Herald Square (Manhattan, NY)
By Jeffrey Ditri, New York City Residential Rental Specialist
(JAD Realty Group, LLC.)
MSG has just five years left on its special operating permit, but has announced no plans for a move  The City Council and James Dolan’s Madison Square Garden Company appear to be headed toward another clash over plans to relocate the iconic sports stadium. Madison Square Garden is now at the midway point of the 10-year timetable the city laid out in 2013 for the stadium to relocate and make way for a modern Penn Station. But with five years left on its special operating permit, MSG appears to have taken no significant steps toward what would be a years-long process of acquiring a new site and constructing a new stadium. “We have not provided any public information” on the matter, MSG spokesperson Kimberly Kerns told The Real Deal. Stakeholders such as the Regional Plan Association and t...
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By Robert DeFalco, Robert DeFalco Realty
(Robert DeFalco Realty)
Spotlight on Herald Square, Manhattan, NY Herald Square is a small section of Midtown Manhattan formed by the intersection of Broadway, Avenue of the Americas, and 34th Street. Named for the iconic, but now-defunct New York Herald newspaper that was previously headquartered there, the square is made up of two distinct sections –Herald Square to the north, and Greeley Square to the south. Both areas are made up of a park surrounded by an array of retail stores.Shopping is the name of the Herald Square game, with the best selection of chain clothing stores in the city, or possibly the world. The most famous of these is Macy’s flagship department store, the largest in the United States. The Manhattan Mall is also located here, as is the Fashion Institute of Technology. Transportation in th...
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