Comments on: Something smells funny around Yankee Stadium http://blogs.reuters.com/muniland/2011/06/13/something-smells-funny-around-yankee-stadium/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: lecreative http://blogs.reuters.com/muniland/2011/06/13/something-smells-funny-around-yankee-stadium/comment-page-1/#comment-179 Fri, 17 Jun 2011 12:44:57 +0000 http://blogs.reuters.com/muniland/?p=1520#comment-179 Cate, the Yankees way overpriced seats, parking and everything else involved with this stadium b/c the planning was done when the economy was good in 2007. They haven’t reacted nearly quickly enough in terms of lowering prices to a more realistic level. Also, I agree that something is fishy b/c that much parking probably wasn’t needed, given subway access. These lots were probably never going to be able to make money or pay back the bonds, set up to fail some type of insider/sweetheart/corrupt deal.

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By: IDONTGETIT http://blogs.reuters.com/muniland/2011/06/13/something-smells-funny-around-yankee-stadium/comment-page-1/#comment-174 Thu, 16 Jun 2011 01:20:22 +0000 http://blogs.reuters.com/muniland/?p=1520#comment-174 I would think itis the economy and the High price of going to the game is more like it. $35 to park alone. Take a family of 4 to a game and tell me how much you spent!

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By: ryanprociuk http://blogs.reuters.com/muniland/2011/06/13/something-smells-funny-around-yankee-stadium/comment-page-1/#comment-172 Wed, 15 Jun 2011 22:00:11 +0000 http://blogs.reuters.com/muniland/?p=1520#comment-172 To answer the baseball question the decline in attendance is typical the first couple of months of the season, more so for colder weather teams. This trend has started to take hold with teams (NYY, RedSox) that are normally sold out.

The bigger question with the parking lots is how the occupancy has dropped ~ 50% since 2010, while prices have risen close to 50% during the same time period. Many have taken advantage of the greater economical alternatives now available rather then pay these inflated price.

The only thing saving these lots, will be the Yankees stepping in, and replacing one of the structures with another revenue producing source.

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