NYC Council gives Madison Square Garden 10-year eviction notice

7/26/13 in NBA   |   Matthew_Shovlin   |   735 respect

Blog Photo - NYC Council gives Madison Square Garden 10-year eviction noticeNew York City's Madison Square Garden is one of the most iconic indoor arenas in the entire world. As a matter of fact, it is known by many as "The World's Most Famous Arena."

There have been countless historic events held at MSG, including five NBA Finals, and three NHL Finals.

MSG was the venue of the first two Muhammad Ali vs. Joe Frazier fights, two of the most famous matches in the history of boxing.

The Jackson 5 made their first television appearance performing at MSG, and it is the only venue to showcase all four Beatles members during their solo careers.

Even with all that history, this iconic arena will not be around much longer. The New York City Council notified MSG on Thursday that they have ten years to vacate their current location. The city would like to renovate Penn Station, a mass transit hub located beneath MSG, and the venue is seen as an obstacle in the renovation process. The vote to give MSG a ten-year operating permit passed by a vote of 47 to 1.

James Dolan, the owner of both the New York Knicks and New York Rangers, also owns Madison Square Garden itself. He'll now have ten years to find a new location for MSG. The Garden has relocated three times before, with its most recent location opening in 1968.

Unfortunately for Dolan, MSG is just three months away from finishing their $1 billion renovations. It probably wasn't the smartest move to commit a billion dollars to renovations when you are unsure of how long your arena will be open, but it's certainly not the first questionable decision Dolan has ever made.

If you've never made it to Madison Square Garden for a sporting event, concert, or anything else, it may be time to start thinking about getting there. It's a great place to watch a game or a show, and it's loaded with history and iconic events - and a decade from now, it will no longer be there.
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