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New York Life Insurance Company ( NYLIC ) is the third-largest life insurance company and the largest mutual life insurance company in the United States, and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. In 2023, NYLIC achieved the best possible ratings by the four independent rating companies ( Standard & Poor's , AM Best , Moody's and Fitch Ratings ). Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds .

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129-651: Madison Square Garden , colloquially known as the Garden or by its initials MSG , is a multi-purpose indoor arena in New York City . It is located in Midtown Manhattan between Seventh and Eighth avenues from 31st to 33rd streets above Pennsylvania Station . It is the fourth venue to bear the name "Madison Square Garden"; the first two, opened in 1879 and 1890 respectively, were located on Madison Square , on East 26th Street and Madison Avenue, with

258-557: A Beaux-Arts structure with a Moorish feel, including a minaret-like tower modeled after Giralda , the bell tower of the Cathedral of Seville , soaring 32 stories, the city's second-tallest building at the time and dominating Madison Square Park . It was 200 feet (61 m) by 485 feet (148 m), and the main hall, which was the largest in the world, measured 200 feet (61 m) by 350 feet (110 m) with permanent seating for 8,000 people and floor space for thousands more. It had

387-414: A mixed-use development with commercial, residential, and recreational space. H3 Hardy Collaboration Architecture wanted to move the arena to a new pier west of Jacob K. Javits Convention Center , four blocks west of the current station and arena. Then, according to H3's plan, four skyscrapers would be built, one at each of the four corners of the new Penn Station superblock, with a roof garden on top of

516-588: A 1,200-seat theater, a concert hall with a capacity of 1,500, the largest restaurant in the city, and a roof garden cabaret. The building cost $ 3 million. Madison Square Garden II was unsuccessful like the first Garden, and the New York Life Insurance Company , which held the mortgage on it, decided to tear it down in 1925 to make way for a new headquarters building, which would become the landmark Cass Gilbert -designed New York Life Building . A third Madison Square Garden opened in

645-441: A 2009 press release, John was quoted as saying "Madison Square Garden is my favorite venue in the whole world. I chose to have my 60th birthday concert there, because of all the incredible memories I've had playing the venue." A DVD recording was released as Elton 60—Live at Madison Square Garden . Billy Joel , who holds the record for the greatest number of appearances at the Garden with 134 shows as of February 2023, stated that

774-528: A Duke victory over St. John's gave Coach K his 1,000th career win. Stephen Curry broke the NBA's all-time three-point scoring record at Madison Square Garden, on December 14, 2021. The Warriors defeated the Knicks 105–96 with Curry recording his 2,977th career three-pointer by the end of the game, eclipsing Ray Allen 's 2,973 career total. On October 27, 2024 , then presidential candidate Donald Trump hosted

903-446: A campaign rally at Madison Square Garden. The event was particularly noteable for remarks by comedian Tony Hinchcliffe , who spoke prior to Trump and made jokes widely considered offensive toward Puerto Ricans , which became a significant talking point going into the presidential election . In 1977, Madison Square Garden announced Gold Ticket Awards would be given to performers who had brought in more than 100,000 unit ticket sales to

1032-631: A decade between Irish immigrants and Black people for work. Rioters burned the Colored Orphan Asylum to the ground. At least 120 people were killed. Eleven Black men were lynched over five days, and the riots forced hundreds of Blacks to flee. The Black population in Manhattan fell below 10,000 by 1865. The White working class had established dominance. It was one of the worst incidents of civil unrest in American history . In 1886,

1161-529: A maximum capacity of 18,496 spectators for boxing. Demolition commenced in 1968 after the opening of the current Garden, and was completed in early 1969. The site is now the location of One Worldwide Plaza . In February 1959, former automobile manufacturer Graham-Paige purchased a 40% interest in the Madison Square Garden for $ 4 million and later gained control. In November 1960, Graham-Paige president Irving Mitchell Felt purchased from

1290-494: A member of The Moody Blues , said he found his gold ticket to be an interesting piece of memorabilia because he could use it to attend any event at the Garden. Many other performers received Gold Ticket Awards between 1977 and 1994. Madison Square Garden also gave Platinum Ticket Awards to performers who sold over 250,000 tickets to their shows throughout the years. Winners of the Platinum Ticket Awards include:

1419-615: A new Penn Station. SHoP Architects recommended moving Madison Square Garden to the Morgan Postal Facility a few blocks southwest, as well as removing 2 Penn Plaza and redeveloping other towers, and an extension of the High Line to Penn Station. Meanwhile, SOM proposed moving Madison Square Garden to the area just south of the James Farley Post Office , and redeveloping the area above Penn Station as

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1548-464: A new location, on Eighth Avenue between 49th and 50th streets, from 1925 to 1968. Groundbreaking on the third Madison Square Garden took place on January 9, 1925. Designed by the noted theater architect Thomas W. Lamb , it was built at the cost of $ 4.75 million in 249 days by boxing promoter Tex Rickard ; the arena was dubbed "The House That Tex Built". The arena was 200 feet (61 m) by 375 feet (114 m), with seating on three levels, and

1677-523: A part of the colony of New York . It became a center of slavery , with 42% of households enslaving Africans by 1730. Most were domestic slaves ; others were hired out as labor. Slavery became integrally tied to New York's economy through the labor of slaves throughout the port, and the banking and shipping industries trading with the American South . During construction in Foley Square in

1806-594: A renewal to MSG's operating permit in perpetuity and proposed a 10-year limit instead in order to build a new Penn Station where the arena is currently standing. Manhattan borough president Scott Stringer said, "Moving the arena is an important first step to improving Penn Station." The Madison Square Garden Company responded by saying that "[i]t is incongruous to think that M.S.G. would be considering moving." In May 2013, four architecture firms – SHoP Architects , SOM , H3 Hardy Collaboration Architecture , and Diller Scofidio + Renfro  – submitted proposals for

1935-484: A report stating that MSG is no longer compatible with Penn Station, with the report saying, "MSG's existing configuration and property boundaries impose severe constraints on the station that impede the safe and efficient movement of passengers and restrict efforts to implement improvements, particularly at the street and platform levels." On September 14, 2023, the New York City Council voted 48–0 to renew

