The article literally says, 5 billion dollars for the cost to acquire land, not build an arena

How are you definitively arriving that 5 billions dollars is not what it would cost to acquire new land for an arena in the area ?

What does the cost to built an arena in a Canadian city have to do with land value in prime Manhattan ?

The article also says that not one single other arena in the city has been requires to obtain an operating permit (side note)

No pride in how expensive and corrupt the city is, but don't see why we need to let useless comparisons drag on

It sucks that land labor licensing air rights building costs construction are so expensive, but your comparison to an arena in Edmonton is pointless

I still dont understand what that 500 million has to do with the 5 billion dollar cost of land