Building a New Pennsylvania Station for the 21st Century

The decision to demolish Penn Station nearly 50 years ago haunts New York City today as we grapple with the need to expand our rail transit capacity in the 21st century. The current version of Penn Station, pinned beneath Madison Square Garden, is not merely an unsightly and unwelcoming entrance to our City, it is an overburdened facility that is incapable of being expanded with Madison Square Garden at its current location. That is why … <Read More>

Fourth RPA Report to Focus on Climate Change and Transportation Technology

sm logoRegional Plan Association event featured a variety of discussions on how the New York metropolitan region might face climate change, tackle transportation advancements. The Regional Plan Association, a non-profit urban research and advocacy organization, focuses on planning for economic competitiveness, quality of life, and long-term sustainability in the region that includes New York City, Long Island, Westchester and Orange counties, western Connecticut and northern New Jersey. On April 19, 2013, the Association held its … <Read More>

Council seeks to end MSG’s tax break

Resolution asks Albany to end Madison Square Garden’s property tax exemption. On January 30, 2008, the City Council passed a resolution calling upon the State legislature to revoke Section 429 of the State’s Real Property Law, which allows Madison Square Garden to receive a full property tax exemption.

The exemption dates back to 1982 and allows the Mayor to negotiate with the Garden to ensure the Knicks and Rangers continue to use the facility because … <Read More>