Showing posts with label soccer. Show all posts
Showing posts with label soccer. Show all posts

Wednesday, November 16, 2022

Soccer trickle down housing

The potential redevelopment of Willets Point in Queens has bedeviled New York City officials for years.

New York Times

The stadium would be the first significant major-league sports venue to be built in the city since 2012, and is set to be the focal point of a 23-acre project that includes a 250-room hotel and 2,500 units of housing. Officials say the project would be the city’s largest development of entirely affordable housing since the Mitchell-Lama developments of the 1970s.

The deal represents Mayor Eric Adams’s most ambitious economic development initiative and comes as he is about to complete his first year in office. It also spells the end of two sagas: the team’s decade-long search for a dedicated soccer stadium and an even longer conundrum about the future of Willets Point, a once thriving conglomeration of auto body shops.

“Queens, which is the world’s borough, now will become the home of soccer, which is the world’s sport,” Maria Torres-Springer, the deputy mayor for economic and workforce development, said in an interview on Tuesday.

Unlike many stadium deals, including one for the Buffalo Bills negotiated this year by Gov. Kathy Hochul that included nearly $900 million in public funds, city officials said subsidies for this project are largely limited to infrastructure improvements at the site and property tax breaks for the stadium.

The soccer team will pay for the entire construction of the stadium, which is estimated to cost $780 million, city officials said. Neither tax-exempt bond financing nor direct city capital infusions will be used, according to Andrew Kimball, the president of the New York City Economic Development Corporation. The developers are not getting abatements on mortgage recording or sales taxes, he said. But the stadium owners will not have to pay real estate taxes for the duration of the lease.

Friday, November 11, 2022

Soccer team is going to get a new arena

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  Queens Chronicle

The possibility of a soccer stadium for the New York City Football Club at Willets Point seemed closer to reality this earlier this week.

During a webinar on the borough’s economic impact with Travis Terry, chief operating officer of the Capalino Group, and Queens Chamber of Commerce President and CEO Tom Grech, Borough President Donovan Richards spoke about the future of tourism in Queens.

“Even if you like soccer, the redevelopment of Willets Point — which I think is gonna, we’re gonna have some announcements on — with the football club, New York Football Club,” Richards said.

Asked for further comment on the borough president’s remarks, a spokesperson for Richards wrote in an email to the Chronicle, “Borough President Richards was expressing his optimism about the future of various infrastructure, transportation and cultural investments in Queens — including the all-encompassing redevelopment of Willets Point.

“The Borough President is laser focused on ensuring Queens becomes a true live-work-play destination, and will work with any organization or entity to help make that happen.”

As the Chronicle previously reported, NYCFC’s owners have pitched a stadium to Mayor Adams, among several other elected officials. That prompted a protest from Corona residents and demonstrators from Nos Quedamos Queens and the Black Leadership Action Coalition, the latter of which is led by longtime activist Bertha Lewis.

Sunday, August 7, 2022

F your soccer stadium

 

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 Queens Chronicle

A group of activists and Corona residents gathered along the outer wall of the Willets Point construction site, where Phase 1 of the city’s development project is underway, to voice their opposition to the potential building of a soccer stadium in the area this past Sunday.

Though Mayor Adams’ office told the Chronicle that no agreement has been made for a stadium — which would permanently house the New York City Football Club — at this point, state lobbying records show that the team’s owners, the City Football Group, have pitched the stadium to numerous area stakeholders, including Adams and Councilman Francisco Moya (D-Corona) [see separate story].

Upon hearing the news, longtime activist Bertha Lewis joined forces with the Black Leadership Action Coalition, Nos Quedamos Queens and former Councilman and state Sen. Hiram Monserrate, for Sunday’s rally.

“Our city, as the mayor has stated, has a housing crisis,” Monserrate said Sunday afternoon. “But somehow, our local councilmember and others have concocted a scheme to build another, fourth stadium in this neighborhood — number four — 25,000 more seats, when people don’t have a damn place to live.”

The news of a potential NYCFC stadium is the latest in a years-long saga surrounding development proposed for the area, during which time a previous soccer stadium, a shopping mall and, most recently, a casino, have been proposed for the broader Willets Point-Flushing Meadows Corona Park area. All of those plans, including the casino, have been met with widespread opposition from residents in the surrounding communities.