2064-519: A reputation as a despotic leader. He instituted regulations on liquor sales, attempted to assert control over the Dutch Reformed Church , and blocked other religious groups from establishing houses of worship. In 1664, unable to summon any significant resistance, Stuyvesant surrendered New Amsterdam to English troops, led by Colonel Richard Nicolls , without bloodshed. The terms of the surrender permitted Dutch residents to remain in

2193-531: A result of Sandy, and the economic losses in New York City were estimated to be roughly $ 19 billion. The disaster spawned long-term efforts towards infrastructural projects to counter climate change and rising seas, with $ 15 billion in federal funding received through 2022 towards those resiliency efforts. In March 2020, the first case of COVID-19 in the city was confirmed. With its population density and its extensive exposure to global travelers,

2322-485: A speech denying the request, which was paraphrased on the front page of the New York Daily News as "FORD TO CITY: DROP DEAD." The Municipal Assistance Corporation was formed and granted oversight authority over the city's finances. While a resurgence in the financial industry greatly improved the city's economic health in the 1980s, New York's crime rate continued to increase through that decade and into

2451-483: Is a global center of finance and commerce , culture , technology , entertainment and media , academics and scientific output , the arts and fashion , and, as home to the headquarters of the United Nations , international diplomacy . With an estimated population in 2023 of 8,258,035 distributed over 300.46 square miles (778.2 km ), the city is the most densely populated major city in

2580-467: Is an established safe haven for global investors. As of 2023 , New York City is the most expensive city in the world for expatriates and has by a wide margin the highest U.S. city residential rents; and Fifth Avenue is the most expensive shopping street in the world. New York City is home by a significant margin to the highest number of billionaires , individuals of ultra-high net worth (greater than US$ 30 million), and millionaires of any city in

2709-892: 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 of the Women's National Basketball Association (WNBA) from 1997 to 2017. 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

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2838-558: Is part of the Pennsylvania Plaza office and retail complex, named for the railway station. Several other operating entities related to the Garden share its name. Madison Square is formed by the intersection of 5th Avenue and Broadway at 23rd Street in Manhattan. It was named after James Madison , fourth President of the United States . Two venues called Madison Square Garden were located just northeast of

2967-516: Is the exclusive life insurance partner of the AARP . New York Life Investments is a subsidiary global asset management business which serves both institutional and retail clients. It ranks No. 26 by total worldwide institutional assets under management, according to Pensions & Investments' Largest Money Managers Survey 2017. The group manages money through independent investment boutiques. These boutiques include: New York Life Foundation

3096-489: Is the first step in finding a new home for Madison Square Garden and building a new Penn Station that is as great as New York and suitable for the 21st century," said City Council speaker Christine Quinn . "This is an opportunity to reimagine and redevelop Penn Station as a world-class transportation destination." In October 2014, the Morgan facility was selected as the ideal area for Madison Square Garden to be moved, following

3225-617: Is the insurance company's philanthropic arm. Its areas of focus include childhood bereavement. New York Life Foundation first became involved in childhood bereavement programs when it supported the Comfort Zone Camp in 2007. Its partners and programs include the National Alliance of Grieving Children, Grief Reach, Coalition to Support Grieving Students, Camp Erin/Moyer Foundation, Tragedy Assistance Program for Survivors and Boys and Girls Clubs of America . It sponsored

3354-455: Is the oldest arena in the NBA and the second-oldest in the NHL, after Seattle's Climate Pledge Arena . As of 2016, MSG is also the second-busiest music arena in the world in terms of ticket sales. Including its two major renovations in 1991 and 2013, the Garden's total construction cost was approximately $ 1.1 billion, and it has been ranked as one of the 10 most expensive arena venues ever built. It

3483-747: The 1976 Democratic National Convention and 1980 Democratic National Convention with Carter, the 1992 Democratic National Convention with Clinton, and the 2004 Republican National Convention with Bush, and hosted the NFL draft for many years (later held at Garden-leased Radio City Music Hall , now shared between cities of NFL franchises). The Jeopardy! Teen Tournament and several installments of Celebrity Jeopardy! were filmed at MSG in 1999, as well as several episodes of Wheel of Fortune in 1999 and 2013. The New York City Police Academy , Baruch College / CUNY , and Yeshiva University also hold their annual graduation ceremonies at Madison Square Garden. It hosted

3612-866: The Atlantic port to the agricultural markets and commodities of the North American interior via the Hudson River and the Great Lakes . Local politics became dominated by Tammany Hall , a political machine supported by Irish and German immigrants . In 1831, New York University was founded. Several prominent American literary figures lived in New York during the 1830s and 1840s, including William Cullen Bryant , Washington Irving , Herman Melville , Rufus Wilmot Griswold , John Keese , Nathaniel Parker Willis , and Edgar Allan Poe . Members of

3741-909: The Crown , with as many as 10,000 escaped slaves crowded into the city during the British occupation, the largest such community on the continent. When the British forces evacuated New York at the close of the war in 1783, they transported thousands of freedmen for resettlement in Nova Scotia , England, and the Caribbean . The attempt at a peaceful solution to the war took place at the Conference House on Staten Island between American delegates, including Benjamin Franklin , and British general Lord Howe on September 11, 1776. Shortly after

3870-804: The Grammy Awards in 1972, 1997, 2003, and 2018 (which are normally held in Los Angeles ) as well as the Latin Grammy Awards of 2006 . The group and Best in Show competitions of the Westminster Kennel Club Dog Show have been held at MSG every February from 1877 to 2020, which was MSG's longest continuous tenant although this was broken in 2021 as the Westminster Kennel Club announced that

3999-765: The HBO documentary One Last Hug . The company also emphasizes giving to various cultural communities, including the African-American community. The company also funded a $ 10 million endowment to the Colin Powell Center for Policy Studies at the City College of New York called the New York Life Endowment for Emerging African-American Issues in 2006. In 2017 Fortune named New York Life among its Most Admired Companies in

