Yankee Stadium is a baseball stadium in New York City that is the home of the New York Yankees, a Major League Baseball team. Located at East 161st Street and River Avenue in The Bronx, it has hosted Yankees home games since 1923 and has a capacity of 57,545. It was formerly the home of the New York Giants football team, and once hosted dozens of boxing's most famous fights.
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New Yankee Stadium is the new ballpark for the New York Yankees, currently under construction. The new ballpark will retain the Yankee Stadium moniker held by the current stadium. It is being built on the current site of Macombs Dam Park in the New York City borough of the Bronx, across the street from the current Yankee Stadium, which it will replace. The existing stadium opened in 1923. Groundbreaking ceremonies for the stadium took place on August 16, 2006, the 58th anniversary of Babe Ruth's death, with team owner George Steinbrenner, then-Governor of New York George Pataki, and Mayor of New York City Michael Bloomberg among the notables donning Yankees hard hats and digging up some dirt to mark the occasion. The new facility has a planned 2009 opening, coinciding with the opening of Citi Field, future home of the New York Mets. At a total cost of 1.3 billion dollars, it is the most expensive stadium ever built in the United States.
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