[News] MSGs lease limited to 10 years. A new rink for the Rangers in 2023?

[Puppet Guy]

Evidently Penn Station needs to be renovated and upgraded, and with MSG right on top of it, there's the possibility of the city ripping the arena down when the lease expires in 10 years.

After putting $1 billion into renovations recently, I can't see MSG going quietly.

http://www.usatoday.com/story/sports...ation/2585787/

[valo403]

20 years maybe, but there's no way that anything happens in 10 years. A lot of "journalists" are treating this as if a 10 year renewal (MSG was asking for a perpetual renewal) means that there can't be a subsequent renewal, which is completely false.

The funny part about this whole thing is that it's been spurred by a desire for a new Penn Station, including a bunch of ridiculously over the top renderings, but there hasn't been a lick of work done on the actual essential elements of that redevelopment. Nothing on how it will be financed. Nothing on what they're going to do with the 40+ story office tower sitting on top of it. Nothing on how they're going to increase track capacity, which you'd think would be a must if the goal here is an actual train station and not just something shiny. It's one of the more pathetic things I've seen. Building a new Penn Station will be a multi-jurisdictional nightmare, with everyone wanting someone else to pay and everyone wanting their interests to take precedent. That doesn't get done in 10 years. Hell, an easier project like the 2nd Avenue subway line or the West Side access took decades.

The Dolans are pretty scummy, and they shouldn't be getting a free pass to do whatever they want on the site forever, but the rationale of 'it looks ugly and we were so stupid to knock down the old station' is a pretty sad one.

[Oling_Roachinen]

With the Islanders moving to Brooklyn, the Detroit getting the go-ahead on their arena (http://www.cbc.ca/sports/hockey/nhl/...ankruptcy.html came out today) and the Oilers in the process of trying to get their new arena it was looking like the only arena older than the Dome was going to be MSG. Of course it's had its major renovations.

While I doubt the Dome will still be used in 10 years by the Flames, especially after the flood, it's a possibility now that the Flames could have the oldest barn in the league and by an entire decade. Although I think it's a slight to no chance the Rangers move from MSG anytime this decade or next.

[Tyler]

Don't worry. Ken King will come out with an arena announcement "any month now..."

Spoiler!

for the past 5 years

[tripin_billie]

Penn Station is desperately in need of renovations, that much is true! (It's a hellhole)

[nik-]

It's too bad they tore down an amazing building to build this thing in the first place.

[herashak]

Originally Posted by nik-

It's too bad they tore down an amazing building to build this thing in the first place.

thats new york for you.

[nik-]

Originally Posted by herashak

thats new york for you.

Probably more of a "That's Robert Moses for you". Either way, it would be awesome if they tore down MSG and rebuilt Penn station like the original.

[Erick Estrada]

Originally Posted by Tyler

Don't worry. Ken King will come out with an arena announcement "any month now..."

Spoiler!

for the past 5 years

Supposedly wasn't it going to be announced shortly after the draft but got mothballed due to the flood?

[Robbob]

When I was in New York a tour guide mentioned that they might be tearing down the massive postal building across the street to put the new station. Apparently it is barely used and takes up a ton of space. Really nice looking building.

[Tyler]

Originally Posted by Erick Estrada

Supposedly wasn't it going to be announced shortly after the draft but got mothballed due to the flood?

It's been "months away" for a couple years at least.

Pretty sure they're going to wait until after the Civic election before they announce their plans.

[Erick Estrada]

Originally Posted by Tyler

It's been "months away" for a couple years at least.

Pretty sure they're going to wait until after the Civic election before they announce their plans.

Would probably be a good idea as the last thing they would want is it to be a campaign topic.