Ten-year limit for Madison Square Garden approved
The New York City Council voted to limit Madison Square Garden’s permit to operate at its current spot above Penn Station to 10 years.
The Council voted 47-1 in favor of the 10-year limit yesterday.
The Garden had requested to operate at the site in perpetuity. The city planning commission recommended a 15-year extension.
Civic organizations are campaigning to move Madison Square Garden to another location so the station can be overhauled.
Kim Kerns, a spokeswoman for the Garden, said the arena is in the midst of a three-year renovation costing nearly $1 billion. She says Madison Square Garden has operated at its current site “for generations.”
Council President Christine Quinn last month told Garden officials finding a new location for the arena is the only way to address the development of a new Penn Station.