NYC Planning Board Votes To Give MSG 15-Year Permit

Law360, New York (May 22, 2013, 3:31 PM EDT) -- New York's City Planning Commission on Wednesday pushed the plan to give Madison Square Garden 15 more years above Penn Station, another step toward a City Council vote after local leaders argued that a permit without term limits, as the arena had requested, would prevent renovation of the transit hub.

The unanimous vote came two weeks after the New York City Department of City Planning recommended that the commission approve the 15-year plan, which is five years longer than what many politicians had proposed but far too...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.