It was named after James Madison, fourth President of the United States. Madison Square is formed by the intersection of 5th Avenue and Broadway at 23rd Street in Manhattan. 3.2 Madison Square Garden Platinum Ticket Award.3.1 Madison Square Garden Gold Ticket Award.3 Recognition given by Madison Square Garden.2.2 Notable firsts and significant events.1.3.1 Penn Station renovation controversy.Several other operating entities related to the Garden share its name. It is part of the Pennsylvania Plaza office and retail complex, named for the railway station. Including two major renovations, its total construction cost is approximately $1.1 billion, and it has been ranked as one of the 10 most expensive stadium venues ever built. In 2016, MSG was the second-busiest music arena in the world in terms of ticket sales, behind The O2 Arena in London. It is the oldest arena in the National Basketball Association, and in the National Hockey League. Originally called Madison Square Garden Center, the Garden opened on February 11, 1968, and is the oldest major sporting facility in the New York metropolitan area. It is home to the New York Rangers of the National Hockey League (NHL), the New York Knicks of the National Basketball Association (NBA), and was home to the New York Liberty (WNBA) from 1997 to 2017. It is close to other midtown Manhattan landmarks, including the Empire State Building, Koreatown, and Macy's at Herald Square. The Garden is used for professional ice hockey and basketball, as well as boxing, concerts, ice shows, circuses, professional wrestling and other forms of sports and entertainment. It is the fourth venue to bear the name "Madison Square Garden" the first two ( 18) were located on Madison Square, on East 26th Street and Madison Avenue, with the third Madison Square Garden (1925) farther uptown at Eighth Avenue and 50th Street. Located in Midtown Manhattan between Seventh and Eighth avenues from 31st to 33rd Street, it is situated atop Pennsylvania Station. Madison Square Garden, colloquially known as The Garden or by its initials MSG, is a multi-purpose indoor arena in New York City. New York Raiders/Golden Blades ( WHA) (1972–1973) PATH: 33rd Street New York City Bus: M4, M7, M20, M34 SBS, M34A SBS, Q32 buses
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