| VENUE NEWS 04.01.08 5:18 PM |
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| MSG Renovation Likely to Stall Moynihan Development |
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Last week the owners of Madison Square Garden made a surprising announcement: Rather than build a new arena a block away as previously planned, they will renovate their current site. According to an article in the Observer on Thursday, this jeopardizes the development of Moynihan Station—the grand plan for a new and improved Penn Station, which includes expanding into the existing sports facility as well as extending westward into the James Farley Post Office.
Whether the plan for Moynihan Station will stall like the expansion of Javits remains to be seen: In a piece posted yesterday, the Daily News reported that “more than $20 billion worth of high-profile developments across the city ... are dead or at risk of never getting off the drawing board,” and examines the delays hindering projects including the Fulton Street Transit Center, the Atlantic Yards, and Coney Island.
RELATED TOPICS
Moynihan Station, Venue Troubles
MORE VENUE NEWS STORIES This Week: Café des Artistes Could Reopen, Bon Jovi to Kick Off Stadium Opening Trump SoHo to Open in February With Italian Restaurant, Penthouse Event Space, Meeting Facilities This Week: Tavern on the Green Starts Legal Fight With the City, Whitney to Build High Line Location Within Five Years This Week: IFC Center Will Add 100 New Seats, Jane Hotel Still Under Fire Auto Show Organizers Announce Expected Completion Date for Javits Expansion
MORE STORIES ABOUT VENUE TROUBLES After Venue Goes Under, Planner Scrambles for (and Finds!) Last-Minute Replacement Neighbors Still Fighting Rose Group Over Church Space Are the Rose Group's Church Renovation Problems Ending?
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Empire Hotel
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Honeysweet Productions Inc.
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