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Old Posted Nov 12, 2016, 12:50 AM
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phoenixboi08 phoenixboi08 is offline
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Join Date: Jun 2007
Location: New Jersey
Posts: 577
Quote:
Originally Posted by CIA View Post
"MSG owns the land and the building, where it has been operating for 45 years as a sports and entertainment complex."

Huh, is this true? How did I not know this? If they own the land, why do they need to keep renewing their permit from the city to operate?
My guess is that it's because MSG Management only own the air rights over the station (and a portion of the railyards?). Thus, the city only gives them a Special-Use Permit, since to do otherwise would infringe on the rights of Amtrak and the City (etc) who also own the infrastructure (e.g. property) below.
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