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4128-1030: The Knicks and Rangers to a then incomplete venue in the New Jersey Meadowlands , the Meadowlands Sports Complex . The Garden was also the home arena for the NY Raiders/NY Golden Blades of the World Hockey Association . The Meadowlands would eventually host its own NBA and NHL teams, the New Jersey Nets and the New Jersey Devils , respectively. The New York Giants and Jets of the National Football League (NFL) also relocated there. In 1977,

4257-742: The New York City Fire Department and 71 law enforcement officers. The area was rebuilt with a new World Trade Center , the National September 11 Memorial and Museum , and other new buildings and infrastructure, including the World Trade Center Transportation Hub , the city's third-largest hub. The new One World Trade Center is the tallest skyscraper in the Western Hemisphere and the seventh-tallest building in

4386-1000: The Northwest Passage to the Orient for the Dutch East India Company . He sailed up what the Dutch called North River (now the Hudson River), named first by Hudson as the Mauritius after Maurice, Prince of Orange . Hudson claimed the region for the Dutch East India Company. In 1614, the area between Cape Cod and Delaware Bay was claimed by the Netherlands and called Nieuw-Nederland (' New Netherland '). The first non–Native American inhabitant of what became New York City

4515-480: The Pennsylvania Railroad the rights to build at Penn Station . To build the new facility, the above-ground portions of the original Pennsylvania Station were torn down. The new structure was one of the first of its kind to be built above the platforms of an active railroad station. It was an engineering feat constructed by Robert E. McKee of El Paso, Texas . Public outcry over the demolition of

4644-568: The Roberto Durán – Ken Buchanan affair, the first Muhammad Ali – Joe Frazier bout and the US debut of Anthony Joshua that ended in a huge upset when he was beaten by Andy Ruiz . Before promoters such as Don King and Bob Arum moved boxing to Las Vegas , Nevada , Madison Square Garden was a popular location for boxing. The original 18 + 1 ⁄ 2  ft ×  18 + 1 ⁄ 2  ft (5.6 m × 5.6 m) ring, which

4773-511: The Royal Rumble in 2000 and 2008 ; SummerSlam in 1988 , 1991 and 1998 ; as well as Survivor Series in 1996 , 2002 and 2011 . Multiple episodes of WWE's weekly shows, Raw and SmackDown have been broadcast from the Arena as well. New Japan Pro-Wrestling (NJPW) and Ring of Honor (ROH) hosted their G1 Supercard supershow at the venue on April 6, 2019. A year later it

4902-527: The September 11 attacks , John Lennon 's final concert appearance during an Elton John concert on Thanksgiving Night in 1974 before his murder in 1980, and Elvis Presley , who gave four sold-out performances in 1972, his first and last ever in New York City. Parliament-Funkadelic headlined numerous sold-out shows in 1977 and 1978. Kiss , who were formed in the arena's city and three of whose members were city-born, did six shows during their second half of

5031-576: The Statue of Liberty , a gift from France , was dedicated in New York Harbor. The statue welcomed 14 million immigrants as they came to the U.S. via Ellis Island by ship in the late 19th and early 20th centuries, and is a symbol of the United States and American ideals of liberty and peace. In 1898, the City of New York was formed with the consolidation of Brooklyn (until then a separate city),

5160-709: The Stonewall riots were a series of violent protests by members of the gay community against a police raid that took place in the early morning of June 28, 1969, at the Stonewall Inn in Greenwich Village . They are widely considered to be the single most important event leading to the gay liberation movement and the modern fight for LGBT rights . Wayne R. Dynes , author of the Encyclopedia of Homosexuality , wrote that drag queens were

5289-612: The steamship General Slocum caught fire in the East River , killing 1,021 people. In 1911, the Triangle Shirtwaist Factory fire , the city's worst industrial disaster, killed 146 garment workers and spurred the growth of the International Ladies' Garment Workers' Union and major improvements in factory safety standards. New York's non-White population was 36,620 in 1890. New York City

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5418-496: The third Madison Square Garden (1925) farther uptown at Eighth Avenue and 50th Street. The Garden hosts professional ice hockey, professional basketball, boxing, mixed martial arts, concerts, ice shows, circuses, professional wrestling, and other forms of sports and entertainment. It is close to other midtown Manhattan landmarks, including the Empire State Building , Koreatown , and Macy's at Herald Square . It

5547-551: The waterfronts since Dutch colonial times; reclamation is most prominent in Lower Manhattan, with developments such as Battery Park City in the 1970s and 1980s. Some of the natural relief in topography has been evened out, especially in Manhattan. New York Life Insurance Company New York Life Insurance Company first opened in Manhattan 's Financial District as Nautilus Mutual Life in 1841, 10 years after

5676-463: The 15th, 16th and 18th. Led Zeppelin 's three-night stand in July 1973 was recorded and released as both a film and album titled The Song Remains The Same . The Police played their final show of their reunion tour at the Garden in 2008. In the summer of 2017, Phish held a 13 night series of concerts called " The Bakers' Dozen ". During which the band played 237 unique songs, repeating none during

5805-536: The 1970s main attraction peak or "heyday": four sold out winter shows at the arena in 1977 (February 18 and December 14–16), and another two shows only this time in summer for a decade-ender in 1979 (July 24–25). They played their final two shows at the venue on the December 1 and 2, 2023, the 50th anniversary year of their formation. Billy Joel , another city-born and fellow 1970's pop star, played his first Garden show on December 14, 1978, with that month's follow ups on

5934-416: The 1990s, the African Burying Ground was discovered; the cemetery included 10,000 to 20,000 graves of colonial-era Africans, some enslaved and some free. The 1735 trial and acquittal in Manhattan of John Peter Zenger , who had been accused of seditious libel after criticizing colonial governor William Cosby , helped to establish freedom of the press in North America . In 1754, Columbia University

