Final Vote Limits Madison Square Garden Permit To 10 Years

Law360, New York (July 24, 2013, 6:29 PM EDT) -- The New York City Council on Wednesday put its weight behind several committees' earlier suggestions to limit Madison Square Garden's stay above Penn Station to 10 years, the final step in a months-long process that began when the arena's operating permit expired in January.

The 47-1 vote came after some conflict between city agencies over whether Madison Square Garden should stay in place for 10 or 15 years, though all agreed that the arena's favored plan — maintaining a permit in perpetuity — was unfeasible in...
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