Holders of $238 million of defaulted bonds issued to build garages near Yankee Stadium have agreed to continue negotiations in the hope construction of a soccer stadium at the site can bail them out, according to bond documents.

The stipulation is that the New York City Football Club reach an agreement by Jan. 3 to buy some of the garages, according to a Dec. 18 filing posted on the Municipal Securities Rulemaking Board's Emma website.

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