Yes, the Mets also want some $80 million in additional funding for their new Citi Field, but there are some big differences.(Emphasis is mine.)
The City Council authorized the Mets to use that money, but the team never borrowed the full amount. The cost of Citi Field, including parking facilities, has increased by only about 15% above original projections - to a total of $700 million.
Yankee Stadium, on the other hand, has zoomed from an original price tag of $800 million in 2005 to $1.3 billion today.
And that's not counting the Yankee parking garages, which are being built by a separate nonprofit. They also have jumped in price to more than $340million.
The Mets are in the same town and are using the same unionized labor force. Yet Yankee Stadium will end up costing about twice as much as Citi Field.
I don't hate the Yankees or anything, but that's pretty ridiculous.
