NYC Democrats could strip MSG owner James Dolan of $42 million property tax exemption: report

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NYC Democrats could strip MSG owner James Dolan of $42 million property tax exemption: report
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The state of New York has threated to strip Madison Square Garden of its 40-year-old property tax exemption and give the $42 million to the MTA.

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James L. Dolan attends the 5th Annual Little Steven's Policeman's Ball at Mandarin Oriental New York on Dec. 20, 2019 in New York City. "We’re going to pick a night, maybe a Rangers game, and we’re going to shut down all the liquor and alcohol in the building. This isn’t going to bother me because I’ve been sober 29 years. I don’t need the liquor," Dolan"Where we serve liquor, we’re going to put one of these up," Dolan said, picking up a paper next to him.

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