Article says tax break. Plus if it can be spun that the revenue from the garage is paying for it...Originally posted by brookdale-soda:
Wouldn't it be cheaper to put the planned parking garage somewhere else and put the facility on the ground?
Now that would be very nice, love it.Originally posted by RUfinal4:
it may be some kind of variation of this.
That's not bad.Originally posted by RUfinal4:
it may be some kind of variation of this.
It is actually ironic that Lesniak says that. Because he initially indicated that a practice facility could be done on the cheap, and he bristled when Rutgers suggested that doing it right would cost much more than his low-ball estimate.Originally posted by RUMcMahon:
Love it! and as Lesniak said " don't do it on the cheap"
Call me crazy I can't see an underground lot. That would cause the costs to go up substantially. I'd be willing to bet besides the tax breaks another reason for this is to be able to pass some off the costs into whatever budget the parking deck would come from (e.g. business school) since the foundation would be down, etc. This would make the cost of the facility that much on an already tight athletic budget.Originally posted by ruman:
An underground lot. Another concept that works.
This is SO MUCH BETTER than putting a basketball practice facility on Busch.Originally posted by RU-ROCS:
I posted a month or so ago in a thread by Bac that I had heard from some pretty connected insiders that Julie's idea of putting a practice facility in the Athlete's glen near the football stadium had been scuttled, in part because it did not garner adequate support form donors. This new "leak" seems to confirm that things are moving back to where Pernetti had them - i.e., doing renovations and building adjacent to the RAC. However and where ever it gets done, I don't care. We just need it to get done!
We should wait to hear the price before saying that right? $30 million isn't exactly peanuts, and I'm still struggling to see how we'd get something "many times" that which is what Barchi said.Originally posted by Upstream:
It is actually ironic that Lesniak says that. Because he initially indicated that a practice facility could be done on the cheap, and he bristled when Rutgers suggested that doing it right would cost much more than his low-ball estimate.Originally posted by RUMcMahon:
Love it! and as Lesniak said " don't do it on the cheap"
Barchi's comment was about the cost of improving the facilities for all of the Oympic sports, not just for basketball.Originally posted by RBS05:
We should wait to hear the price before saying that right? $30 million isn't exactly peanuts, and I'm still struggling to see how we'd get something "many times" that which is what Barchi said.Originally posted by Upstream:
It is actually ironic that Lesniak says that. Because he initially indicated that a practice facility could be done on the cheap, and he bristled when Rutgers suggested that doing it right would cost much more than his low-ball estimate.Originally posted by RUMcMahon:
Love it! and as Lesniak said " don't do it on the cheap"
Based on the master plan concept pictures for Livingston that someone posted earlier, I suspect you are correct. I also cannot see RU putting in an underground parking facility because the cost of doing so is usually several times more than putting a deck above ground.Originally posted by Scarlet Pride:
I know the article says "on top of" a parking garage but I suspect that language is the result of a misinterpretation (or so I hope). It probably "includes" a parking garage. I could envision a practice facility would be at the front end of the development with an attached parking garage on the back end. A 500 car parking garage would probably be 4 floors would be quite tall with facilities on top.
It will be designated as Premium RAC parking. And Lesniak's law firm will be wedged right in the middle of all contracts for the new facility and he will steer financing to his cronies in the banking industry. The guy makes me want to throw up in my mouth.Originally posted by RU82:
Why do I keep thinking it's now going to cost $75/game to park at the RAC?
Yeah, let's attack the only person pushing for anything. His cronies can have whatever they want for all I care. Just do something.Originally posted by Knightmoves:
It will be designated as Premium RAC parking. And Lesniak's law firm will be wedged right in the middle of all contracts for the new facility and he will steer financing to his cronies in the banking industry. The guy makes me want to throw up in my mouth.Originally posted by RU82:
Why do I keep thinking it's now going to cost $75/game to park at the RAC?
From what I hear, they are hiring Sweeney to give speeches upwind from the lot on game days.Originally posted by OntheBanks:
Wouldn't there be a problem with exhaust fumes from the cars in the lot?
I'm not liking this idea.
Exhaust fumes? Don't think so. They were able to build apartments on top of the new deck on Easton and somerset without that being an issue so I think they'd figure it out.Originally posted by OntheBanks:
Wouldn't there be a problem with exhaust fumes from the cars in the lot?
I'm not liking this idea.
Nice. As long as a historically Corrupt NJ Politician gives indications that he may support RU Athletics under certain self serving terms and conditions then we should all jump on board with our support for long time Politician sleaze Ray Lesniak.Originally posted by ruman:
Unless Rutgers suddenly became Texas, or one of our great fans was ready to cut a $50 mil check, the best thing that happened was getting Lesniak involved. He may be a corrupt politician, but he's our corrupt politician. These are the kind of people that get sh@t done.
Posted from Rivals Mobile
Originally posted by Exit117:
It's great news and I think Senator Lesniak should get his name attached to this project somewhere. It was his outburst and support for the project going forward that pushed this after Julie went public and said it might be years before anything gets done.Maybe Julie is smarter than many think, and she planned this with Sen. Lesniak, hoping there would be a public outcry to get something done. I also love the fact that legislation that was introduced by the A-Hole Senator Sweeney to get money for Rowan, is now being used by Rutgers to help fund this project. He must be steamed this is working out for Rutgers,LOL.