Madison Square Garden 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 a new location, on 8th 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
Madison Square Mall remain in the Huntsville area. With the closure of Sears and JCPenney, Madison Square Mall permanently closed on January 29, 2017. Demolition of the former mall began on February 6, 2017. The property will be redeveloped into MidCity Huntsville with Phase 1 slated to open in late 2017. Madison Square Mall Madison Square Mall was the largest enclosed shopping center in Huntsville, Alabama encompassing over . It was also the oldest extant enclosed shopping mall (after The Heart of Huntsville Mall closed) in the city until its closure in 2017. The mall was located on the corner of University Drive