“And if that fits into Madison Square Garden moving into another location – maybe we’ll help the Knicks win.”
“I am open. The Penn Station project is a crucial one. I think that area is ripe for housing, is ripe for real investment,” Hizzoner said during a Crain’s New York ‘Power Breakfast’ hosted at the New York Athletic Club.
Adams said the Pennsylvania Plaza space surrounding MSG could be a great place for new housing stock – of which the city is in desperate need – admitting he would welcome new development.Adams believes the relocation could be great for housing stock.“I think that we can find the right balance between office and housing,” he said.
Before the plan came out, Crain’s revealed Dolan was involved in secret talks with real estate titan Related Companies to possibly relocate the arena to Hudson Yards. But Hochul reportedly got involved and killed the plan, “Amtrak got a beautiful train hall but commuters need a better deal. If we create a park and train station like no other in the center of this neighborhood that lets the whole neighborhood around it rebuild its housing, it’s community space,” he added.
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