Madison Square Garden
Madison Square Garden is an indoor sport and entertainment arena at 8th Avenue between 31st and 33rd streets in Midtown Manhattan. With a seating capacity near 20,000 for most events, it is home to the New York Knicks of the National Basketball Association and the New York Rangers of the National Hockey League. It opened on February 11, 1968, but previously there were two other arenas called Madison Square Garden, the first from 1879-1890 and the second from 1925 to 1968, both located at the intersection of 5th Avenue and 23rd Street.
The current structure is built on top of Pennsylvania Station.
Madison Square Garden is currently on a 10-year permit to stay in that spot, one the owners had hoped would have been extended to perpetuity in 2013. The City Planning Commission called for a 15-year permit, but City Council Speaker Christine Quinn and a group of activists were able to reduce the timeframe to 10 years.
Madison Square Garden has had a property tax exemption since 1982, one that now saves MSG tens of millions of dollars each year. The owners originally won that exemption from City Council by threatening to move the teams to New Jersey in the face of rising operational costs, but it is now the subject of much debate and whether or not MSG will be able keep that exemption in the future is unclear.
4 Penn Plaza
Vornado Realty Trust
VORNADO NEW YORK ONE
block and lot 1-00781-0001
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...New York Knicks and executive chairman of The
Madison Square Garden Company.
3. Beth Stern is an actress, model, and the wife of Howard...
...the current Penn Station is today squeezed under
Madison Square Garden, I felt the need to make it so that I could have some sort...
...include glossy magazines and sponsoring courtside seats at
Madison Square Garden, have coincided with a slowdown in the luxury market in New York City.
...Williamsburg’s waterfront, to a thrill ride atop
Madison Square Garden.
Here's a look at the hottest renderings of 2016.
A rendering of All Year Management's...
...a $14 billion redevelopment that would have also transplanted
Madison Square Garden across the street and replaced it with two skyscrapers, one taller than the Empire...
...away with the 618-room Manhattan NYC hotel near
Madison Square Garden and the 252-key Dumont NYC in Kips Bay, according to a press release issued...
...tenants to the post office. At different times,
Madison Square Garden, a community college, CBS and most recently, General Electric were potential suitors — all of...
...to Penn Station’s problems would require relocating
Madison Square Garden. It also urged the construction of a new rail tunnel underneath the Hudson River...
...Penn Station and reiterated their long-held belief that
Madison Square Garden should be relocated to do so.
“In order to provide capacity for future growth...
...of Penn Station, one of which included removing
Madison Square Garden’s Paramount Theater to create a grand entrance at Eighth Avenue. Another option called...
...just 10 years old, Jason Silverstein would go to
Madison Square Garden and get schooled in the art of haggling 101. His dad, who owned car dealerships...
...New York Fashion Week and West's show at
Madison Square Garden next month, Page Six reported. Airbnb provided the five-bedroom penthouse to Kardashian and West...
...including glossy magazines and a sponsorship deal with
Madison Square Garden — associated with its expansion into new markets, Lorber told The Real Deal earlier this...
...Kennedy Airport in 2013. Turner helped build the original
Madison Square Garden and later led the facility's renovation. A spokesman for Lend Lease declined to comment...
...Capital Partners hopes to build on top of
Madison Square Garden or the James A. Farley Building. The firm has proposed building a 1,200-foot-high ride...
...York. The probe involves Cuomo's former aide turned
Madison Square Garden executive, Joseph Percoco, who reported receiving $125,000 in 2014 from two companies with business before the...
...office building, as well as Penn Station and
Madison Square Garden. The hope, it seems, is that those passing through will have a similar reaction...
...s Hotel Pennsylvania, at 401 Seventh Avenue adjacent to
Madison Square Garden, has continued to underperform -- with the REIT viewing the property as a “parking...
...paid to Gov. Andrew Cuomo's former aide turned
Madison Square Garden executive led to special treatment for a developer and civil engineering firm.
...five design options, including one that would demolish
Madison Square Garden...
...Penn Station (Flickr / GovernorAndrewCuomo) (inset: Mitchell Moss)
Madison Square Garden a few blocks away to make for the redeveloped, above-ground Penn Station may seem...
...of Penn Station, one of which includes removing
Madison Square Garden’s Paramount Theater to create an entrance at Eighth Avenue. Across the street, Moynihan...
...four different designs, one of which included moving
Madison Square Garden into the post office. Sources who have followed the project’s history closely told...
From the February issue: A “lavish” new
Madison Square Garden replaced its “grimy” predecessor in the form of a $150 million complex atop Pennsylvania Station...
...leased to McGraw-Hill and the Dolan family’s
Madison Square Garden Company. Roth said the plan is to "re-skin" the building, replacing the punched windows...
...or materials to Nastasi on several projects, including
Madison Square Garden, Trump Tower, 200 Park Avenue and 10 Columbus Circle, according to court documents.
Federated Fire, which...
...percent in June.
The Dolan family’s
Madison Square Garden Company renewed a pair of leases in two Vornado Realty Trust buildings in the...