Industrial Development Agency

  • Blogs

    June 13, 2012

    South Bronxites Sue FreshDirect, City For Ducking Asthma Risk Study

    When the city Industrial Development Agency voted back in February to give FreshDirect $128 million in tax breaks and other goodies to move their shipping headquarters from Queens to the Bronx, local residents who were peeved at the prospect of a fleet of produce-laden trucks idling all night -- in ... More >>

  • Blogs

    February 14, 2012

    City Panel Votes to Approve $128 Million FreshDirect Payoff (liveblog)

    Last Tuesday, the city Industrial Development Agency announced that it and several other city and state bodies planned to hand over $128 million in grants, tax credits, and assorted vouchers to FreshDirect, which would use the cash to move its headquarters to the Bronx waterfront ... all the way fro ... More >>

  • Blogs

    January 16, 2009

    Yankees, Mets Tax-Free Bonds Approved

    Remember those generously-termed bonds the city wanted to give our beloved Mets and Yankees for their stadium boondoggles, about which comptroller William Thompson and some others have been complaining? Neil deMause informs us they have been approved by the Industrial Development Agency board. On th ... More >>

  • Blogs

    January 15, 2009

    Kicking It Soviet-Style: Day Two of the Yanks-Mets Stadium Hearings

    If yesterday's state assembly hearing on stadium funding focused on the big guns, today was for the hoi polloi. The city Industrial Development Agency is required to hold a public hearing before voting on new projects - in this case, $342 million in new tax-free bonds for the Yankees and Mets - so s ... More >>

  • Blogs

    January 13, 2009

    Thompson Denounces Yankee Stadium Deal; Assembly Subpoenas Yanks' Prez, Pinsky

    photo by Shelley Panzarella (cc) Now we're getting a little more action on Yankee Stadium. Today comptroller William Thompson denounced the "incredible mismanagement" by the Industrial Development Agency (IDA) in failing to control city costs from the construction of the new Yankee Stadium. "The ori ... More >>

  • Blogs

    January 6, 2009

    City Releases 116-Page Obfuscation of Stadium Deals

    photo by Shelley Panzarella (cc) Amid today's hoopla over the Bloomberg administration's decision to give back its free luxury boxes at the Mets' and Yanks' new stadiums - about which it's probably best said that the city decided that partying it up in a suite while the great unwashed paid through ... More >>

  • Blogs

    December 17, 2008

    E-mails Show City's Tricky Math in Yankee Stadium Deal

    photo by Shelley Panzarella (cc) As Juan Gonzalez first reported in this morning's Daily News, Assemblymember Richard Brodsky has obtained more e-mails between city officials on the Yankees' stadium project -- and they're doozies. The latest e-mails, Brodsky told Gonzalez, are "the smoking gun" o ... More >>

  • Blogs

    December 9, 2008

    Yanks, Mets Demanding Even More Cash Than Rod Blagojevich

    The blogosphere is hopping with news that the Yankees and Mets are looking to get additional tax-free bonds for their new stadiums. Read carefully, though, and you'll notice they aren't actually new: These are the same additional Yankees bonds that Assemblymember Richard Brodsky blew the whistle on ... More >>

  • Blogs

    October 29, 2008

    Pinsky Says New Yankee Stadium "A Home Run"; We Cry Foul

    After getting smacked around by Rep. Dennis Kucinich on Friday (that's gotta sting), city Economic Development Corporation president Seth Pinsky penned a Daily News op-ed yesterday to "set the record straight" on the Yankees stadium project. The Big Bronx Dig, asserted Pinsky, is a "home run" that o ... More >>

  • Blogs

    September 18, 2008

    The Yankee Stadium Kerfuffle: A Crib Sheet

    photo by Shelley Panzarella (cc) [The taxpayer costs of the new Yankee Stadium have been much in the news. Neil deMause, co-author of the definitive stadium-boondoggle guide Field of Schemes, answers key questions about it. -- ed.] State assemblymember Richard Brodsky was largely silent during th ... More >>

  • Blogs

    July 2, 2008

    City on Yanks Bond Details: Reply Hazy, Ask Again Later

    As promised, state assemblymember Richard Brodsky held a hearing this morning into the Yankees' latest request for $350 million (or so - see below) in city-backed tax-exempt bonds to help pay for extra doodads for their new stadium. The surprise: On the hot seat for the entire three-hour hearing was ... More >>

  • Blogs

    March 24, 2008

    Yankee and Shea Stadium Sell-Off!

    See anything worth buying here? Today's front-page Post "exclusive" reports that the Yankees and Mets are in "secret talks" to buy the remnants of Yankee and Shea Stadiums so the teams can sell off the scrap to souvenir-hunting fans. In the story inside, memorabilia expert Mike Heffner raves about ... More >>

  • News

    September 18, 2007

    Turf Wars

    Yanks' Replacement Park Stinks, Say Bronx Residents

  • Blogs

    August 2, 2006
  • News

    March 7, 2006

    Two Stadiums. No Waiting.

    Yanks and Mets plans leave little room for public debate

  • News

    February 22, 2005

    If They Build It, You'll Pay

    Whether a stadium is built, the Olympics may get off at another stop

  • Dance

    October 8, 2002

    Honey, I Blew Up the Theater

    David White Secures Dance Theater Workshop's Piece of the Rock, and Expands Its Programs.