Raptors Forum | Toronto Raptors Forums & Message Boards - View Single Post - MSG has 10yrs left?
View Single Post
Old 07-25-2013, 12:47 PM   #1 (permalink)
jeffb
is praying Ross makes us forget Drummond so people stop whining

Senior Member
 
jeffb's Avatar
 
Join Date: May 2008
Location: YO MAMMA
Posts: 75,925
Representing:
Knicks MSG has 10yrs left?

Madison Square Garden Has 10 Years To Get Out

Quote:
The demolition of the*gorgeous*old Penn Station in 1963 to make way for the construction of Madison Square Garden remains one of the country's great civic tragedies. Now, New York is finally trying to rectify its mistakes: the city council has given MSG 10 years to vacate the premises.

The Madison Square Garden Company's 50-year permit to operate the arena expired earlier this year, but it has been lobbying hard for a renewal in perpetuity, sending the likes of Walt Frazier, Earl Monroe, and Spike Lee to argue the case for staying. But the city has granted only a 10-year permit, after which the Garden will be knocked down for the redevelopment of Penn Station.

In the labyrinthine process of city politics, few things have ever been so agreed-upon. The local community board voted*36-0. A zoning subcommitte voted*7-0.*The Committee on Land Use voted 18-1. And yesterday the City Council, the last stop to making it official,*voted 47-1 for the eviction heads-up.*Christine Quinn, City Council speaker and mayoral candidate,*said

“This is the first step in finding a new home for Madison Square Garden and building a new Penn Station that is as great as New York and suitable for the 21st century. This is an opportunity to reimagine and redevelop Penn Station as a world-class transportation destination.”

It's horrible timing for James Dolan and MSG, which is months away from completing a nearly $1 billion renovation to bring the cramped, seedy megalith into something resembling the 21st century.
jeffb is online now   Boss Key Wife Key Reply With Quote