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Who Says: We should have known this was coming. Just wait until the start tearing down the old stadium and find that the land is contaminated from an oil leak from the stadiums oil tanks..
Time and Cost Rise for Yankee Stadium Parks
Anthony Santiago, left, and his twin brother, Christopher, playing in a temporary park at Jerome Avenue and East 161st Street.
Cost estimates for eight small parks around the new Yankee Stadium have almost doubled.
The cost of replacing two popular parks where the new Yankee Stadium is being built has nearly doubled. At the same time, several of the eight new parks, which were supposed to be completed before the new stadium opens next spring, have been delayed by as much as two years, according to city documents.
The price of the new small parks — which are to replace tennis and basketball courts, a running track and baseball and soccer fields eliminated to make way for the new stadium — is now projected to be $174 million, almost one-seventh the cost of the $1.3 billion stadium itself. The original estimate had been $95.5 million. The increase comes amid skyrocketing costs for construction projects, both public and private, around the city.
The stadium is being financed by the Yankees with city subsidies, while the eight new parks for the South Bronx, which range in size from 0.24 acre to 8.9 acres, are being paid for by the city.
None of the replacement parks have been completed, and construction on several has not yet started; however, the parks department has built a temporary replacement park on a parking lot in the area, opened a ball field this spring at a school almost a mile to the east, and is building a sports field at a recreation center about a mile to the north.
The city was required to build the new parks after it selected the 28.4-acre Macombs Dam Park and a portion of the 18.5-acre John Mullaly Park as the site of the new stadium in 2005. State and federal law dictated that a similar amount of parkland nearby of equal or greater fair market value be built to replace the parks that would be lost.
Some residents have been critical of the trade-off. While Macombs Dam and Mullaly Parks were almost contiguous stretches of grass and trees amid the concrete topography of the South Bronx, the replacement parks are small parcels scattered around the area. The sites include sports fields atop a planned stadium parking garage and a park along the Harlem River, which is on the opposite side of the Major Deegan Expressway.
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