Not only do stadium opponents believe that the need for housing supersedes the need for the borough’s fourth stadium, but the 1,100 units of housing slated for Willets Point is far fewer than the 5,500 agreed upon in 2007 (a deal Monserrate helped broker), prior to the construction of Citi Field.

“It’s an insult. It’s ridiculous,” Lewis told the Chronicle. “1,100 units. And, oh, we’re supposed to be happy with that? It’s the same story.”

She added that 5,500 units of housing need to be built before anything else is, along with the school the public was promised; the latter is part of the current plan.

One of the chief arguments in favor of building a soccer stadium at Willets Point is that it would create a myriad of new jobs, both in the construction process and once the stadium opens. But Lewis rejects that argument outright.

“You mean selling hot dogs and popcorn? You think that’s a nice career? Don’t give me that bulls--t,” Lewis said.

 

Thursday, July 28, 2022

Mayor Adams approves stadium in Flushing for soccer team

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 NY Post

Mayor Eric Adams is expected to announce that he is onboard with plans for a 25,000-seat soccer stadium to be built near Citi Field that will be home to the New York City Football Club, sources close to the situation said.

“A deal is close, but negotiations are ongoing,” a source said.

Even with the mayor’s blessing the stadium would still need to be approved through the Uniform Land Use Review Procedure (ULURP) which is not a given, sources said.

Still, a new stadium for the reigning MLS Cup Champions could be built by 2025, a source said.

The NYCFC has been nomadic playing home games this season at Yankee Stadium, Citi Field and Red Bull Arena in Harrison, New Jersey. So the prospect of a permanent home would be welcome news to their loyal fan base.

It likely also would be built in time for the 2026 World Cup which is being held in New York City and New Jersey.

Media reports a few months ago said a new stadium would most likely be built in the Bronx, but that is no longer the case, sources said.

 

Sunday, May 2, 2021

Soccer stadium coming to Jamaica

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Queens Chronicle

Professional soccer is coming to Queens — and York College in Jamaica — next spring.

City officials on Tuesday joined the owner of Queensboro FC to announce plans to build a 7,500-seat stadium on a plot of land just south of York’s Health and Physical Education building.

The stadium will be bounded by 160th Street to the west, Tuskegee Airmen Way to the south and Guy R. Brewer Boulevard to the east.

Queensboro FC is an expansion team in the United Soccer League and will begin play in 2022. In addition to QBFC games and practices, the facility will host York’s commencement ceremonies, CUNY Athletic Conference tournament play, and other events both free and ticketed.

“York College is honored to be the host site for Queensboro FC’s home stadium,” York President Berenecea Johnson Eanes said in a statement issued by CUNY and the club. “We believe their contributions as a community-led sporting organization will greatly advance our facilities, our campus experience, and our neighborhoods. This project will showcase the importance of private and public sectors coming together, and working together, to celebrate diversity and bridge communities.”

Jonathan Krane, the club owner, said it was an exciting day for the team.

“The announcement of our home stadium site at York College represents a bold new chapter for professional sports in New York City,” Krane said. “More importantly, we are proud to deliver our QBFC fans a dedicated soccer specific venue, built by and for the Queens community, bringing us all together to celebrate the beautiful game.”

Tuesday, November 12, 2019

Soccer at Willets Point?



Queens Eagle

A brand new professional soccer club will kick off at York College in 2021, the team owners announced Tuesday — thirteen months after the Eagle first reported on the team’s likely arrival.
Queensboro FC will compete in the United Soccer League Championship division, a tier below Major League Soccer in the hierarchy of U.S. soccer leagues. The ownership group includes businessman Jonathan Krane, the CEO of KraneShares, and legendary Spanish striker David Villa.

"I lived and played in New York for four years. I know what a special place Queens is," said Villa, who played for NYCFC after starring for Valencia, Barcelona and Atletico Madrid at club level and winning the 2010 World Cup with Spain. "I love the cultures, the food, the people and their passion for life and, of course, soccer.”

“It's a dream to help build this football club in Queens and I couldn't choose a better location," he added.

The club will play its home games at York College, with a few matches taking place at Citi Field, the team said in a statement.

Councilmember Francisco Moya called the new club “exciting” and welcomed its arrival. In September 2018, Moya met with Villa and Borough President Melinda Katz at Borough Hall to discuss the team, and a potential new venue for the club.

