Quote:
Originally Posted by 270person
I'd question that as well. Katz and the city covered the initial costs with Katz renting the building from the city. Most of the remainder will come from ticket taxes.
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Katz didn't cover anything
he owned the land, which the city bought from him, for around 30 million
that's what he put up
the rest is all backloaded, thru rent, ect...
it's all on the city website
as for the Olympics, we shouldn't even be participating at all
they're a corrupt organization
they should be paying for the games, let the Olympic Organizing committee take the risk, with their corporate partners
there's a reason why no one is bidding anymore on these events
cause it's been studied many times, THEY DON'T MAKE ECONOMIC SENSE