6063-418: The 19th century, the city was transformed by both commercial and residential development relating to its status as a national and international trading center , as well as by European immigration, respectively. The city adopted the Commissioners' Plan of 1811 , which expanded the city street grid to encompass almost all of Manhattan. The 1825 completion of the Erie Canal through central New York connected

6192-581: The 2012–13 NHL and NBA seasons. Phase 3, which involved the construction of the new lobby known as Chase Square, the Chase Bridges on the 10th floor, and the new scoreboard, was completed for the 2013–14 NHL and NBA seasons. Madison Square Garden is seen as an obstacle in the renovation and future expansion of Penn Station , which expanded in 2021 with the opening of Moynihan Train Hall at the James Farley Post Office , and some have proposed moving MSG to other sites in western Manhattan. On February 15, 2013, Manhattan Community Board 5 voted 36–0 against granting

6321-430: The 2013 acquisition of Dexia Asset Management, later renamed Candriam Investors Group, New York Life Investments became one of the largest asset managers worldwide, with access to markets in Europe, Asia and Australia, in addition to the United States. In November 2021, the company announced that company president Craig DeSanto was replacing CEO Ted Mathas. The transition was finalized in April 2022, and Mathas stayed with

6450-477: The 2014 MAS Summit in New York City. More plans for the station were discussed. Then, in January 2016, New York Governor Andrew Cuomo announced a redevelopment plan for Penn Station that would involve the removal of The Theater at Madison Square Garden , but would otherwise leave the arena intact. In June 2023, nearing the end of the Garden's ten-year permit granted by the city, the Metropolitan Transportation Authority , along with Amtrak and NJ Transit , filed

6579-463: The 34-story skyscraper in 1929. Later that year, New York Life's assets survived the stock market crash ; state regulation and company investing policy had led New York Life to invest in government bonds and real estate, not common stocks. Following World War II , New York Life further diversified; it invested in real estate development in the late 1940s and launched a mortgage-loan program for veterans in 1946. In 1957, New York Life hired one of

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6708-409: The British occupation began, the Great Fire of New York destroyed nearly 500 buildings, about a quarter of the structures in the city, including Trinity Church . In January 1785, the assembly of the Congress of the Confederation made New York City the national capital. New York was the last capital of the U.S. under the Articles of Confederation and the first capital under the Constitution of

6837-410: The Bronx , and Staten Island . Anchored by Wall Street in the Financial District, Manhattan , New York City has been called both the world's premier financial and fintech center and the most economically powerful city in the world. As of 2022 , the New York metropolitan area is the largest metropolitan economy in the world , with a gross metropolitan product of over US$ 2.16 trillion. If

6966-409: The City of New York over the proposed West Side arena , which was canceled. Cablevision then announced plans to raze the Garden, replace it with high-rise commercial buildings, and build a new Garden one block away at the site of the James Farley Post Office . Meanwhile, a new project to renovate and modernize the Garden completed phase one in time for the Rangers and Knicks ' 2011–12 seasons, though

7095-399: The County of New York (which then included parts of the Bronx), the County of Richmond, and the western portion of the County of Queens. The opening of the New York City Subway in 1904, first built as separate private systems, helped bind the new city together. Throughout the first half of the 20th century, the city became a world center for industry, commerce, and communication. In 1904,

7224-459: The Dutch West India Company relinquished its monopoly over the fur trade, leading to growth in the production and trade of food, timber, tobacco, and slaves (particularly with the Dutch West Indies ). In 1647, Peter Stuyvesant began his tenure as the last Director-General of New Netherland. During his tenure, the population of New Netherland grew from 2,000 to 8,000. Stuyvesant has been credited with improving law and order; however, he earned

7353-413: The Dutch colonial Director-General Peter Minuit , as charged by the Dutch West India Company , purchased the island of Manhattan from the Canarsie , a small Lenape band, for "the value of 60 guilders " (about $ 900 in 2018). A frequently told but disproved legend claims that Manhattan was purchased for $ 24 worth of glass beads. Following the purchase, New Amsterdam grew slowly. To attract settlers,

7482-478: The Dutch instituted the patroon system in 1628, whereby wealthy Dutchmen ( patroons , or patrons) who brought 50 colonists to New Netherland would be awarded land, local political autonomy, and rights to participate in the lucrative fur trade. This program had little success. Since 1621, the Dutch West India Company had operated as a monopoly in New Netherland, on authority granted by the Dutch States General . In 1639–1640, in an effort to bolster economic growth,

7611-404: The MSG Hall of Fame in 1977 for "record attendance of 140,000" in June of that year. For their accomplishment of "13 sell-out concerts" at the venue, the Rolling Stones were inducted into the MSG Hall of Fame in 1984, along with nine sports figures icons, bringing the hall's membership to 107. The walkway leading to the arena of Madison Square Garden was designated as the "Walk of Fame" in 1992. It

7740-427: The Madison Concourse, remains on the sixth floor. The upper bowl concourse was relocated to the eighth floor and it is known as the Garden Concourse. The seventh floor houses the new Madison Suites and the Madison Club. The upper bowl was built on top of these suites. The rebuilt concourses are wider than their predecessors, and include large windows that offer views of the city streets around the Garden. Construction of

7869-441: The Madison Square Garden Company. The MSG Company split into two entities in 2020, with the Garden arena and other non-sports assets spun off into Madison Square Garden Entertainment and the Rangers and Knicks remaining with the original company, renamed Madison Square Garden Sports . Both entities remain under the voting control of James Dolan and his family. The arena is also host to the Big East men's basketball tournament and

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7998-420: The Native Americans and epidemics brought on by contact with the Europeans caused sizeable population losses for the Lenape between 1660 and 1670. By 1700, the Lenape population had diminished to 200. New York experienced several yellow fever epidemics in the 18th century, losing ten percent of its population in 1702 alone. In the early 18th century, New York grew in importance as a trading port while as

8127-405: The New York metropolitan area were its own country , it would have the tenth-largest economy in the world . Despite having a 24/7 rapid transit system , New York also leads the world in urban automobile traffic congestion . The city is home to the world's two largest stock exchanges by market capitalization of their listed companies: the New York Stock Exchange and Nasdaq . New York City

