New York Post

A Short Renewal for the Garden

-

Monday afternoon, a City Council committee votes on how long to extend Madison Square Garden’s “special permit” to keep operating at its decades-long site above Penn Station; here’s why that extension should be short.

The MTA, NJ Transit and Amtrak this month raised new alarms about dangers of evacuating the Garden and the station in a major emergency: They demand changes that could cost MSG’s owners hundreds of millions. The MTA has threatened to evict MSG “if necessary.”

But the Dolan family, who control the Garden, are fighters: Expect a legal battle for the ages if the MTA goes down that road. Plus, New Yorkers certainly don’t want to just lose Manhattan’s only major concert venue and sports arena: The threat of moving the Knicks out of town won the Dolans a lucrative tax exemption on the Garden.

Nor should the public spend big on building a new MSG, as some “Move the Garden” dreamers seem to assume. Heck, the proposal for the MTA to buy the Hulu Theater under MSG to build to a useless new Penn “grand entrance” would be a stupider use of taxpayer funds than even the white-elephant “Oculus” downtown.

All this, as the multibilli­on-dollar deal Gov. Hochul inherited from Andrew Cuomo to remake the whole Penn area is totally dead. That (and the temporary-we-hope woes of the city’s commercial-real-estate market) has left developers sitting on prime real estate in the area with no good use for it.

One more wild card: Mayor Adams is finally pushing to rezone the Garment District, whose woefully underused “manufactur­ing” areas could be prime residentia­l ones.

With so many issues confrontin­g the huge swath from Chelsea through Penn and into Herald Square, it’s the wrong time for an extension even as long as 10 years. A three- or four-year one, stipulatin­g that the Dolans at least settle the evacuation issue, seems wisest.

This is also an opportunit­y for Adams or Hochul to show leadership with some grand bargain that satisfies all the stakeholde­rs — perhaps the (just-updated) vision from the Grand Penn Community Alliance, which sees a more-lucrative new MSG like the Dolans’ Vegas Sphere between Herald Square and a much-improved Penn.

Everyone will likely have to settle for far less, but a short permit renewal that leaves all options open is the best hope to move beyond the bickering.

Newspapers in English

Newspapers from United States