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New York City approved Thursday a plan to build a stadium with 25,000 seats for Major League Soccer. New York City FC The next step is to New York Mets‘ stadium, Citi Field.
The stadium will be part of a redevelopment plan for the Willets Point area that includes housing, new schools, shops, and hotels. It is expected to open by 2027.
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New York City is getting its first dedicated professional soccer stadium. NYCFC won the championship in 2016. MLS The team, which will win the championship in 2021 in New York City’s Yankee Stadium since joining the league back in 2015 has played all of their home games there.
There are scheduling conflicts between the New York YankeesNYCFC is forced to regularly play at Citi Field or even, at times, at the stadium of their MLS rivals. New York Red Bulls.
Citi Field will have as its neighbors the USTA Billie Jean King National Tennis Center where the US Open takes place.
After decades of futile attempts to change Willets Point from a gritty collection of auto body shops, the City Council has approved a new stadium.
The city officials said the private financing of the stadium would be provided by the owners of NYCFC, which includes the Yankees. Manchester City The owner of the United Arab Emirates football club, Sheikh Mansour bin Zayed Al Nahyan.
The Independent Budget Office of the City concluded that taxpayers could pay $516,000,000 over the 49 year lease term for NYCFC.
This analysis was based on the amount of property tax that the city could have collected if it had sold its land to stadium developers rather than leased it.
Related Companies, Sterling Equities and the Wilpon Family, the former owners of the Mets, are all part of the development team.
The Associated Press provided information for this article.
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