![]() The plan also called for forgiving $80,000 that the Mets owed the city in cable revenues and giving both teams an additional $25 million in planning money. Of $1.6 billion sought for the stadiums, city and state taxpayers would pick up half the tab for construction, $800 million, along with $390 million on extra transportation. With the large number of people coming to the Bronx, and the increased security in the area on game days, this became less of a problem, and thoughts turned to a new or renovated stadium in the Bronx.ĭays before leaving office in December 2001, New York City Mayor Rudolph Guliani announced "tentative agreements" for both the New York Yankees and New York Mets to build a $1 billion stadium. ![]() However, in the 1990s, with the team becoming successful on the field, attendance increased dramatically. The South Bronx was considered a bad neighborhood. The Yankees' desire to move to a new stadium dates back to the 1980s, where Yankee owner George Steinbrenner publicly considered a move of the franchise to a safer area of the New York City metropolitan area. The new facility has a planned 2009 opening (the same year as Citi Field, future home of the New York Mets). Groundbreaking ceremonies for the stadium took place on August 16, 2006, the 58th anniversary of Babe Ruth's death, with team owner George Steinbrenner, Governor of New York George Pataki, Mayor of New York City Michael Bloomberg among the notables donning Yankees hard hats and digging up some dirt to mark the occasion. The existing stadium opened in 1923, making it the third oldest Major League Baseball stadium currently in use behind Fenway Park and Wrigley Field respectively. It was built on the current site of Macombs Dam Park in the New York City borough of the Bronx, across the street from the old Yankee Stadium, which it will replace. ![]() This stadium is informally called Yankee Stadium III (The renovated stadium is considered Yankee Stadium II). Yankee President Randy Levine has stated that the naming rights may be sold and the park named " Yankee Stadium at (company name) Plaza". ![]() Yankee Stadium II is a new professional baseball Ballpark for the New York Yankees that opened in 2009 to replace the Old Yankee Stadium. ![]()
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