In the Bronx, the Yankees threatened to move the team out of New York if the city didn’t provide two thousand extra parking spots along with the team’s new, smaller stadium, which sits at the intersection of three busy train lines. The city acquiesced, issuing $237 million in tax-exempt bonds to expand the parking system, paving over the neighborhood’s last regulation baseball diamonds to do so. By 2020, the garage was so underused that the concessionaire was bankrupt and owed the city more than $133 million.
