Tag

Permit Extension

All articles tagged with #permit extension

business2 years ago•3 min saved

"NYC Council Grants MSG Short-Term Extension Amid Penn Station Impasse"

The New York City Council's Zoning Committee has approved a five-year extension on Madison Square Garden's permit, the shortest ever granted to the iconic arena. The move is intended to pressure owner James Dolan into cooperating with the rebuilding of Penn Station below it. Dolan's family, who owns MSG, has argued for an operating permit that never expires. The proposal will now go to the full City Council for a vote in September, with Mayor Adams having the final say. Activists and officials hope the extension will lead to a lasting solution for Penn Station.

via New York Post |

#business #city-council #james-dolan

urban-development2 years ago•2 min saved

NYC Proposes 10-Year Permit Extension for MSG, Requires Collaboration on Penn Station Upgrade

New York City officials have proposed a 10-year extension for Madison Square Garden's operating permit, allowing it to remain atop Penn Station. The proposal includes requirements for aesthetic upgrades to the surrounding area and collaboration with the MTA on the planned $7 billion overhaul of the transit hub. The Garden's owner, James Dolan, would need to work with the MTA once plans for Penn Station's reconstruction are 30% complete. The proposal also calls for improvements to streets, public spaces, and signage around the arena. The extension would not affect the venue's property tax exemptions. The proposal will be voted on by the Department of City Planning, followed by the City Council's decision.

via Gothamist|

#city-planning #infrastructure-upgrade #madison-square-garden