City comptroller claims US Tennis Association owes over 300K in rent

Andrew Weber
August 23, 2019 - 10:39 am
U.S. Open at Arthur Ashe Stadium

Photo by Al Bello/Getty Images

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NEW YORK (1010 WINS) — New York City Comptroller Scott Stringer issued an audit Thursday which claimed the U.S. Tennis Association owes the city over $300,000 in rent.

The report held that the organization failed to report $31 million in revenue from sporting events between 2014 and 2017.

The lease for the tournament site says the USTA owes the city $400,000 a year plus one percent of net gross revenues over $20 million, according to Stringer.

Stringer released his audit as the U.S. Open was conducting qualifying rounds for the event that begins Monday at the Billie Jean King National Tennis Center in Queens.

The audit found the USTA owed at least $311,202 in rent, and that the continuing audit could find the organization owes an additional $82,310 on top of that.

“Any corporate entity leasing land from the City must pay its fair share of rent — no ifs, ands, or buts about it,” said Stringer in a statement. “An organization as revenue-rich as the USTA should not be nickel-and-diming the City. This arrangement should be a win-win, not just ‘advantage’ USTA.”

The USTA fought back against Stringer’s allegations, saying in a statement, “Over the course of the four-year audit period, USTA paid more than $12 million in rent and provided over $3 billion in direct economic impact to the City of New York.”

The USTA claimed it had been a good tenant and that it spent money towards maintenance of the park surrounding the tennis center and put its own money into the center.

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