Well Good Morning! This type of corruption goes on all the time in New York. Did Brodsky just wake up? Or did he finally get a set of knads to do something about it. We get the shaft all the way around from paying for these stadiums, rebuilding them, adding box seats and all the rest, plus we get to pay the outrageous ticket prices. All the while the politicos, team owners, land owners and union controlled construction companies run to the bank to fill their coffers with all our money.

Is it morning in New York yet? Or are we all still asleep at the switch? WAKE UP NEW YORKERS.

The Canadian Press: New York assemblyman heads to D.C. over stadium subsidy

ALBANY, N.Y. — State Assemblyman Richard Brodsky said he will issue a report Tuesday finding that New York City manipulated the assessed value of the new Yankee Stadium to get an Internal Revenue Service tax exemption.

“We have done a fair, careful, thorough analysis and have uncovered some very disturbing things,” Brodsky said.

Seth Pinsky, president of the New York City Industrial Development Agency, said he hasn’t seen the report but rejects its claims. He said the new stadium will create 1,000 permanent jobs, add new infrastructure and transportation access to the Bronx and was already subject to nearly 20 public hearings.

“It appears the assemblyman is rehashing charges that he has made repeatedly and to which we have responded,” Pinsky said.

Brodsky has questioned the Yankees’ request to subsidize the stadium with US$336 million in public funds issued by the IDA.

He said the report indicates that tax payers - not the Yankees - are paying for the construction of the new stadium. The report indicates that tax payers have spent between $550 million and $850 million on the project to create only 15 new permanent jobs.

Brodsky is the chairman of the Assembly committee on corporations, commissions and authorities, which has jurisdiction to review proposals involving IDAs.

The Westchester Democrat said the IDA may have violated the law by creating massive amounts of public debt and by failing to assure public benefits from the taxpayer investment.