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06-20-2013, 01:03 PM
  #762
GordonGecko
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Join Date: Oct 2010
Location: New York City
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Quote:
Originally Posted by dstoffa View Post
It's a pipe dream, and a big smoke screen to appeal to a fragment of voters. It's not a smart financial venture. It would be a money pit
Mostly agree. MSG should be allowed to amortize their renovations over the next 20-30 years, but in no way should they be granted a permanent license to operated. In 20 years or so they should be forced to move, with the right mix of incentives. MSG, or a buyer would be responsible for funding most of the construction of the head house and would get rights to primo office towers above the new station in the heart of manhattan. MSG would need to obtain a decent plot of land in manhattan and will probably want to take its tax breaks with it

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