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An Examination of The Madison Square Garden Property Tax Exemption

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IBO's review of the tax break, under Local Law 18 of 2017, was released as NYC Council is about to consider MSG’s DCP application to renew its zoning special permit. It also coincides with a reignited debate on the future of the beleaguered & over-capacity Penn Station that lies below MSG.

Agency
Subject
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2023-07-11
Language
Calendar year
  • 2023
Required Report Name
  • Not Required