Jan
02
Park The Cash Here .. Sure We’ll Build The Yanks’ Lot
The group that received $237 million in city-sponsored bonds to build garages and parking lots at the new Yankee Stadium is hardly an all-star of public financing.
Bronx Parking Development LLC lists as its “sole member” the nonprofit group Community Initiatives Development Corp., which defaulted on two previous tax-exempt bonds in the past 10 years, records show.
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