New York (CNN) -- Madison Square Garden, one of the world's iconic sports and entertainment arenas, has been given a decade to relocate after a vote by the New York City Council on Wednesday amid efforts to renovate the equally well-known Penn Station that sits below it.
The council voted to
approve a "special permit" that will allow the arena to operate for 10
years while its management seeks to relocate, according to a news
release.
The 47-1 vote comes after
years of advocacy from city officials and independent groups who have
sought to renovate and expand the bustling Pennsylvania Station. Madison
Square Garden's 50-year land-use permit expired in January.
The original Penn
Station, which featured Corinthian columns, vast hallways and glass
ceilings, was demolished in 1963 to make way for the construction of the
current Madison Square Garden, which opened in 1968.
"The approval of this
permit offers us a great opportunity to reimagine and redevelop Penn
Station as a world-class transportation destination and allow time to
relocate Madison Square Garden to a new and improved home," Council
Speaker and mayoral candidate Christine C. Quinn said in a statement.
Watch: New York City like you've never seen it
In June, Quinn called for
the creation of a "Commission for a 21st Century Penn Station," with
the goal of helping to find a new Manhattan home for the arena and to
renovate Penn Station.
New York Mayor Michael Bloomberg had hoped for a 15-year permit, according to Julie Wood, spokeswoman for the mayor.
If Madison Square Garden does not find a new location, it will have to reapply for a permit once it expires.
Penn Station
accommodates hundreds of thousands travelers per day, and the City
Council says the Garden's placement above it is an "intractable
problem."
"Imagine 220 mph bullet
trains that sweep you to D.C. or Boston in 90 minutes or less. These
plans are on the table, but they can only be realized with a modern,
renovated Penn Station," said Manhattan Borough President and city
comptroller candidate Scott M. Stringer. "That is not possible as long
as the Garden sits squarely on top of the nation's busiest rail transit
hub."
The arena's management
did not go into the details of the vote, stating rather that it looks
forward to its reopening this fall after a "three year, nearly billion
dollar" renovation, according to Kimberly Kerns, spokeswoman for Madison
Square Garden.
The Garden, home to the
New York Knicks and Rangers, first opened its doors in 1879 but has
since moved to several locations throughout the city, according to its
website.
It has stood at its
current Midtown Manhattan location since 1968 and hosted the famous
"Fight of the Century" between Muhammad Ali and Joe Frazier in 1971.
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