Read original...
The Yankees have informally approached New York City officials seeking increased public funding to build their new stadium, the president of the city economic development corporation said Wednesday night.
Seth Pinksy, president of New York City Economic Development Corp., stressed that the discussions with the Yankee organization have been "informal inquiries" and not "intensive negotiations."
State Assemb. Richard Brodsky (D-Westchester), whose committee investigates publicly funded projects, told The Associated Press that the Yankees now say that if they don't get another $400 million in public funding the stadium might not reach completion.
The $1.3 billion stadium is scheduled to open next year across from its current site.
6 years ago
