News wire article from our research archive:

New $1 Billion Yankee Stadium on Deck

NEW YORK - No tears were shed Wednesday for the historic stadium where Babe Ruth, Mickey Mantle and Joe DiMaggio played out their storied careers.

Politicians and baseball officials who gathered to break ground on a new Yankee Stadium shared memories of the old ballpark but said the new one would be even better.

"Yankee Stadium is an iconic stadium, a place where Ruth and (Lou) Gehrig played, where popes and presidents have spoken," Gov. George Pataki said. "But so, too, will the new Yankee Stadium be an iconic stadium."

Pataki joined team owner George Steinbrenner, Mayor Michael Bloomberg and others for the groundbreaking ceremony at the site of the new stadium, just north of the ...

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