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Will New York City’s Soccer Stadium Cost Taxpayers $0 or $516 Million?

Image by Thanks for your Like • donations welcome from Pixabay

Written by

Dana Rubinstein and Ken Belson

in

Current Events

An independent budget analysis suggests that the city will be losing $516 million in tax revenue from its deal to place a new soccer stadium in Queens.

Dana Rubinstein and Ken Belson
Author: Dana Rubinstein and Ken Belson

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Adams, Eric L Budgets and Budgeting Independent Budget Office Land Use Policies New York City New York City Football Club (Soccer Team) Politics and Government Property Taxes Real Estate (Commercial) Soccer Stadiums and Arenas Tax Credits, Deductions and Exemptions Willets Point (Queens, NY)
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