FILE - In this April 2, 2015 photo, workers cross an unpaved street adjacent to Citi Field, home to the New York Mets baseball team in the Willets Point section of the Queens borough of New York. New York City officials approved a plan Thursday, April 11, 2024, to build a 25,000-seat stadium for Major League Soccer’s New York City Football Club next to the New York Mets’ stadium, Citi Field. The $780 million soccer stadium, expected to open in 2027, will anchor a 23-acre redevelopment project in the neighborhood known as Willets Point that will also include housing, a new public school, retail stores and a hotel. (AP Photo/Kathy Willens, File)
FILE - In this April 2, 2015 photo, workers cross an unpaved street adjacent to Citi Field, home to the New York Mets baseball team in the Willets Point section of the Queens borough of New York. New York City officials approved a plan Thursday, April 11, 2024, to build a 25,000-seat stadium for Major League Soccer’s New York City Football Club next to the New York Mets’ stadium, Citi Field. The $780 million soccer stadium, expected to open in 2027, will anchor a 23-acre redevelopment project in the neighborhood known as Willets Point that will also include housing, a new public school, retail stores and a hotel. (AP Photo/Kathy Willens, File)
KW AG**NY** AB**MEX**NEW YORK (AP) — New York City officials approved a plan Thursday to build a 25,000-seat stadium for Major League Soccer’s New York City Football Club next to the New York Mets’ stadium, Citi Field.
The $780 million soccer stadium, expected to open in 2027, will anchor a 23-acre (9-hectare) redevelopment project in the Willets Point neighborhood that will also include housing, a new public school, retail stores and a hotel.
The new stadium will be New York City’s first venue dedicated to professional soccer. NYCFC, which in 2021, currently plays home games at Citi Field or at Yankee Stadium in the Bronx.
In addition to Citi Field, the soccer venue's neighbors will include the Billie Jean King ºÃÉ«tv Tennis Center, where the U.S. Open is played.
The City Council approved the new stadium after decades of failed efforts to transform Willets Point, long a gritty cluster of auto body shops.
City officials have said that the stadium will be privately financed by NYCFC’s owners, who include the Yankees and United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, the owner the Manchester City Football Club.
But the city’s Independent Budget Office that the actual cost to taxpayers for the stadium could be $516 million spread over the 49-year term of NYCFC’s lease.
The analysis is based on what the city would have received in property taxes had it sold the land to the stadium’s developers instead of leasing it.
The development team includes Related Companies and Sterling Equities, which is partly controlled by the Wilpon family, who used to own the Mets.
The ºÃÉ«tv Press. All rights reserved.
Jack Flaherty pitched six scoreless innings, Gleyber Torres hit a three-run homer …
Prime Minister Mark Carney took a tour of some of the oldest Acadian houses in Ber…
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