8256-399: The Pennsylvania Station structure—an outstanding example of Beaux-Arts architecture —led to the creation of the New York City Landmarks Preservation Commission . The venue opened on February 11, 1968. Comparing the new and the old Penn Station, Yale architectural historian Vincent Scully wrote, "One entered the city like a god; one scuttles in now like a rat." In 1972, Felt proposed moving

8385-406: The Rangers have played neutral-site games—even those in New York City, such as the 2018 NHL Winter Classic , they have always been designated as the visiting team. The tax agreement includes an act of God clause, which allowed Knicks and Rangers home games to be played elsewhere during the 2020 NBA Bubble and 2020 Stanley Cup playoffs , respectively, because of the COVID-19 pandemic . In 1984,

8514-578: The Revolutionary War and escaped slaves, a significant free-Black population gradually developed in Manhattan. The New York Manumission Society worked for abolition and established the African Free School to educate Black children. It was not until 1827 that slavery was completely abolished in the state . Free Blacks struggled with discrimination and interracial abolitionist activism continued. New York City's population jumped from 123,706 in 1820 (10,886 of whom were Black and of which 518 were enslaved) to 312,710 by 1840 (16,358 of whom were Black). Also in

8643-413: The Rolling Stones (1981), Elton John (1982), Yes (1984), Billy Joel (1984), the Grateful Dead (1987), and Madonna (2004). The Madison Square Garden Hall of Fame honors those who have demonstrated excellence in their fields at the Garden. Most of the inductees have been sports figures, however, some performers have been inducted as well. Elton John was reported to be the first non-sports figure inducted into

8772-411: The United States , located at the southern tip of New York State on one of the world's largest natural harbors . The city comprises five boroughs , each coextensive with a respective county . The city is the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area , the largest metropolitan area in the U.S. by both population and urban area . New York

8901-415: The United States . As the U.S. capital, New York City hosted the inauguration of the first President, George Washington , and the first Congress , at Federal Hall on Wall Street . Congress drafted the Bill of Rights there. The Supreme Court held its first organizational sessions in New York in 1790. In 1790, for the first time, New York City surpassed Philadelphia as the nation's largest city. At

9030-436: The United States . As many as 800 languages are spoken in New York City, making it the most linguistically diverse city in the world. In 2021, the city was home to nearly 3.1 million residents born outside the U.S., the largest foreign-born population of any city in the world. New York City traces its origins to Fort Amsterdam and a trading post founded on Manhattan Island by Dutch colonists around 1624. The settlement

9159-416: The United States. New York City has more than double the population of Los Angeles , the nation's second-most populous city. With more than 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York City is one of the world's most populous megacities . The city and its metropolitan area are the premier gateway for legal immigration to

9288-723: The area for France and named it Nouvelle Angoulême (New Angoulême ). A Spanish expedition, led by the Portuguese captain Estêvão Gomes sailing for Emperor Charles V , arrived in New York Harbor in January 1525 and charted the mouth of the Hudson River , which he named Río de San Antonio ('Saint Anthony's River'). In 1609, the English explorer Henry Hudson rediscovered New York Harbor while searching for

9417-412: The arena was sold to Gulf and Western Industries . Felt's efforts fueled controversy between the Garden and New York City over real estate taxes. The disagreement again flared in 1980 when the Garden again challenged its tax bill. The arena has enjoyed tax-free status since the 1980s, under the condition that all Knicks and Rangers home games must be hosted at MSG, lest it lose this exemption. As such, when

9546-548: The beginning of the 1990s. By the mid-1990s, crime rates started to drop dramatically due to revised police strategies, improving economic opportunities, gentrification , and new residents, both American transplants and new immigrants from Asia and Latin America. New York City's population exceeded 8 million for the first time in the 2000 United States census ; further records were set in 2010 , and 2020 U.S. censuses. Important new sectors, such as Silicon Alley , emerged in

9675-587: The business elite lobbied for the establishment of Central Park , which in 1857 became the first landscaped park in an American city. The Great Irish Famine brought a large influx of Irish immigrants, of whom more than 200,000 were living in New York by 1860, representing over a quarter of the city's population. Extensive immigration from the German provinces meant that Germans comprised another 25% of New York's population by 1860. Democratic Party candidates were consistently elected to local office, increasing

9804-613: The city from New Jersey. The East River—a tidal strait —flows from Long Island Sound and separates the Bronx and Manhattan from Long Island. The Harlem River , another tidal strait between the East and Hudson rivers, separates most of Manhattan from the Bronx. The Bronx River , which flows through the Bronx and Westchester County , is the only entirely freshwater river in the city. The city's land has been altered substantially by human intervention, with considerable land reclamation along

9933-439: The city rapidly replaced Wuhan , China as the global epicenter of the pandemic during the early phase, straining the city's healthcare infrastructure. Through March 2023, New York City recorded more than 80,000 deaths from COVID-19-related complications. New York City is situated in the northeastern United States , in southeastern New York State, approximately halfway between Washington, D.C. and Boston . Its location at

10062-576: The city's economy. The advent of Y2K was celebrated with fanfare in Times Square . New York City suffered the bulk of the economic damage and largest loss of human life in the aftermath of the September 11, 2001, attacks . Two of the four airliners hijacked that day were flown into the twin towers of the World Trade Center, resulting in the collapse of both buildings and the deaths of 2,753 people, including 343 first responders from

10191-794: The city's ties to the South and its dominant party. In 1861, Mayor Fernando Wood called on the aldermen to declare independence from Albany and the United States after the South seceded, but his proposal was not acted on. Anger at new military conscription laws during the American Civil War (1861–1865), which spared wealthier men who could afford to hire a substitute, led to the Draft Riots of 1863 , whose most visible participants were ethnic Irish working class. The draft riots deteriorated into attacks on New York's elite, followed by attacks on Black New Yorkers after fierce competition for

10320-402: The claims process for missing persons in the wake of the September 11 attacks . Fearful of the stability of the market during the two years prior to the financial crisis of 2007–2008 , New York Life moved its cash into other investments such as treasury bonds . In the ensuing financial crisis, New York Life Insurance Company rejected assistance from the U.S. Treasury Department . Following

