(Save the date: RealShare New York comes to the Grand Hyatt, New York, NY, October 9.)

NEW YORK CITY-Flushing Meadows – once home to the “Tent of Tomorrow” could be the new site of a state-of-the-art soccer stadium – today. A source close to the negotiations tells GlobeSt.com that Major League Soccer is in talks with the state and the city to construct a $300 million, 25,000-seat stadium within Flushing Meadows-Corona Park. If approved, it would become the second national soccer stadium located in the Tri-State Area.

The announcement, first reported by the New York Post, said the proposed facility could be constructed as early as next year next to Citi Field and Arthur Ashe Tennis Stadium. An industry source says the new soccer stadium would become the home for the 20^th team in the league, which would rival the New York Red Bulls that currently play in Harrison, NJ.