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Providence Journal: Gothamites vs. boondoggle

In an article titled Gothamites vs. boondoggle the Providence Journal opinion piece lays out some of the pros and cons of the new stadium plan. One of the things that the author seemed to miss is the expansion of the Javits center and its year round use as a way of bringing in revenue for the City.

As taxpayers elsewhere have asked, many New Yorkers want to know why they are being asked to subsidize a 75,000-seat football stadium that would serve the business interests of a National Football League team. Professional sports have never been a significant economic engine for New York. The city is already host to two Major League baseball teams, a National Basketball Association team, and a National Hockey League team -- yet professional sports account for only 0.7 percent of New York's annual gross economic product.

Providance Journal (www.projo.com)

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