Inflation pushes MSG Sphere price tag to $2.18B
Abstract
The completion date remains on track to open in the second half of 2023, says David Byrnes. Actual construction costs incurred through Sept. 30 reached about $1.78 billion, including approximately $226 million of accrued, unpaid expenses. MSG expects to fund the remaining construction costs from cash on hand, including savings from a cost reduction plan. The project will have a capacity of 17,500 seats, expandable to 20,000 with standing room.
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