The trio discussed a proposal “to build a 10,000 to 25,000-seat soccer stadium in the Willets Point redevelopment area that would serve as home for the Queensboro Football Club, a proposed new team that would play in the United Soccer League, a second division professional league,” read a statement provided by Katz’s office.


Apparently, now there's a Queens soccer team. Which could mean the City proceeds with a soccer stadium at Willets Point. (Could this be the reason for rumors of Mayor de Blasio stopping at Willets Point on Nov. 18th?)

Monday, October 8, 2018

Meetings happening about soccer team

From the Queens Eagle:

A caption crafted by the press office and sent to media outlets for publication said that Moya, Katz and Villa met to “discuss the future of ‘The Beautiful Game’ in ‘The World’s Borough.’”

“One option that was discussed is a proposal to build a 10,000 to 25,000-seat soccer stadium in the Willets Point redevelopment area that would serve as home for the Queensboro Football Club, a proposed new team that would play in the United Soccer League, a second division professional league,” the statement said.

The proposal for a soccer-specific stadium in Willets Point is nothing new. Katz and Moya even formed a task force to study Willets Point stadium proposals in 2017 and Katz reiterated her support earlier this year.

“I have not made it a secret that I support a stadium there,” Katz told Crain’s in February. “I think it would be a great thing for the constituents of the borough of Queens.”

But the press statement generated significant attention among die-hard soccer fans who had never heard of a proposed “Queensboro Football Club” that would play in the United Soccer League, a 33-team professional league that is considered the second-tier of the American soccer pyramid after Major League Soccer.

The proposed club name was first reported by the website SoccerInNYC.com (full disclosure: the site is operated by Eagle managing editor David Brand).

Soccer writer Chris Kivlehan saw the post about the proposed Queensboro Football Club on SoccerInNYC.com and dug deeper into the proposal.

As of press time, Katz’ office did not respond to request for comment. On Tuesday, a spokesperson for Moya said he would get back to the Eagle with more information about the meeting.

On Tuesday night, Kivlehan shared more about what he had heard about the soccer club proposal in a post on the NYCFC subreddit.

“I made contact with a person at DV7 soccer who confirmed to me that it was something they looked at but said it was not currently an active project,” Kivlehan wrote. “This chat was in early Sept. Clearly with Villa, Katz and Moya meeting it indeed appears to be active. I heard stadium was more like 10k. I can’t see them building more than 15k for anything but NYCFC.”

Wednesday, August 22, 2018

QCA wants artists' housing, but Katz wants a soccer stadium



And there you have it.

Monday, December 11, 2017

Soccer or hockey stadium may be headed to Belmont


From CBS 2:

What does the future hold for the vacant lots at Belmont Park?

More than 200 of its neighbors went to Elmont High School on Sunday to find out what two New York sports teams have in mind. As CBS2’s Hazel Sanchez reported, most locals weren’t very happy about what they heard.

“Like it or not, the residents of this area are getting a stadium, and the congestion is going to be mind boggling,” one man said.

“It’s going to be nightmare,” another person added.

The New York City Football Club, partly owned by the New York Yankees, hopes to transform part of the property north of Hempstead Turnpike into a 26,000 seat open-air stadium for its professional soccer team.

Meanwhile, the New York Islanders want to turn that property into a world class sports and entertainment facility, including an 18,000 seat arena for the professional hockey team.

Sunday, November 26, 2017

The privatization of Frank Golden Park?


From the Queens Chronicle:

Frank Golden Park is the main home of the Queens youth athletic club, which has been using it since 2009. The group has around 600 members, with approximately 300 children.

Recently, work on a $1.6 million new field — completely using private funds raised by the athletic association — was finished there. According to Shannon Gaels Chairman Robert McDonagh, the fence that now surrounds the newly finished field is only closed temporarily to protect the new grass. Although the fence will be open during the day, it’s planned to be closed permanently at night when the park is closed.

Now, the Parks Department is seeking Community Board 7’s approval for the design of a second Gaelic football field to be operated by the club right next to the newly completed one in the park. That field, which McDonagh expects to take around 18 months to finish, is paid for by $4.53 million from the City Council and Borough President Melinda Katz.

The agreement allows Shannon Gaels to operate and maintain the section of the green space between March 1 and Oct. 31 of each year. It was written in 2014 and covers a 15-year-period, after which the Parks Department can renew it for five-year terms.

