10-year limit for Madison Square Garden approved - 13 WTHR Indianapolis

10-year limit for Madison Square Garden approved

Updated:
NEW YORK -

The New York City Council has voted to limit Madison Square Garden's permit to operate at its current spot above Penn Station to 10 years.

The Council voted 47-1 in favor of the 10-year limit on Wednesday.

The Garden had requested to operate at the site in perpetuity. The city planning commission recommended a 15-year extension.

Civic organizations are campaigning to move Madison Square Garden to another location so the station can be overhauled.

Kim Kerns, a spokeswoman for the Garden, says the arena is in the midst of a three-year renovation costing nearly $1 billion. She says Madison Square Garden has operated at its current site "for generations."

Council Speaker Christine Quinn last month told Garden officials finding a new location for the arena is the only way to address the development of a new Penn Station.

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