"We are staying home in the Bronx," Yankees team president Randy Levine said at a press conference. The new $800 million stadium would have about 50,800 permanent seats. It could be expanded by 3,000, and is to be built just north of the current site, which holds 57,545 fans, in Macombs Dam and Mullaly parks. "The Yankees, not the taxpayers, will pay to construct this project," Levine said. "The Yankees, not the taxpayers, will pay to maintain it." It is envisioned as the centerpiece of a redevelopment plan in the south Bronx neighborhood where the team has played since 1923. The city and state will commit more than $200 million to the project, with the city preparing to spend up to $130 million, sources said yesterday, mostly for adjacent parkland and retail development that would create a setting similar to Oriole Park at Camden Yards in Baltimore. "The Yankees are known across the world," New York City Mayor Michael Bloomberg said. "They are America."