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Madison Square Garden, often abbreviated as MSG, known colloquially simply as The Garden, has been the name of four arenas in New York City, United States. It is also the name of the entity which owns the arena and several of the professional sports franchises which play there. There have been four incarnations of the arena. The first two were located at Madison Square, thus the name. Subsequently a new 17,000-seat Garden (opened December 15, 1925) was built at 50th Street and 8th Avenue, and the current Garden (opened February 14, 1968) is at 7th Avenue between 31st and 33rd Streets, situated on top of Pennsylvania Station. The present arena is informally known to some by the advertising slogan "The World's Most Famous Arena".
The arena lends its name to the Madison Square Garden Network, a cable television network that broadcasts most sporting events that are held in the Garden, as well as concerts and entertainment events that have taken place at the venue. Source
Federal Reserve Bank of New York, New York
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