An ambitious proposal for a hotel and conference center adjacent to the new Yankee Stadium would require demolition of an underused parking garage that helps back a troubled parking revenue bond deal.

A full-service hotel is a long-held dream of borough-boosters. In the proposal, it would replace a four-level parking garage — documents call it “Garage 8” — on city-owned land at East 153rd St. and River Avenue, a few blocks south of the stadium.

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