According to the document, the club is required to allow an average of 10 hours on the park’s fields each weekend for it to be used by “other groups,” which are also entitled to one full weekday evening per week. And the deal mandates that school athletic programs be guaranteed a minimum of one late afternoon session per week. Other groups must get a permit to use the space.

Saturday, October 7, 2017

Katz pushing for soccer stadium, "100% affordable housing" at Willets Point

From Empire of Soccer:

New York City FC remain in discussions with Queens Borough President Melinda Katz and city officials about building a stadium at Willets Point, Katz told Empire of Soccer on Wednesday.

NYCFC confirmed a report in The New York Times report that it was viewing two sites in the Willets Point area as potential locations for a stadium, and Katz did as well. At the moment, Katz said, the overall plans for re-developing the area are uncertain after a State Appellate Court determined that a part of the area west of Citi Field was parkland and could not be built upon without approval from the state legislature.

“The City has not determined how they want to move forward,” Katz said. “We’re in discussions with the developers and they’re also in discussions with legal teams as to what can be done there. It’s 23 acres that the City now owns outright and I have made it very clear that my first priority would be a soccer stadium there and affordable housing.”

At the moment, none of the parties are in agreement about where a stadium and potential housing would be located, Katz said. That’s largely because of the uncertainty surrounding the legal and zoning situation. NYCFC continues to pursue other venues while waiting for the Willets Point situation to be resolveedf, Katz said she didn’t mind that. Should any team propose a stadium in Willets Point, Katz said an affordable housing component would be ‘extremely vital.’ ”

“You need to have affordable housing there,” she said. “The City is in a crisis with housing. People are in desperate need of places to live and places they can afford to live in. The Mayor has made it a priority to build and retain 200,000 units of affordable housing and this has to be part of that resolution. I don’t think any body would argue that point and now that the City owns 100% of the property we’re building on, there’s no reason why it can’t be 100% affordable.”

“You keep assuming it’s NYCFC, which is nice,” she said, “but at the end of the day, I want to see a soccer stadium there. That can be a small one, it can be a larger one. I just think we just need to answer constituents’ calling to have soccer represented in a larger fashion in Queens.”

Saturday, January 28, 2017

Council candidate calls for investigation of Katz

From the Queens Chronicle:

Queens Borough President Melinda Katz in her State of the Borough address Friday proposed the placement of a soccer and hockey arena at Willets Point, as well as a school, economic recreation center and a parking facility at the 62-acre site.

Katz, in her address, said, “… as we await the outcome of the lawsuit, let’s ponder additional options.”

“We should be unafraid we should think bigger, bolder and more comprehensively,” she later said. “We need to review positioning ourselves for success by thinking creatively about further options that address our changing borough’s needs — a new school, an eco-recreation center, more parking to accommodate simultaneous big events that we have there now, because all those big events that we have now are wreaking havoc on the soccer fields and grass in Flushing Meadows for parking.

“And to help pay for it, let's consider a soccer stadium, let's consider a hockey stadium” she said. “Just imagine if we, the World’s Borough, hosted the World Cup or the Stanley Cup.”

One opponent of the mall project quickly criticized the borough president’s proposal.

"Borough President Katz's push for yet another stadium in Willets Point on property that was essentially stolen from small businesses for the supposed use of creating a new affordable residential community — a plan that she herself negotiated in 2008 as the Land Use Chair on the City Council! — would be almost comical if it weren't so disturbing,” said Paul Graziano, an urban planning consultant, plaintiff in the lawsuit and City Council hopeful.

“Law enforcement officials should look very carefully at possible collusion between the Borough President's office and the developers in question, as this seems to be yet another attempt at grabbing our city's public property in order to further enrich a few very already wealthy individuals at our expense," Graziano, who is running as a primary opponent against Councilman Paul Vallone (D-Bayside) in September, continued.

Monday, December 21, 2015

A soccer stadium for Sunnyside?

From LIC Talk:

A new article written in a soccer publication, makes a well-thought-out case that Sunnyside Yards could be the optimal location to build a stadium for the NYCFC. That would be the NYC Football Club for the bulk of us not familiar with the acronym, but don’t let this new professional soccer team’s relative obscurity make you relegate the stadium idea as a lark.

That is because, as the author points out, the team is majority-owned by Manchester City, a well-known (and as you’ll see, well-funded) and newly successful team in the English Premier League, and Manchester City is wholly owned by one Sheikh Mansour. Now as it turns out, the Sheikh is also on the board of the Abu Dhabi Investment Authority, which a quick google shows has about three-quarters of a trillion $ in its coffers!$!

