Wednesday, May 18, 2011
Bronx BP Diaz Wants Yankee Parking Lot Made into Hotel
Juan Gonzalez of the Daily News writes today about the major financial difficulties at the Yankee Stadium parking lot. The $340 million parking system is in financial collapse, partly because customers are using only 31 percent of the 9000 parking spots. Gonzalez writes, "In a desperate effort to stave off default, the firm hiked its rates this season to $35 for self-parking and $48 for valet, from $23 and $36, respectively. The new prices have driven more fans away. Barely 100 patrons a game are forking out the $48 valet price, less than half what the company expected." Bronx Borough President Ruben Diaz, Jr. has suggested that the garage be torn down and a new hotel or other project be built in its place. What do you think?