10449-633: The colony and allowed for religious freedom. In 1667, during negotiations leading to the Treaty of Breda after the Second Anglo-Dutch War , the victorious Dutch decided to keep the nascent plantation colony of what is now Suriname , which they had gained from the English, and in return the English kept New Amsterdam. The settlement was promptly renamed "New York" after the Duke of York (the future King James II and VII). The duke gave part of

10578-622: The colony to proprietors George Carteret and John Berkeley . On August 24, 1673, during the Third Anglo-Dutch War , Anthony Colve of the Dutch navy seized New York at the behest of Cornelis Evertsen the Youngest and rechristened it "New Orange" after William III , the Prince of Orange . The Dutch soon returned the island to England under the Treaty of Westminster of November 1674. Several intertribal wars among

10707-473: The company as a non-executive chairman. As of 2016, New York Life Insurance Company was the country's third-largest life insurance company. A mutual insurance company, New York Life is owned by its policyholders and has no outside shareholders. As a mutual, New York Life distributes a portion of its earnings to eligible policyholders as annual dividends. As of 2016, the company has paid a dividend every year since 1854. Through Seguros Monterrey New York Life,

10836-480: The company became the first US-based insurance provider to offer life insurance to women at the same cost as men; social reformer Susan B. Anthony was one of the company's first female policyholders. In 1896, New York Life became the first company to insure people with disabilities or in hazardous occupations. The New York Life Building at 51 Madison Avenue in Manhattan, designed by American architect Cass Gilbert , opened in December 1928. The company moved into

10965-507: The company offers insurance in Mexico. New York Life's core product is whole life insurance , a type of life insurance offering lifelong protection that builds cash value over time. New York Life also sells term life insurance , universal life insurance , variable universal life insurance , long-term care insurance , annuities and disability insurance . The company operates New York Life Direct, selling direct-to-consumer policies, and

11094-418: The day including Aetna and US Life , insured the lives of slaves for their owners. By 1847 these accounted for one‑third of New York Life's policies. The board of trustees voted to end the sale of insurance policies on slaves in 1848. The company also sold policies to soldiers and civilians involved in combat during the American Civil War and paid claims under a flag of truce during that time. In

11223-427: The demolition of the 1964 building to replace it with a new office tower development. After years of planning, Gulf and Western decided against building a new arena in favor of a renovation after estimated costs doubled during the process. Garden owners spent $ 200 million in 1991 to renovate facilities and add 89 suites in place of hundreds of upper-tier seats. The project was designed by Ellerbe Becket . The renovation

11352-417: The development of large housing tracts in eastern Queens and Nassau County , with Wall Street leading America's place as the world's dominant economic power. The United Nations headquarters was completed in 1952, solidifying New York's global geopolitical influence, and the rise of abstract expressionism in the city precipitated New York's displacement of Paris as the center of the art world. In 1969,

11481-406: The end of 1790, the national capital was moved to Philadelphia . During the 19th century, New York City's population grew from 60,000 to 3.43 million. Under New York State's gradual emancipation act of 1799, children of slave mothers were to be eventually liberated but to be held in indentured servitude until their mid-to-late twenties. Together with slaves freed by their masters after

11610-426: The entire run. The Garden commemorated "The Bakers' Dozen" by adding a Phish themed banner to the rafters. With their first MSG show taking place on December 30, 1994, Phish has regularly played annual multi night runs, typically around New Year's Eve. As of January 2024, Phish has performed 83 times at MSG. Elton John once held the all-time record for the greatest number of appearances at the Garden with 64 shows. In

11739-596: The event would be held outdoors for the first time due to the COVID-19 pandemic. The Garden hosted the Stanley Cup Finals and NBA Finals simultaneously on two occasions: in 1972 and 1994. MSG has hosted the following All-Star Games: Mike Krzyzewski recorded two notable milestones at the arena. In 2011, he surpassed Bob Knight as the coach with the most wins NCAA Division I men's basketball history when Duke defeated Michigan State . Four years later,

11868-434: The first life insurance charter was granted in the United States. Originally chartered in 1841, the company also sold fire and marine insurance . The company's first president, James De Peyster Ogden , was appointed in 1845. Nautilus renamed itself New York Life Insurance Company in 1845 to concentrate on its life insurance business. In its early years (1846–1848) the company, along with other insurance companies of

11997-457: The founding of a Dutch fur trading settlement on Governors Island . In 1625, construction was started on a citadel and Fort Amsterdam , later called Nieuw Amsterdam (New Amsterdam), on present-day Manhattan Island. The colony of New Amsterdam extended from the southern tip of Manhattan to modern-day Wall Street , where a 12-foot (3.7 m) wooden stockade was built in 1653 to protect against Native American and English raids. In 1626,

12126-418: The four streets immediately surrounding the Garden were designated as Joe Louis Plaza, in honor of boxer Joe Louis , who had made eight successful title defenses in the previous Madison Square Garden . In April 1986, Gulf and Western announced that they would build a new Madison Square Garden a few blocks away on the site of present-day Hudson Yards . The plan would cost an estimated $ 150 million and included

12255-477: The highest grossing PPV events in history. Madison Square Garden has hosted many notable WWE (formerly WWF and WWWF) events, and it's affectionally known as WWE's "home office". The Garden has hosted three WrestleMania events, including the first edition of the annual marquee event for WWE, as well as the 10th and 20th editions. Madison Square Garden is also one of two venues (the other being Allstate Arena ) to host WrestleMania three times. It also hosted

12384-473: The ice (and its subsequent retreat) contributed to the separation of what is now Long Island and Staten Island. That action left bedrock at a relatively shallow depth, providing a solid foundation for most of Manhattan's skyscrapers. The Hudson River flows through the Hudson Valley into New York Bay . Between New York City and Troy, New York , the river is an estuary . The Hudson River separates

