Madison Square Garden may get a new lease on life from the Bloomberg administration – a permanent one.
The City Planning Commission will on Wednesday consider a proposal from commissioner Amanda Burden that could effectively turn a 15-year extension of MSG’s lease into one with no expiration date, Capital New York reported. The proposal contains a loophole that allows MSG to remain atop Penn Station in perpetuity, if it comes to an agreement with the three railroads beneath it to make infrastructure improvements. [more]












