New York City hopes to announce plans in four to six weeks for a new stadium in Queens that could use the parking lots at nearby CitiField and with an ownership group that would pay a $100 million expansion fee.
Several hurdles would remain, including New York City’s Uniform Land Use Review Procedure and consideration by the local Community Planning Board. The parkland used for arena would have to be replaced.
Mayor Michael Bloomberg supports the stadium. But his term expires at the end of the year, and none of the candidates to succeed him has backed the project.