Madison Square Garden, "The World's Most Famous Arena," is located in Manhattan on Seventh Avenue between 31st and 33rd Streets. The Garden is a multi-purpose indoor arena that is home to the New York Knicks, Rangers and Liberty professional sports franchises. Madison Square Garden is also the third busiest music arena in the world in terms of ticket sales.
The original Madison Square Garden was built at 26th Street and Madison Avenue in 1890. It has been rebuilt four times. Madison Square Garden has been in its current location since February 1968. It is currently undergoing a $850 million renovation.