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Hatchet Job: NYT cherry-picks facts in report that NYCFC stadium could cost city $516 million

Related Topics: New York City Football Club

Those of us who read the New York Times are usually delighted when we find a mention of New York City FC in those storied pages. Earlier this morning, the Times published an article titled “Will New York City’s Soccer Stadium Cost Taxpayers $0 or $516 Million?” While Newspaper of Record can’t always be bothered to cover a deep run in the playoffs, it will sniff out a story if it involves politics, real estate, and a headline that can include a fat, juicy dollar amount.

The article looked at a report issued by the Independent Budget Office stating that the city will lose $1.