Not that there’s any shortage of capital looking to be put to work within spitting distance of midtown, but with that kind of heft, the ADIA may be willing to provide some very generous financing to make this struggling project more palatable. Plus the new stadium angle allows the Mayor to do a major rewrite on what’s turning out to be a very difficult sell. Add the fact that the NY Yankees are the minority owner of the team, and you have another powerful and connected gorilla in the room helping to push it through.

Now the above is just my handicapping the possibility of the stadium happening. I am still very much against the Sunnyside Yards project, and will continue to refer to it as the NYCBD, aka the NYC Big Dig. It will be good for the 5-10 thousand residents who score an affordable apartment, it will be great for the developers, and it will be bad for the 2.3 million other residents of Queens mainly due to the drastic effect of overcrowding at the margins.

Saturday, October 11, 2014

Katz not yet sold on Aqueduct soccer stadium

From the Queens Chronicle:

Aqueduct soccer stadium bandwagon — at least not yet.

At Community Board 10 last Thursday in South Ozone Park, Katz said she “likes the idea” of a Major League Soccer stadium in Queens, but had “deep reservations” about siting it at Aqueduct, which she said is not easily accessible from other parts of the city.

“We have a 90 percent increase in subway ridership right there,” she said. “It takes a long time to get there, and during rush hour it’s worse. There’s infrastructure and access issues.”

Katz’s concerns echo those of many in the community who feel Aqueduct Race Track is not easily accessible by car or public transportation.

“I think it’s good for us, it’ll bring tourism in. I think there’s a response from folks here with a deep interest for that,” Katz said of a stadium in Queens, but noted that even from her own house in Forest Hills, getting to Aqueduct would be rough.

She did not offer any other potential sites. The stadium plan, which would be home to MLS expansion franchise New York City Football Club, was originally proposed for Flushing Meadows Corona Park, before being moved to the Bronx when the New York Yankees took a 20 percent share of the team. NYCFC begins playing at Yankee Stadium next year.

But a Bronx deal was not worked out, and Aqueduct was the next idea to be floated.

Tuesday, October 7, 2014

The end of Queens horse racing?

From the Queens Chronicle:

Several sources have confirmed that demolition of Aqueduct Race Track for a new soccer stadium is not off the table.
It was announced last month that Major League Soccer was looking at Aqueduct as a site for a soccer-specific stadium to host the New York City Football Club, an expansion team that will begin playing next year at Yankee Stadium.

“The discussions leave open the possibility of the racetrack being torn down and the stadium being built on that site,” one high-level source said. “[The New York Racing Association] would make Belmont Racetrack a year-round venue and hold winter racing there.”

The source did say, however, that is not the most likely or desired option, noting that the favored choice is to build the stadium on top of lightly used parking fields owned by the city on the southern end of the Aqueduct site, near the Belt Parkway.

But building a stadium even on the 20 acres of city property currently leased by the Port Authority of New York and New Jersey would require going over some hurdles.

During a Uniform Land Use Review Procedure in 2004 dealing with PANYNJ property leased from the city in Queens, Community Boards 10 and 12 suggested forcing the plots of land at Aqueduct that includes those lots to go through ULURP in the event they are proposed to be used for anything other than parking.

The ULURP would require public hearings and approval from Borough President Melinda Katz, the City Planning Commission and the City Council.

Should something go awry with that option, the track proposal could emerge as a backup plan.

The track itself is on state-owned land, which would require state approval to both demolish the track and build the stadium.

Wednesday, September 17, 2014

Soccer stadium may be built at Aqueduct instead

From Capital New York:

Developers behind a proposal to build the city’s first Major League Soccer arena are looking to develop land near the Aqueduct Racetrack in Queens, after plans to build near Yankee Stadium fell apart, sources told Capital.

Manchester City Football Club owner Sheik Mansour bin Zayed al-Nahyan and the New York Yankees, which are partnering in the joint venture for the New York City Football Club, are now looking at a possible site “adjacent to the aqueduct racetrack in Queens,” a source told Capital.

Sources told Capital the club is now looking to develop the site near the racetrack because there is an abundance of land primed for development.

