State Senate Democrats are aiming to deal Madison Square Garden Entertainment a $42 million blow in the state budget due April 1 amid an ongoing feud between public officials and CEO James Dolan.
State Attorney General Letitia James meanwhile isAnd some public officials also say the City Council should not renew Madison Square Garden’sMadison Square Garden Entertainment CEO James Dolan also owns the Knicks and Rangers.But the embattled Democratic donor has hardly backed down in his multiple-front fight against public officials despite the growing pressure.
“If you owned a bakery or a restaurant and someone comes in and buys bread and the next day they serve you a lawsuit, they say they hated it. Then the next day they say, ‘I’d like to buy more bread.’ Would you sell them more bread?”“If you’re being sued, it’s a personal thing,” he added. An MSG spokesperson fired back at Hoylman and the budget proposal Tuesday while noting other sports venues get tax breaks or subsidies along with other“It’s interesting that Senator Hoylman is rallying to end governmental subsidies for corporations when just last year he voted in favor of legislation that extends a $420 million governmental subsidy for the film industry and currently sponsors legislation to create new subsidies for the musical and theatrical production industry,” the...
“Madison Square Garden is a significant job creator and an economic leader within both our community and the city.” State Sen. Brad Hoylman has been one of the most outspoken critics of MSG in recent months amid speculation about the future location of the arena within his Manhattan district.
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