Garden
ORG
Garden
The owners of Madison Square Garden, the storied arena that is inextricably tied to the city's sports history, are close to an agreement with two developers to move one block west to a new $750 million home on Ninth Avenue, according to real estate executives and government officials. Under the proposed agreement, the Garden would move to the western half of the block-long James A. Farley Building, the post office that is being transformed into a $930 million transit hub to be a gateway to New York City. Moving the Garden to what would be its fifth home in 131 years would open up the possibility of transforming the dowdy site where the Garden now sits, on Eighth Avenue between 31st and 33rd Streets.