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Idea#45

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Repeal the Madison Square Garden exemption (S.3449 by Monserrate)

How on earth this multi-multi million dollar property has continued to enjoy a total exemption from property taxes ever since 1982 when they threatened to move the sports franchises is inexplicable. Long past time to pull the plug on this extorted benefit.

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Submitted by pnm3 5 years ago

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  1. Unbelievable!! They can charge $100+ for tickets, pay players 8 figure salaries, but not pay property taxes?????

    4 years ago

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