NEW YORK CITY-City Council Speaker and leading mayoral candidate Christine Quinn Wednesday sent a letter to Madison Square Garden Co. president and CEO Hank Ratner supporting the idea of a fixed-term 10-year special permit for the venue to continue operations in its current space.
The decade-long agreement would allow the facility to buy time while stakeholders create and execute a plan for the future of Penn Station, MSG and the surrounding area. To reach that goal, in her letter Quinn calls for the formation of a commission for a 21st century Penn Station that would be charged with two tasks: finding a new home, within Manhattan, for a state-of-the-art Madison Square Garden; and creating a Penn Station that better suits the needs of the hundreds of thousands of current and future travelers who pass through it every day.
She notes in the letter that she understand it will be a logistical and financial hardship to move the Garden but “the Garden has moved in the past and can do so again.”
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
