The Garden is being renovated without state or city subsidies, although it will continue to benefit from its longtime property tax exemption. To pay for the work, the Garden has said that the cost of Knicks season tickets will jump an average 49 percent, and Rangers seats will go up by 23 percent. Twenty new courtside-access suites (fitted with bathrooms and fireplaces) have a yearly rental fee of about $1 million each; all are spoken for. Their food spectrum will be drawn from Mr. Vongerichten’s suite menu and the other upscale concessionaires.Will the future coverage of the Barclays Center, describing all the ways the Nets are trying to play to the public, mention the subsidies, tax breaks, naming rights and luxury suites behind the new building?
Thursday, September 22, 2011
A New York Times Dining section article yesterday on the upgrade in food offerings at Madison Square Garden, headlined At Madison Square Garden, it’s Hey, Getcher Lobster Roll, contained this piece of welcome context: