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down_up__left_right t1_je54avj wrote

Reply to comment by knockatize in Proposed new MSG by WatchesAndNYC

$7 billion to $10 billion was the cost of the plan that would involve removing all of MSG and also tearing down and redeveloping the whole area around the station. The developer, Vornado, that would redevelop around the station is backing out of that plan because the demand for office space is lower post-pandemic.

This image is from a new proposal that just removes the theater. They haven't announced the cost of this plan yet.

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