Independent Budget Office

James Dolan and Madison Square Garden (Getty)

MSG’s 40-year tax break cost city $1B: watchdog

Report comes as arena’s operating permit comes up for debate

New York’s Independent Budget Office thinks a slump in tax revenue will last until 2023 (iStock)

NYC will take 3 years to come back: watchdog

Independent Budget Office predicts slump in real estate, other taxes into 2023

City could lose out on $14B in tax revenue: report

City could lose out on $14B in tax revenue, 500K jobs: report

Hotel occupancy tax could take the biggest hit