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Tax-exempt bonds for Yankee Stadium

Testimony last updated January 15, 2009

Statement in Opposition to Additional Proposed Tax-Exempt Bonds for Yankee Stadium
Testimony to the New York City Industrial Development Agency

Joan Byron
Pratt Center for Community Development
January 15, 2009
The Pratt Center joins Good Jobs New York, and the South Bronx-based organizations testifying here today, in opposing the issuance of $371 million in new tax-exempt bonds to cover additional construction costs for Yankee Stadium.

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Kingsbridge Armory

Testimony last updated March 5, 2009

Testimony to IDA Board on Kingsbridge Armory

Joan Byron
Director, Sustainability and Environmental Justice Initiative
March 5, 2009

The Pratt Center joins the Kingsbridge Armory Redevelopment Alliance in asking the IDA board not to vote for the package of tax deferrals and subsidies being requested by the Related Companies until Related enters into a binding agreement committing that the project will create the benefits to the community and to the city’s economy that justify the public investment this project is demanding. You are being asked to vote on $13 million in tax breaks, but there is much more on the line here.

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