MSG Unveils Reno Plan
March 3rd, 2008, 3:11 pm
Following up on last week’s pull-out statement, the Dolans released their plans for a $500 million renovation of Madison Square Garden at a press conference today. The plans include a 25-foot skylight at the Garden’s main entrance, larger luxury suites and more bathrooms, bars and restaurants. Sounds flashy! The Observer reports that the ”distinct golden-brown exterior” of the arena will remain. Thoughts?
Hank Ratner, vice chairman of the Garden and Cablevision Systems Corp, asked if there was any alternative plan the state or city could offer him to move, told reporters, “No, there is not. We are committed.” Later he added, “We will renovate the arena and we will not be moving.”Garden executives are claiming that the renovation will not require City Council approval as many had speculated. The MAS will continue to advocate for the Garden and other players to return to the negotiating table. Listen to MAS president Kent Barwick discuss the possibility of using state powers to take MSG on WNYC’s Morning Edition Read “MSG Lifts Curtain on New Plan for Garden,” from Crain’s Read “Garden Unveils Renovation Plan; Moynihan Station Dream Flatlines,” from the New York Observer