New York (AP) — New York City’s mayor is warning the city that if it does not build a new stadium by 2022, it could be at risk of being priced out of the 2020 Olympics.
In a statement Friday, New York Mayor Bill de Blasio said the city could lose its 2020 bid if it doesn’t do something about the crumbling Coliseum complex.
The city is currently running a bid on the stadium from private investors and will be able submit bids to the International Olympic Committee for 2019 and 2020. “
We have a huge, critical and critical infrastructure in the city and we cannot afford to leave the city to rebuild.”
The city is currently running a bid on the stadium from private investors and will be able submit bids to the International Olympic Committee for 2019 and 2020.
That means the city will need to have a new facility built by then.
De Blasio also said he’s not sure if the city can keep the city from bidding on the 2024 Olympics if the Coliseum complex is demolished.
DeBlasio said the stadium could be built by 2019, 2020 or 2021 if the IOC approves.
That would mean the city would be competing for a 2024 Games bid, and the city’s bid could be considered the most cost-effective option.
“I know that a lot of people have concerns about how we will be competing with other cities and if we will still be able get a 2024 bid,” he said.
“I know some of the people are very concerned about the amount of time it will take to build a stadium, but we have a responsibility to ensure that we do not lose our bid.
I don’t know if we can do that.”
De Blasio said he believes the city has a “very good plan” for the new stadium, and that the city hopes to begin construction in 2020.
The city also will be hosting the 2024 Winter Olympics in Pyeongchang, South Korea.
The Games were to begin in 2022, but were delayed until 2019, when the country’s bid was approved.
De Blasio said he hopes to make a decision on the Pyeongsang Winter Olympics “very soon.”
He said he is still in contact with the city about the stadium.
Deblasio also said the Olympics could be the most costly endeavor the city of New York has ever undertaken.
He said if the Olympic bid is not successful, the city “will not be eligible for the 2024 Games, so we have to do something to try to ensure the city does not lose a chance to host them.”
He said he plans to talk with the mayor of Los Angeles and Mayor Eric Garcetti about the 2024 bid and the possibility of having them make recommendations.
The Associated Press contributed to this report.