hearing, the New York City Industrial Development Agency (IDA) approved hundreds of millions of dollars in additional tax-free bonds for new...
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Opening Week Problems for New York Yankees Go Beyond Blowin’ in the Wind
There’s more going on in The Bronx at the new Yankee Stadium opening week than just the now infamous wind tunnel that’s left fans aghast. Here’s a run down of news that’s probably kept the team’s...
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Report Documents Proof of Low-wage Employment at NYC Subsidized Projects
This week, Good Jobs New York, along with the Fiscal Policy Institute and the National Employment Law Project, released a report highlighting how New York City economic development policies often...
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Bondholders of Yankee Stadium Garage Bonds Get Extra Innings
The April 1 deadline for the Bronx Parking Development Corporation to get its act together is no prank. Thanks to a glut of parking space at the new – subsidized to the hilt – Yankee Stadium, the...
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2014: A Landmark Year for Subsidy Accountability
Two-thousand fourteen was a banner year for our movement, hands down. The first move to require standardized subsidy-cost reporting! The first half of a legally-binding two-state cease fire deal! The...
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