Possible "New Buffalo Bills Stadium" variables with NYS to help secure investments

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  • Skooby
    Skoobasaurus-Rex
    • Oct 2011
    • 22284

    Possible "New Buffalo Bills Stadium" variables with NYS to help secure investments

    I'll give a breakdown of possible New York State (NYS) related funding variances to increase the likelihood of investment in a new stadium for the Buffalo Bills:

    1.) NYS to guarantee a certain amount of luxury boxes sales over a multi-year period.

    2.) NYS Ground & Building Tax breaks that afford the team a "no tax" type zone around a certain "zone" around the new stadium to assure growth & expansion.

    3.) Local businesses' NYS Corporate tax deductions for "investment zones" in Buffalo Bills related advertising & other related opportunities that involve improvement of local facilities & verticals development of surrounding grounds.

    4.) NYS dedicating monies towards infrastructure improvements including roads, bridges, dockage, parking, rail-service (think Amtrak) destination improvement. It will include NYS lease guarantees & maintaining such future infrastructures accordingly.

    5.) NYS to allow "travel cost free" zones on official game day on all port authority related highways.

    6.) NYS to issue "Free" parking passes to all Buffalo Bills season ticket holders in designated parking zones, designating specific lots for use in the stadium area.

    7.) NYS allowing Buffalo Bills season ticket holders / customers to deduct all season tickets purchases as well as straight-line deductions on their NY income taxes, including but not limited to receipt related purchases "in the new Stadium" & including all merchandise / beverages / food related to the Buffalo Bills "experience".
  • stuckincincy
    Buffalo Bills Fan
    • Sep 2003
    • 15084

    #2
    Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

    Yeesh - suffer the poor taxpayer...
    Fiat justitia ruat caelum. Noli timere. Laus Deo.

    Comment

    • BertSquirtgum
      Legendary Zoner
      • May 2009
      • 13379

      #3
      Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

      That sounds like the regular old tax payer is getting the screw job. This would never work. There are many more people that don't care about football than do.

      Comment

      • trapezeus
        Legendary Zoner
        • Oct 2004
        • 19525

        #4
        Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

        These sound fair standard. And the taxpayers get relief on attending games and owner wants growth around stadium helps growth. It's part of any plan for development of a lesser desirable area. Personally this sounds like good news.

        Comment

        • WagonCircler
          Escaped Convict
          • Jul 2002
          • 5876

          #5
          Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

          Originally posted by trapezeus View Post
          These sound fair standard. And the taxpayers get relief on attending games and owner wants growth around stadium helps growth. It's part of any plan for development of a lesser desirable area. Personally this sounds like good news.
          People also forget, the team leases the stadium. It's a revenue PRODUCER, unlike 99% of what government wastes money on.

          I did the math last year (too lazy/busy/tired right now) and the current stadium paid for itself 10x over. It's the NY State Thruway of public projects.

          Comment

          • MitchMurrayDowntown
            Skoobasaurus-Rex
            • Oct 2011
            • 22284

            #6
            Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

            Originally posted by HurkeyNuts View Post
            That sounds like the regular old tax payer is getting the screw job. This would never work. There are many more people that don't care about football than do.
            Clueless.

            Comment

            • BertSquirtgum
              Legendary Zoner
              • May 2009
              • 13379

              #7
              Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

              Originally posted by MitchMurrayDowntown View Post
              Clueless.
              Says the guy who makes a thread about mirroring what the Broncos did. ahahahaha. Keep pulling threads out of your ass from your dream world. None of which is ever possible.

              Comment

              • Albany,n.y.
                Registered User
                • Jul 2002
                • 5599

                #8
                Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

                5 & 7 make no sense.
                5-The port authority is for the NYC metro/NJ area and has nothing to do with Western NY http://www.panynj.gov/
                7-You can't give a tax break for attending games in one part of NY state. It would never fly, especially when politicians from 400 miles away voting from 280 miles away from where the stadium is. Imagine if they had built Met Life stadium in NYC to get the NJ football teams back & the people in Buffalo heard Giants & Jets season ticket holders were writing off their season tickets on their NYS taxes.

                Comment

                • MitchMurrayDowntown
                  Skoobasaurus-Rex
                  • Oct 2011
                  • 22284

                  #9
                  Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

                  Originally posted by HurkeyNuts View Post
                  Says the guy who makes a thread about mirroring what the Broncos did. ahahahaha. Keep pulling threads out of your ass from your dream world. None of which is ever possible.
                  This doesn't apply to someone like you on Public Assistance.

                  Comment

                  • MitchMurrayDowntown
                    Skoobasaurus-Rex
                    • Oct 2011
                    • 22284

                    #10
                    Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

                    Originally posted by Albany,n.y. View Post
                    5 & 7 make no sense.
                    5-The port authority is for the NYC metro/NJ area and has nothing to do with Western NY http://www.panynj.gov/
                    7-You can't give a tax break for attending games in one part of NY state. It would never fly, especially when politicians from 400 miles away voting from 280 miles away from where the stadium is. Imagine if they had built Met Life stadium in NYC to get the NJ football teams back & the people in Buffalo heard Giants & Jets season ticket holders were writing off their season tickets on their NYS taxes.
                    Like actually being the only team in NY? Yeah imagine.
                    Last edited by Skooby; 04-03-2014, 09:33 PM.

                    Comment

                    • trapezeus
                      Legendary Zoner
                      • Oct 2004
                      • 19525

                      #11
                      Re: Possible "New Buffalo Bills Stadium" variables with NYS to help secure investment

                      if the bills are looking at moving back to downtown buffalo, they are going to want to know the area around them gets built up. and the more it does, the more value it will be in their negotiations on the rights to the stadium.

                      in NYC, there are taxabatements to developers building condo's in areas that weren't always considered hip. as it grows, the people who move in have significantly lower RE taxes to spur the growth. this should be used in buffalo. Part of what downtown needs to keep doing as it has momentum is get small businesses down there to capitalize on some of the bigger projects going up and make it more sustainable.

                      Comment

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