12513-495: The industry's first black agents, Cirilo McSween. In the 1970s, New York Life began selling annuities and mutual funds. In the late 1990s and early 2000s, as other mutual life insurance companies became publicly traded corporations, New York Life remained a mutual company. New York Life entered the Mexican market in 1999 when it acquired Seguros Monterrey from Aetna . New York Life, along with other insurance companies, relaxed

12642-554: The last American stronghold in Manhattan, causing George Washington and his forces to retreat across the Hudson River to New Jersey , pursued by British forces. After the battle, in which the Americans were defeated, the British made the city their military and political base of operations in North America. The city was a haven for Loyalist refugees and escaped slaves who joined the British lines for freedom promised by

12771-489: The late 1800s, the company began employing female agents. New York Life continued to grow throughout its first 100 years as the national population and the market for life insurance increased. New York Life's growth was in part fueled by its introduction of a system by which the company used agents to find new business. In 1892, company President John A. McCall introduced the branch office system: offices that served as liaisons between New York and field agents. In 1894,

12900-605: The lower bowl (Phase 1) was completed in 2011. An extended off-season for the Garden permitted some advance work to begin on the new upper bowl, which was completed in 2012. This advance work included the West Balcony on the tenth floor, taking the place of sky-boxes, and new end-ice 300 level seating. The construction of the upper bowl along with the Madison Suites and the Madison Club (Phase 2) were completed for

13029-419: The most populous urbanized area in the world in the early 1920s, overtaking London . The metropolitan area surpassed 10 million in the early 1930s, becoming the first megacity . The Great Depression saw the election of reformer Fiorello La Guardia as mayor and the fall of Tammany Hall after eighty years of political dominance. Returning World War II veterans created a post-war economic boom and

13158-556: The mouth of the Hudson River , which feeds into a naturally sheltered harbor and then into the Atlantic Ocean , has helped the city grow in significance as a trading port. Most of the city is built on the three islands of Long Island, Manhattan, and Staten Island. During the Wisconsin glaciation , 75,000 to 11,000 years ago, the New York City area was situated at the edge of a large ice sheet . The erosive forward movement of

13287-563: The notion that it would be relocated, and called the plans "pie-in-the-sky". In June 2013, the New York City Council Committee on Land Use voted unanimously to give the Garden a ten-year permit, at the end of which period the owners would either have to relocate or go back through the permission process. On July 24, the City Council voted to give the Garden a 10-year operating permit by a vote of 47–1. "This

13416-496: The only " transgender folks around" during the June 1969 Stonewall riots. The transgender community in New York City played a significant role in fighting for LGBT equality. In the 1970s, job losses due to industrial restructuring caused New York City to suffer from economic problems and rising crime rates. Growing fiscal deficits in 1975 led the city to appeal to the federal government for financial aid; President Gerald Ford gave

13545-658: The operating permit for Madison Square Garden for five years, the shortest ever granted by the city to the Garden. Madison Square Garden hosts approximately 320 events a year. It is the home to the New York Rangers of the National Hockey League, and the New York Knicks of the National Basketball Association. Before 2020, the New York Rangers, New York Knicks, and the Madison Square Garden arena itself were all owned by

13674-490: The renovation. New features include a larger entrance with interactive kiosks, retail, climate-controlled space, and broadcast studio; larger concourses; new lighting and LED video systems with HDTV; new seating; two new pedestrian walkways suspended from the ceiling to allow fans to look directly down onto the games being played below; more dining options; and improved dressing rooms, locker rooms, green rooms, upgraded roof, and production offices. The lower bowl concourse, called

13803-505: The site "has the best acoustics, the best audiences, the best reputation, and the best history of great artists who have played there. It is the iconic, holy temple of rock and roll for most touring acts." The Grateful Dead performed in the venue 53 times from 1979 to 1994, with the first show being held on January 7, 1979, and the last being on October 19, 1994. Their longest run being done in September 1991. The Who have headlined at

13932-480: The square, the original Garden from 1879 to 1890, and the second Garden from 1890 to 1925. The first, leased to P. T. Barnum , was demolished in 1890 because of a leaky roof and dangerous balconies that had collapsed, resulting in deaths. The second was designed by noted architect Stanford White . The new building was built by a syndicate that included J. P. Morgan , Andrew Carnegie , P. T. Barnum , Darius Mills , James Stillman and W. W. Astor . White gave them

14061-611: The station; the Farley Post Office would become an education center. Finally, Diller Scofidio + Renfro proposed a mixed-use development on the site, with spas, theaters, a cascading park, a pool, and restaurants; Madison Square Garden would be moved two blocks west, next to the post office. DS+F also proposed high-tech features in the station, such as train arrival and departure boards on the floor, and apps that would inform waiting passengers of ways to occupy their time until they board their trains. Madison Square Garden rejected

14190-440: The venue 32 times, including a four-night stand in 1974, a five-night stand in 1979, a six-night stand in 1996, and four-night stands in 2000 and 2002. They also performed at The Concert for New York City in 2001. On March 10, 2020, a 50th-anniversary celebration of The Allman Brothers Band titled 'The Brothers' took place, featuring the five surviving members of the final Allman Brothers lineup and Chuck Leavell . Dickey Betts

14319-528: The venue. Since the arena's seating capacity is about 20,000, this would require a minimum of five sold-out shows. Performers who were eligible for the award at the time of its inauguration included Chicago , John Denver , Peter Frampton , the Rolling Stones , the Jackson 5 , Elton John , Led Zeppelin , Sly Stone , Jethro Tull , The Who , and Yes . Graeme Edge , who received his award in 1981 as

14448-676: The vice president of the Garden says he remains committed to the installation of an extension of Penn Station at the Farley Post Office site. While the Knicks and Rangers were not displaced, the New York Liberty played at the Prudential Center in Newark, New Jersey during the renovation. Madison Square Garden is the last of the NBA and NHL arenas not to be named after a corporate sponsor. Madison Square Garden's $ 1 billion second renovation took place mainly over three off-seasons. It

