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SOME SMELL A RAT IN YANKEES STADIUM STUDY
Published April 29, 1996
The $600,000 study that recommends building a new stadium in Manhattan is "filled with inaccuracies," according to a N.Y. POST probe. Robert Hardt writes the report's flaws include: a lowball construction estimate; the omission of site acquisition costs; a "suspiciously high" estimate on renovating Yankee Stadium; a failure to address traffic problems; and potential conflict of interest considering the report was written by a firm (HOK) that specializes in building new arenas. Smith College Economics Professor Andrew Zimbalist: "You cannot hire a firm with a tremendous fiscal stake in this matter and expect them to come up with a report that is impartial" (N.Y. POST, 4/29).