MSG would consider move from current location to new Midtown home across the street

Madison Square Garden brass suggested the World’s Most Famous Arena could relocate across Seventh Ave. if a new permit deal can be reached.

MSG Executive Vice President Joel Fisher, in a meeting last Wednesday with Manhattan Community Board 5 about the company’s permit to run the building, said a move to the block now occupied by the Pennsylvania Hotel might work.

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The Garden’s 10-year permit to operate the building expires in July, with officials filing an application for a special permit to run the facility in perpetuity. As for a new Garden east of the current incarnation, the price tag for redeveloping the new space was estimated at a minimum of $8.5 billion.

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Transit advocates, along with City Councilman Erik Bottcher (D-Manhattan) believe the process could offer a chance to relocate the arena while creating room for a new Penn Station on the current Garden site.

https://www.msn.com/en-us/news/us/msg-would-consider-move-from-current-location-to-new-midtown-home-across-the-street/ar-AA17VWAP