Owner George Steinbrenner of the New York...
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Owner George Steinbrenner of the New York Yankees has told New York Mayor Edward I. Koch that he wants some of the same incentives that the city gave Chase Manhattan to keep the big bank from moving out of the city.
John C. Ertmann, vice president and legal counsel for the Yankees, said in a letter to Deputy Mayor Robert Esnard that Chase was given extra street lighting and reduced energy costs and that the Yankees need the same perks “in time for the opening of the 1989 baseball season.”
Koch said at a news conference that such lighting improvements and power discounts were part of an aborted agreement reached with Steinbrenner in 1987, under which the Yankees would have agreed to stay in the Bronx until the year 2032.
“We were willing to do that with him,” Koch said. “He’s a private sector guy who wants to get all he could get. . . . He reneged.”
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