Building On Manhattan's Most Important Site

"Thank you, CableVision, for helping me to clarify my position on whether the New York Jets should get the go-ahead to build a stadium on Manhattan’s West Side.

On the one hand, the privately owned New York Jets want to build a new sports/entertainment/convention facility on public air space that will only be made into public land through the expenditure of $600 million in public funds equally divided between New York City and State. When completed in 2009, the stadium facility will benefit the public by generating what the Independent Budget Office has said it expects will be a minimum of $55 million in annual tax revenues..."

Thanks to Peter Slatin