Wednesday, February 8, 2012

The House That EDC Built: A 9,000-Car Complex With 8,930 Empty Spaces

In case you’re just tuning in, all that taxpayer-subsidized parking built for the new Yankee Stadium has failed beyond anyone’s wildest expectations.
Yankee Stadium parking in its natural state. Photo: Daily News
In today’s Daily News, Juan Gonzalez reports that Bronx Parking Development Company LLC is expected to default this year on the $200+ million in triple-tax-exempt [...]

Source: http://www.streetsblog.org/2012/02/03/the-house-that-edc-built-a-9000-car-complex-with-8930-empty-spaces/

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