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Knicks Pushing A New Madison Square Garden

With the Nets days away from getting MTA approval for a new half-billion dollar arena in Brooklyn, the Knicks are now plotting the same course: building a new state-of-the-art Madison Square Garden a block west of the current building, to be replaced by high-rises. The old Garden would then be torn down. And like the Nets, the Knicks would need city, state and MTA approvals to build atop old rail yards.