Hank Ratner, vice chairman of Madison Square Garden, insists that the delay is the result of taking extra time in the planning phase...
"One thing we don't want to do is have to go back and change it midway through," he said.
Ratner adds that Garden officials had looked at the problems the Yankees faced in selling expensive luxury suites during the recession.
Renderings of the new Garden are also provided.
...didn't I post about this back in December? (See here).