Brodsky Issues Subpoenas to Yankess Brass
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- January
- 13
Assemblyman Richard Brodsky, D-Greenburgh, Westchester County, said he issued subpoenas yesterday to Seth Pinsky, chairman of the New York City Industrial Development Agency, and Randy Levine, president of the New York Yankees, to appear at his hearing tomorrow in Manhattan on the public financing of the new Yankees Stadium.
Brodsky wants documents that pertain to a request for an additional $430 million in public financing to complete the stadium.
“The Assembly investigations of the NYCIDA financing of the new Yankee Stadium have already revealed that taxpayers will pay up to $4 billion to construct the new Stadium; that City agencies cooked the property tax assessment; that secret negotiations gave the City, at taxpayer cost, a free luxury suite at the new Stadium, and that the number of new permanent jobs created at the Stadium in exchange for $4 billion of subsidy was 22. ”
“The City and the NYCIDA,” Brodsky said, “are now seeking to railroad an additional $430 million of taxpayer money, on which the Assembly Committees have been seeking additional information on for months. The City, the Yankees, and the NYCIDA have refused to make these and other documents available. The legislative oversight and legislative functions of the Assembly require the City and the NYCIDA to tell the Committees and the public the truth about this deal. Subpoenas, as always, are a last resort, but in this case were necessary.”
Brodsky’s criticism recently led to New York City to relinquish its free luxury suite at the stadium, following Brodsky’s critical report “The House that You Built”.
This entry was posted
on Tuesday, January 13th, 2009 at 11:56 am by Joseph Spector.
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Jay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0. 
Cara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them. 
