The Bronx Is Burning Over Yankee Stadium Parking

10 September 2007 - 2:00pm

Residents of the South Bronx are opposed to new parking garages for Yankee Stadium, which will be subsidized with tax-exempt bonds issued by New York City.

"The people of the South Bronx will organize against the subsidized construction of parking garages for the new Yankee Stadium, one resident said yesterday."

"At a sparsely attended public hearing in Lower Manhattan, Margaret Collins of Save Our Parks told the New York City Industrial Development Agency (IDA) that a "barely contained rage" is simmering over the traffic the new stadium is expected to bring to the area. Surveys show that lack of recreational space and pollution are the top concerns in South Bronx neighborhoods, Collins said -- problems that were exacerbated when the Yankees seized public park land for its stadium complex, and which could yet worsen once its proposed 9,000 parking spaces are put to use."

Source: Streetsblog, September 7, 2007
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At a much larger economic scale, however, one mustn’t avoid calculating the tremendous and exceptional externalities of automobile dependency.