TITLE

Manhattan Stadium Opponents Threaten Suit Over Funding Plan

AUTHOR(S)
McDonald, Michael
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/22/2004, Vol. 350 Issue 31995`, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the lawsuit filed by the opponents of the proposed New York Jets football stadium to bar New York City Mayor Michael Bloomberg from using the city's Transitional Finance Authority (TFA) to support part of a refinancing plan. Violation of the TFA legislation; Redevelopment of the neighborhood around the stadium;Consideration of Bloomberg's proposal as a risky plan; Subjectivity of the scheme to City Council approval.
ACCESSION #
14815166

 

Related Articles

  • Stadium Funding Puzzle N.Y.C. Keeping Its Options Open and Flexible. McDonald, Michael // Bond Buyer;4/26/2004, Vol. 348 Issue 31870, p1 

    Reports that the City of New York plans to sell appropriation bonds to help finance construction of the proposed Jets football stadium on Manhattan's West Side. Empire State Development Corp.'s selection of bankers and lawyers who will work on the financing of the state's contribution to the...

  • N.Y. Assembly Proposal Separates Javits Expansion and Stadium Plan. McDonald, Michael // Bond Buyer;7/15/2004, Vol. 349 Issue 31926, p40 

    Reports on the New York Assembly's version of legislation to permit the expansion of the Jacob K. Javits Convention Center. Limitation of the financing plan of Governor George Pataki and Mayor Michael R. Bloomberg; Restriction of using the Battery Park City Authority money for the project;...

  • NEW YORK: Stadium Switch? McKaig, Ryan // Bond Buyer;1/14/2002, Vol. 339 Issue 31303, p35 

    Reports that New York City Mayor Michael Bloomberg is planning a billion dollar football stadium in Manhattan, New York. Efforts of Bloomberg to bring the Olympics to New York; Use of the proposed stadium by New York's football team.

  • In Brief.  // WWD: Women's Wear Daily;4/7/2010, Vol. 199 Issue 73, p14 

    The article reports on the payment of 800,000 million as settlement for a lawsuit filed by the City, by the estate of Vincent Terranova who owns the buildings in Chinatown block nicknamed "Counterfeit Triangle," to the New York City. It discusses the raid led by New York's Mayor Office of...

  • Gun Dealer Shoots Back at N.Y. Mayor.  // InsideCounsel;Sep2006, Vol. 16 Issue 178, p100 

    The article presents information on the lawsuit filed by Adventure Outdoors, a Georgia-based gun shop, against New York City Mayor Michael Bloomberg for defaming the company when the mayor named it in his lawsuit against fifteen gun retailers. The gun company also alleges that Bloomberg used...

  • The Jets, Bloomberg, Cablevision, Olympics and LI. Kiernan, John // Long Island Business News (7/1993 to 5/2009);2/18/2005, Vol. 52 Issue 7, p11A 

    Comments on the battle that New York City Mayor Michael Bloomberg and the New York Jets football team are waging against Madison Square Garden (MSG)/Cablevision over the proposed stadium in Manhattan, New York City. Use of the unlimited access of Bloomberg to the press to fight for the stadium;...

  • Mayor Proposes N.Y.C. Sales Tax Hike. Smith, Stephanie D. // WWD: Women's Wear Daily;5/4/2009, Vol. 197 Issue 93, p9 

    The article reports that New York mayor Michael Bloomberg wants to increase the New York City sales tax to 8.875 percent from 8.375 percent in an effort to balance the city's budget. In January 2009, Bloomberg proposed a repeal of the clothing tax exemption. It is stated that the sales tax hike...

  • Bloomberg: Pataki's One-Shot Revenues Are Inadequate. McKaig, Ryan // Bond Buyer;1/28/2003, Vol. 343 Issue 31561, p32 

    Discusses New York governor George E. Pataki's plans to refinance $1 billion in Battery Park City Authority bonds to aid New York City and views of New York City mayor Michael Bloomberg on the issue. Unique features of the proposed annual budget; Deficit in the budget for 2004; Insistence of...

  • N.YC.'s Bloomberg Calls for Agency Cuts. Phillips, Ted // Bond Buyer;1/25/2008, Vol. 363 Issue 32802, p1 

    The article reports on the presentation of a preliminary budget for fiscal 2009 by New York City Mayor Michael R. Bloomberg on January 24, 2008. The proposed budget calls for across-the-board agency cuts to $58.5 billion total expenditures from $60.36 billion in 2008. Of that budget, 38% will go...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics