Holders of almost $240 million of municipal debt issued to finance parking garages at the new Yankee Stadium and the operator of the facility agreed to prevent an immediate bankruptcy filing, Bloomberg News reported yesterday. Owners of a majority of the debt said that they would not sue Bronx Parking Development Corp. to enforce their claims on revenue or seek an acceleration of payments, according to a securities filing yesterday. The garages and lots, which have about 9,300 spaces, have suffered as more fans have been taking public transportation to Major League Baseball games and drivers balk at paying $35 to park. The facilities averaged about 4,000 cars on event days and had an occupancy rate of 43 percent, according to filings. The New York Yankees have exclusive use of 600 spaces. In March, Bronx Parking disclosed that it was hiring Willkie Farr & Gallagher as bankruptcy counsel.
