After Knicks owner James Dolan’s latest fan incident, state senator suggests ending property-tax break on MSG
Knicks owner James Dolan insinuated he’d ban from Madison Square Garden a fan who told Dolan to sell the team.
Dolan also receives $50 million in annual property-tax breaks on the Garden.
New York State Senator Brad Hoylman:
Madison Square Garden gets over $40M/year in property tax breaks. If James Dolan wants to treat it as his private stadium & ban fans for merely suggesting he sell a team, then perhaps Albany should take his lead—and redirect those public dollars to Penn Station’s MTA facilities. https://t.co/yw46xPUvWt— Senator Brad Hoylman-Sigal (@bradhoylman) March 11, 2019
If Dolan weren’t thin-skinned and frequently clashing with fans… those tax breaks would still be a terrible deal for New York.
Madison Square Garden is Dolan’s private stadium. He does run it as he sees fit. The responsibility for maximizing profit should be on him, not subsidized by New York taxpayers.
It shouldn’t have taken Dolan’s latest flareup with a Knicks fan for someone in Albany to see the problem.