MSGE signs non-binding deal on Penn Station redevelopment, may transfer Infosys Theater
Filed June 8, 2026 · Period ending June 8, 2026 · ~1 min read
Key Changes
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MSGE entered a non-binding memorandum of understanding with Penn Station redevelopment consortium ensuring Madison Square Garden Arena remains fully operational during construction.
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The MOU contemplates transferring the Infosys Theater at MSG to the Master Developer, but requires definitive agreements that have not yet been negotiated or signed.
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Company explicitly warns there is no assurance the Penn Station redevelopment or the Infosys Theater transfer will be completed on the terms described or at all.
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Generated by AI · Jun 10, 2026 5:20 PM