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| Re: Madison Square Garden (1333915) | |||
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Re: Madison Square Garden |
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Posted by pragmatist on Fri Jan 16 12:32:53 2015, in response to Re: Madison Square Garden, posted by TERRApin Station on Fri Jan 16 12:14:00 2015. When the original deals were made, this was private property. I know Amtrak owns the station, I don't know the status of the rest of the block, or the air rights above. If you couldn't reach a deal, and used eminent domain proceedings, the settlement would likely be gigantic. In todays economic climate it will be difficult (not impossible) to get this done. The Garden will move when an economically satisfactory arrangement is made, not because we don't like the marginal at best station underneath it. |
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