Features
MSG Buys The Forum
Madison Square Garden Company closed a deal June 25 to buy the 17, 500-capacity
MSG’s expansion to the West Coast includes an extensive renovation of the historic venue to begin later this year. Details of the reported $50 million project will be revealed this fall.
“The addition of the Forum is a perfect complement to the
“We have a proven track record of successfully restoring and renovating our historic venues, including the restoration of
MSG will get an $18 million rehabilitation loan from the city once the $50 million is spent, according to the New York Times.
The Forum, opened in 1967, was previously the home of the NBA’s Los Angeles Lakers and NHL’s Los Angeles Kings until the teams moved to the
Madison Square Garden Company V.P. of Public Relations Mikyl Cordova told Pollstar that The Forum will be an open building in regards to talent buying.