Mayor Adams willing to talk moving world’s most famous arena

Mayor Eric Adams opened the door Wednesday to talks with Madison Sq. Backyard proprietor James Dolan about shifting “the world’s most well-known area” amidst the state’s ongoing Penn Station Redevelopment talks. 

“I’m open. The Penn Station undertaking is an important one. I feel that space is ripe for housing, is ripe for actual funding,” Hizzoner stated throughout a Crain’s New York ‘Energy Breakfast’ hosted on the New York Athletic Membership. 

“And if that matches into Madison Sq. Backyard shifting into one other location – perhaps we’ll assist the Knicks win,” he joked.

“So we needs to be keen to talk with Mr. Dolan and see the way it suits into the general scheme of that space.” 

Adams stated the Pennsylvania Plaza house surrounding MSG might be an ideal place for brand spanking new housing inventory – of which the town is in determined want – admitting he would welcome new improvement.

Mayor Eric Adams is open to shifting Madison Sq. Backyard.
Getty Pictures for Concordia Summit
Adams believes the relocation might be nice for housing inventory.
Getty Pictures/Noam Galai

“I feel that we will discover the precise stability between workplace and housing,” he stated. 

“We’ve to construct extra housing. There’s an actual want for housing within the metropolis and notably in areas which have entry to transportation, good well being care, good colleges.” 

Adams’ entry into the dialog follows repeated efforts by group members and native representatives – Manhattan Borough President Mark Levine and State Sens. Liz Krueger and Brad Hoylman – to push state leaders to agree on shifting the sporting and leisure complicated which they argue would permit for a real redevelopment of the neighborhood.

The plan is backed by Gov. Kathy Hochul and was initially a pet undertaking favored by disgraced ex-Gov. Andrew Cuomo. 

It has additionally been criticized as a money seize that may drain metropolis funds and serve to learn actual property builders – mainly Vornado Realty Belief. 

Earlier than the plan got here out, Crain’s revealed Dolan was concerned in secret talks with actual property titan Associated Firms to presumably relocate the world to Hudson Yards. However Hochul reportedly bought concerned and killed the plan, according to Crain’s.

Owner James Dolan
Madison Sq. Backyard proprietor James Dolan has had a number of conversations about relocation however he needs to remain put.
Getty Pictures/Ethan Miller

However Dolan’s combat to remain put isn’t new. 

Former Mayor Michael Bloomberg needed to maneuver the stadium nearer to Manhattan’s west facet, however the proposal was scuttled by opposition from Dolan who marshaled reinforcement within the type of highly effective political forces – the previous, late state Meeting Speaker Sheldon Silver.  

“The Penn Station space is means, means out of stability. So he’s opening his thoughts to the precise viewpoint,” stated Alexandros Washburn, Bloomberg’s former Chief City Designer and now government director the Grand Penn Group Alliance, which favors shifting MSG.

Rendering of renovated Penn Station
The MTA board authorized a $57 million contract for the Penn Station renovation.
New York Governor’s Workplace

“Amtrak bought a gorgeous practice corridor however commuters want a greater deal. If we create a park and practice station like no different within the heart of this neighborhood that lets the entire neighborhood round it rebuild its housing, it’s group house,” he added.

In the meantime, the MTA board Wednesday authorized a $57 million contract for the Penn Station renovation’s architectural and engineering designs. 

MTA CEO Janno Lieber stated the main target could be on bringing “gentle” into the nation’s largest transit hub.

“We’re going so as to add a ton of vertical circulation. That’s stairs, escalators and elevators to get folks on and off the platforms,” he stated.

A consultant from MSG didn’t instantly reply to a request for remark by The Put up.

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