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 Garden Bowl Carnera also captured the heavyweight crown in the 1930s at the Madison Square Garden Bowl. It was known as the "Jinx Bowl" because no titleholder ever successfully defended his title there. The bowl was torn down during World War II to make way for a US Army Mail Depot. It, in turn, was torn down and the area is now home to a Major World used car dealership and strip mall. Madison Square Garden Bowl Madison Square Garden Bowl was the name of an outdoor arena in the New York City borough of Queens. Built in 1932, the arena hosted