If the bond issues do not pass, it is still possible to request for private donations to build the stadium. With the help of local and national businesses, raising the additional $375 million would not be impossible, although it may take longer than those who believe the stadium is required for the Olympic bid may support. However, even if the Olympic committee decides that New York is not the place for the 2012 Olympic games, the private funding could still be used for the stadium, and could still result in an increase in jobs and tax revenue for the state.
Whether or not the stadium is ever built, there can be no doubt that the fight over the issue will continue. While those against the project see it as a waste of taxpayer money, those for the project see it as a minimum public investment to gain a maximum private-sector response. With careful planning and proper management of the project, both sides of the issue can hopefully resolve their differences, and transform the area known as "Hell's Kitchen" into a modern, first-class area of business.
Bibliography
Berkowitz, Harry. "Jet Stadium Feud Plays Out in Public." Newsday, 17 December 2004, sec. IV, p. D3.
Horowitz, Craig. "Stadium of Dreams." New York Magazine, 21 June 2004, cover story, p. 28.
Jones, Charisse....
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