Item 2. Properties
Item 2. Properties
We license The Garden, which has a maximum capacity of approximately 19,800 seats for New York Knicks games and approximately 18,000 seats for New York Rangers games, from MSG Entertainment in New York City pursuant to the Arena License Agreements.
We own the Madison Square Garden Training Center in Greenburgh, NY with approximately 114,000 square feet of space. In addition, we lease the CLG Performance Center in Los Angeles, CA with approximately 8,000 square feet.
In connection with the MSGE Distribution , the Company entered into a Sublease Agreement with MSG Entertainment for office space of approximately 7,000 square feet housing the Company’s administrative and executive offices at Two Pennsylvania Plaza in New York City.
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