Yankee Stadium II is a new professional baseball Ballpark for the New York Yankees that opened in 2009 to replace the Old Yankee Stadium. Yankee President Randy Levine has stated that the naming rights may be sold and the park named "Yankee Stadium at (company name) Plaza". This stadium is informally called Yankee Stadium III (The renovated stadium is considered Yankee Stadium II). It is being built on the current site of Macombs Dam Park in the New York City borough of the Bronx, across the street from the current Yankee Stadium, which it will replace. The existing stadium opened in 1923, making it the third oldest Major League Baseball stadium currently in use behind Fenway Park and Wrigley Field respectively.