Thursday, August 21, 2014

NYC may not get a soccer stadium after all

From Capital New York:

One Bronx official who has in the past been looped in on stadium developments told me, when I asked for an update, “It doesn’t seem to have the same fervor as it did a few months ago, the whole stadium deal.”

Back in April, New York City Football Club announced plans to play the next three seasons in Yankee Stadium, where, the Yankees have already made clear, the soccer tenants will be lucky if they can maintain second-tier status. It’s no one’s idea of a long-term solution, with soccer-only stadiums now a baseline requirement for a credible franchise.

The only Major League Soccer team currently playing in the New York market, the Red Bulls, play in their own stadium in Harrison, N.J.

“They won’t play in Yankee Stadium for the rest of the team’s future,” said Seifreid, correctly. “They’ve got to find someplace.“

Asked for comment, Risa Heller, a spokeswoman for NYCFC, said, "We are working closely with the de Blasio administration to find a world-class site for a soccer-specific stadium."

Tuesday, March 25, 2014

Little Bay Park soccer fields need work

Dear Parks Department,

Attached are photos of the Little Bay soccer fields. As you are aware, the CYO uses these fields for soccer programs that benefit the children of the surrounding communities. We have been trying for years to get these fields repaired and or replaced, let alone maintained.

Several years ago the fields were plagued with contaminated soil (placed there by the Parks Department in an attempt to raise the level of the field) which contained dirty diapers, used syringes, as well as other contaminants. Last year, we had to deal with large rocks and pockets of holes all over the fields. Now this! We understand their is money to replace at least one field if not both. In the interim, this is what our community and our children have to deal with. Your assistance in re-mediating this field ASAP would be greatly appreciated. As you are aware soccer season is fast approaching and practices have already been scheduled.

Mind you, this is a soccer field that is scheduled to be used by over 600 community children beginning this week. The wood chips and the tire groves that are over 6 inches deep should not be here.

Thank you,
Alfredo Centola
Malba Gardens Civic Association
Community Activist

Tuesday, January 7, 2014

Taxpayers to bail out failed garages in order to build rent-free soccer stadium

From the Daily News:

The nearly bankrupt Yankee Stadium garage company could receive new taxpayer subsidies of more than $200 million if a financial bailout plan approved last month by the Bloomberg administration goes through, the Daily News has learned.

The Yankees and a billionaire Middle East sheik who is partnering with the team are proposing to pay an estimated $25 million for one of the garages currently owned by Bronx Parking Development Co. LLC — the independent firm that operates the stadium’s garage system. The Yankees partnership is proposing to demolish that garage on W. 153rd St. and build a new $350 million Major League Soccer stadium for its team, New York City FC.

But under the bailout plan approved Dec. 18 by Bronx Parking’s board of directors and the holders of its debt, the reorganized company would pay no rent until 2056 for more than 20 acres of city-owned land where its other stadium garages are located.

That’s right, no rent for the next 42 years!


There's more on the IBO blog. And this will all come down to what Melissa wants to do.

Friday, December 13, 2013

"Let's alienate parkland in the Bronx instead"

From the Daily News:

City officials are scampering to sign a deal by the end of this month for $300 million in tax-free bonds that would allow the Yankees and a royal from the United Arab Emirates to tear down one of the bankrupt Yankee Stadium garages and build a Major League Soccer stadium, two sources close to the talks have told the Daily News.

A draft of the agreement circulating among Economic Development Corp. staff would require Mayor-elect Bill de Blasio to decide within 30 days of his inauguration whether to approve the deal for the new soccer franchise, the New York City Football Club, the sources said.

Under the complex proposal, the new soccer team — a joint venture of the Yankees and Manchester City Football Club, a British team owned by Sheik Mansour Bin Zayed Al Nahyan — would pay virtually no rent for 38 years for the largely city-owned land on which the proposed 28,000-seat soccer venue would sit.

The new franchise would also be permitted to divert the property taxes it would normally owe the city to pay off its bonds, the sources said — a deal similar to the one the Yankees and the Mets got for their new stadiums in 2005. The soccer club would be exempt from sales taxes or mortgage taxes.

The soccer venture would pay an estimated $25 million to bondholders of the bankrupt Bronx Parking Development firm for its E. 153rd St. garage, which sits on city-owned land. In addition, Yankees President Randy Levine is trying to buy out and relocate a nearby elevator equipment company, GAL Manufacturing Corp., which employs more than 350 workers.


Bill DeBlasio is not very enthusiastic about the stadium.