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Old Dec 29, 2001, 9:32 am
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Join Date: Jun 2000
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Giuliani Proposes New Stadiums for Mets, Yanks

In a tentative agreement finalized Friday, the Yankees and the Mets signed deals with the city for a pair of $800 million, retractable roof stadiums, Mayor Rudolph Giuliani announced.

"You can't underestimate the effect on civic pride and the economy of the city," Giuliani said at City Hall in announcing the two deals. Incoming Mayor Michael Bloomberg, however, will have the final word on what one Met executive called "the framework of a comprehensive agreement."

And Bloomberg, speaking before Giuliani's announcement, noted that the ultimate decision still belongs to him. "The issue is really, 'Can we afford them?' " he said. "I will have to take a look down the road as the economy develops. Nobody knows today how deep or how protracted the current economic downturn is."

http://www.bergen.com/news/stadiums200112291.htm
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