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=== 1991 renovation === In April 1986, Gulf and Western announced that they would build a new Madison Square Garden a few blocks away on the site of present-day [[Hudson Yards (development)|Hudson Yards]]. The plan would cost an estimated $150 million and included the demolition of the 1964 building to replace it with a new office tower development.<ref>{{cite journal |last=Phifer |first=Thomas |title=Madison Square Garden Site Redevelopment |journal=Oz |volume=11 |issue=1 |date=January 1, 1989 |issn=2378-5853 |doi=10.4148/2378-5853.1181}}</ref> After years of planning, Gulf and Western decided against building a new arena in favor of a renovation after estimated costs doubled during the process.<ref>{{Cite news |last=McFadden |first=Robert D. |date=January 24, 1989 |title=New Project Will Renovate The Garden |language=en-US |work=The New York Times |url=https://www.nytimes.com/1989/01/24/nyregion/new-project-will-renovate-the-garden.html |access-date=October 13, 2022 |issn=0362-4331}}</ref><ref>{{Cite web |title=Gulf & Western has scrapped plans to demolish Madison... |url=https://www.upi.com/Archives/1989/01/23/Gulf-Western-has-scrapped-plans-to-demolish-Madison/2103601534800/ |access-date=October 13, 2022 |website=UPI |language=en}}</ref> [[File:MSG (4051531795).jpg|thumb|Madison Square Garden following its 1991 renovation]] Garden owners spent $200 million in 1991 to renovate facilities and add 89 suites in place of hundreds of upper-tier seats. The project was designed by [[Ellerbe Becket]]. The renovation was criticized for perceived corporatization. Additionally, the renovation made bathrooms larger, expanded menus, added a new ventilation system, replaced all of the seats with new cushioned teal and violet seats, and refurbished both home teams' locker rooms.<ref>{{Cite news |last=Williams |first=Lena |date=July 29, 1991 |title=Big Madison Sq. Garden Facelift: 'Tasteful' With Teal |language=en-US |work=The New York Times |url=https://www.nytimes.com/1991/07/29/nyregion/big-madison-sq-garden-facelift-tasteful-with-teal.html |access-date=October 13, 2022 |issn=0362-4331}}</ref> In 2000, current MSG owner James Dolan was quoted as saying that a new arena was being considered as the current building was starting to show its age.<ref>{{Cite web |title=ESPN.com - GEN - New Garden in New York considered |url=https://www.espn.com/gen/news/2000/0321/438594.html |access-date=October 13, 2022 |website=www.espn.com}}</ref> In 2004β2005, [[Cablevision]] battled with the City of New York over the proposed [[West Side Stadium|West Side arena]], which was canceled. Cablevision then announced plans to raze the Garden, replace it with high-rise commercial buildings, and build a new Garden one block away at the site of the [[James A. Farley Building|James Farley Post Office]]. Meanwhile, a new project to renovate and modernize the Garden completed phase one in time for the [[2011β12 New York Rangers season|Rangers]] and [[2011β12 New York Knicks season|Knicks]]' 2011β12 seasons,<ref>{{cite news |title=MSG Executives Unveil Plan for Renovation |first=Arthur |last=Staple |url=http://www.newsday.com/sports/msg-executives-unveil-plan-for-renovation-1.882390 |newspaper=[[Newsday]] |date=April 3, 2008 |access-date=April 3, 2008}}</ref> though the vice president of the Garden says he remains committed to the installation of an extension of Penn Station at the Farley Post Office site. While the Knicks and Rangers were not displaced, the [[New York Liberty]] played at the [[Prudential Center]] in [[Newark, New Jersey]], during the renovation. Madison Square Garden is the last of the [[NBA]] and [[NHL]] arenas not to be named after a corporate sponsor.<ref>{{cite web |url=http://www.mlive.com/redwings/index.ssf/2017/04/with_two_arena_closings_in_two.html |title=With two arena closings in two days, Detroit stands unique in U.S. history |author=David Mayo |work=[[Booth Newspapers|MLive]] |date=April 9, 2017 |access-date=April 21, 2017}}</ref>
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