14577-597: The world by pinnacle height, with its spire reaching a symbolic 1,776 feet (541.3 m), a reference to the year of U.S. independence . The Occupy Wall Street protests in Zuccotti Park in the Financial District of Lower Manhattan began on September 17, 2011, receiving global attention and popularizing the Occupy movement against social and economic inequality worldwide. New York City

14706-513: The world. In 1664, New York was named in honor of the Duke of York (later King James II of England ). James's elder brother, King Charles II , appointed the Duke as proprietor of the former territory of New Netherland , including the city of New Amsterdam , when the Kingdom of England seized it from Dutch control. In the pre-Columbian era , the area of present-day New York City

14835-422: Was Juan Rodriguez , a merchant from Santo Domingo who arrived in Manhattan during the winter of 1613–14, trapping for pelts and trading with the local population as a representative of the Dutch colonists. A permanent European presence near New York Harbor was established in 1624, making New York the 12th-oldest continuously occupied European-established settlement in the continental United States , with

14964-566: Was heavily affected by Hurricane Sandy in late October 2012. Sandy's impacts included flooding that led to the days-long shutdown of the subway system and flooding of all East River subway tunnels and of all road tunnels entering Manhattan except the Lincoln Tunnel . The New York Stock Exchange closed for two days due to weather for the first time since the Great Blizzard of 1888 . At least 43 people died in New York City as

15093-539: Was a prime destination in the early 20th century for Blacks during the Great Migration from the American South, and by 1916, New York City had the largest urban African diaspora in North America. The Harlem Renaissance of literary and cultural life flourished during the era of Prohibition . The larger economic boom generated construction of skyscrapers competing in height. New York City became

15222-637: Was announced that New Japan Pro-Wrestling would return to Madison Square Garden alone on August 22, 2020, for NJPW Wrestle Dynasty. In May 2020, NJPW announced that the Wrestle Dynasty show would be postponed to 2021 due to the COVID-19 pandemic . Madison Square Garden hosts more high-profile concert events than any other venue in New York City. It has been the venue for Michael Jackson 's Bad World Tour in 1988, George Harrison 's The Concert for Bangladesh , The Concert for New York City following

15351-487: Was brought from the second and third generation of the Garden, was officially retired on September 19, 2007, and donated to the International Boxing Hall of Fame after 82 years of service. A 20 ft × 20 ft (6.1 m × 6.1 m) ring replaced it beginning on October 6 of that same year. The UFC has hosted many events at Madison Square Garden in recent years and has put on some of

15480-457: Was criticized for perceived corporatization. Additionally, the renovation made bathrooms larger, expanded menus, added a new ventilation system, replaced all of the seats with new cushioned teal and violet seats, and refurbished both home teams' locker rooms. In 2000, current MSG owner James Dolan was quoted as saying that a new arena was being considered as the current building was starting to show its age. In 2004–2005, Cablevision battled with

15609-507: Was established "to recognize athletes, artists, announcers and coaches for their extraordinary achievements and memorable performances at the venue." Each inductee is commemorated with a plaque that lists the performance category in which his or her contributions have been made. Twenty-five athletes were inducted into the MSG Walk of Fame at its inaugural ceremony in 1992, a black-tie dinner to raise money to fight multiple sclerosis. Elton John

15738-862: Was founded. The Stamp Act Congress met in New York in October 1765, as the Sons of Liberty organization emerged in the city and skirmished over the next ten years with British troops stationed there. The Battle of Long Island , the largest battle of the American Revolutionary War , was fought in August 1776 within modern-day Brooklyn. A British rout of the Continental Army at the Battle of Fort Washington in November 1776 eliminated

15867-674: Was home of the NBA draft and NIT Season Tip-Off , as well as the former New York City home of the Ringling Brothers and Barnum and Bailey Circus and Disney on Ice ; all four events are now held at the Barclays Center in Brooklyn . It served the New York Cosmos for half of their home games during the 1983–84 NASL Indoor season . Many of boxing 's biggest fights were held at Madison Square Garden, including

15996-556: Was home to the finals of the National Invitation Tournament from the beginning of its existence up until 2022. It also hosts select home games for the St. John's Red Storm , representing St. John's University in men's college basketball , and almost any other kind of indoor activity that draws large audiences, such as the Westminster Kennel Club Dog Show and the 2004 Republican National Convention . The Garden

16125-534: Was inhabited by Algonquians , including the Lenape . Their homeland, known as Lenapehoking , included the present-day areas of Staten Island , Manhattan , the Bronx , the western portion of Long Island (including Brooklyn and Queens ), and the Lower Hudson Valley . The first documented visit into New York Harbor by a European was in 1524 by explorer Giovanni da Verrazzano . He claimed

16254-477: Was invited to participate but his health precluded him from traveling. This was the final concert at the venue before the COVID-19 pandemic forced its closure. Live shows returned to The Garden when the Foo Fighters headlined a show there on June 20, 2021. The show was for a vaccinated audience only and was the first 100 percent capacity concert in a New York arena since the start of the pandemic. It hosted

16383-468: Was named New Amsterdam in 1626 and was chartered as a city in 1653. The city came under English control in 1664 and was temporarily renamed New York after King Charles II granted the lands to his brother, the Duke of York , before being permanently renamed New York in November 1674. New York City was the U.S. capital from 1785 until 1790. The modern city was formed by the 1898 consolidation of its five boroughs : Manhattan , Brooklyn , Queens ,

16512-523: Was set to begin after the 2009–10 hockey/basketball seasons, but was delayed until after the 2010–11 seasons. Renovation was done in phases, with the majority of the work done in the summer months to minimize disruptions to the NHL and NBA seasons. While the Rangers and Knicks were not displaced, the Liberty played their home games through the 2013 season at Prudential Center in Newark, New Jersey , during

16641-535: Was the first entertainer to be inducted into the MSG Walk of Fame in 1992. Billy Joel was inducted at a date after Elton John, and the Rolling Stones were inducted in 1998. In 2015, the Grateful Dead were inducted into the MSG Walk of Fame along with at least three sports-related figures. New York City New York , often called New York City or NYC , is the most populous city in

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