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Congratulations to the Queens Islanders on their new arena. heh heh heh. I think they named it the UBS arena because the Randy Andy Cuomo arena lost it's lustre. LGR!
As for the other argument, I'm mixed. Around here, any development that isn't a Walgreens, bodega, bank or exclusive 55+ condo is a blessing. Otherwise, arenas are an albatross of an investment unless they are part of a revitalized or new sports entertainment type district (like Lighthouse may or may not have become), really accessible by mass transit and massive revenue creators whether residential or retail development comes with it. Long Island, as usual gets none of that. It's just a nicer new, equally inaccessible, more expensive barn (on top of an expensive barn), exactly what shouldn't have happened at the Hub (shuttle buses from the parking lots?! No thx, lol!). Tell me the truth, does anyone on LI except the staunchest Islander fan feel any ownership or connection to this arena? Does it feel like part of the LI community? I'm not feeling it. Kate and the local GOP screwed it up so bad the local geniuses couldn't help but bring them back (they never really left of course). This place truly blows goats.
I 100% feel a connection to it, went to the opener and did a tour during construction its an amazing arena and a new home, lightyears better than awful Brooklyn (maybe the isles will actually win a game there someday). As more time goes by memories of the old arena will fade just like the old yankee stadium, shea etc. And no monster its not queens no matter how much you want it to be sorry lol
It frankly makes MSG look like a dump. Don't get jealous now! You're just mad because you ranger fans cant do mausoleum insults anymore, because you guys are now in the dated mausoleum
Oh and there are all sorts of plans for shopping, entertainment etc. around the arena. Will those happen (they say they will) we shall see. Thrilled the Isles are permanently back in Nassau where they belong.
Last edited by peconic117; 11-21-2021 at 04:03 PM..
Here you go. Red Bull Arena was just the first thing that came to my mind because being from NJ. There is a lot more articles out there illustrating this in many other cities.
Quote from article:
"Stadiums require millions of taxpayer dollars and they generate $145 million in revenue per year on average. However, none of this money goes back into the community."
Quote from article:
"Pro sports teams are bad business deals for cities, and yet, cities continue to fall for them. But municipalities can support local sports without selling out their citizens in the process."
Quote from article:
"We’ve seen this play before, here and across the country. A professional sports team wants a new or refurbished stadium, it persuades the taxpayers to pick up an unreasonable share of the cost and then it walks away before you know it, leaving behind a white elephant."
Quote from article:
"The loss in federal tax revenues was even higher than the subsidy to the stadium. High-income taxpayers holding the bonds receive a windfall tax break, resulting in an even greater loss of revenue to the federal government. In the case of Yankee Stadium, the additional loss was $61 million. That is, the federal government subsidized the construction of Yankee Stadium to the tune of $431 million federal taxpayer dollars, and high-income bond holders received an additional $61 million.†"
Yawn. Again who cares. Tax revenue isn't everything hence why cities still seek them out. Also a lot of your examples were of arenas funded by different methods. Its still lightyears better than being directly taxpayer funded. Also despite those examples you have no idea how this arena will shake out eventually. Only time will tell.
Privately funded, except for the 25 year tax abatement they get, while residents foot the bill. Not to mention the excess strain on roads, police, utilities, etc.
But think of all the great jobs it will create !! Ice cream and peanut vendors, parking lot attendants !
A big win for for the taxpayers
But think of all the great jobs it will create !! Ice cream and peanut vendors, parking lot attendants !
A big win for for the taxpayers
So the person taking the job was forced to take it? What if it filled many jobs for people who needed them? If they didn’t need them they wouldn’t be filled no?
Those peanut vendors Making some good tips unless you don’t tip.
“ Economy in Zip 11003 (Elmont, NY)
Elmont (zip 11003) has an unemployment rate of 6.2%. The US average is 6.0%.
Elmont (zip 11003) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%”
Nice to see any type of jobs come into the community. Amazon was run out. Give the local
Community’s something extra to choose no?
This is our new governor praising it. Lots of improvements.
But think of all the great jobs it will create !! Ice cream and peanut vendors, parking lot attendants !
A big win for for the taxpayers
there are virtually no log term jobs of value created by new stadiums and such. But the people that actually design and build these projects are typically based out of NY and those are in fact good jobs. I say build baby build....
Yawn. Again who cares. Tax revenue isn't everything hence why cities still seek them out. Also a lot of your examples were of arenas funded by different methods. Its still lightyears better than being directly taxpayer funded. Also despite those examples you have no idea how this arena will shake out eventually. Only time will tell.
Did you read any of the articles? If it is taxpayer funded then tax revenue is a big part. Plus there is plenty of mention that the private profits dont go back into the local community. Most of it kept by big wigs who own the teams. That means they should be able to completely fund it on their own. They can reap the profits to pay for it later themselves. No need for taxpayers help.
All the construction jobs go to workers from elsewhere, not local. Every other job is low paying, and temporary like hot dog vendor. Will the restaurants, and bars make up for all the tax increases? If not then better not to have restaurants and bars. They either making enough, or making less and less as time goes by.
there are virtually no log term jobs of value created by new stadiums and such. But the people that actually design and build these projects are typically based out of NY and those are in fact good jobs. I say build baby build....
Does not help the locals. Let the architect's state of origin foot the bill, so this architect can have a project then.
So the person taking the job was forced to take it? What if it filled many jobs for people who needed them? If they didn’t need them they wouldn’t be filled no?
Those peanut vendors Making some good tips unless you don’t tip.
“ Economy in Zip 11003 (Elmont, NY)
Elmont (zip 11003) has an unemployment rate of 6.2%. The US average is 6.0%.
Elmont (zip 11003) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%”
Nice to see any type of jobs come into the community. Amazon was run out. Give the local
Community’s something extra to choose no?
This is our new governor praising it. Lots of improvements.
Then why dont the taxpayer just directly give money to those poor souls who need the peanut vending jobs? Why give money to someone else first, then to someone else, then to the peanut vendor?
Do I need any reason other than the peanut vending job needing person needs money?
Or maybe we should just do what Green Bay Packers do? The locals own the team. Less middle men, and the peanut vendor gets his pay.
Then why dont the taxpayer just directly give money to those poor souls who need the peanut vending jobs? Why give money to someone else first, then to someone else, then to the peanut vendor?
Do I need any reason other than the peanut vending job needing person needs money?
Or maybe we should just do what Green Bay Packers do? The locals own the team. Less middle men, and the peanut vendor gets his pay.
So if I donate to a charity I’ll be critiqued for not giving direct to the beneficiary of the charity ?
Based on your New Jersey user name. Look at what the devils are doing to your state
Last edited by 94nasupra; 11-21-2021 at 08:11 PM..
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