The Garden is best known for the New York Knicks (basketball) and New York Rangers (ice hockey), professional sports teams that play their home matches in the arena. It is also the location of the circus when it comes to New York City, and almost any other kind of indoor activities that draw large audiences. It is also known for its place in the history of boxing. Many of boxing's most important fights were held at the Madison Square Garden, including many of Joe Louis, the Roberto Duran-Ken Buchanan affair, and the first Joe Frazier-Muhammad Ali bout. Before promoters such as Don King and Bob Arum moved boxing to Las Vegas, the Madison Square Garden was considered the Mecca of boxing.
It was originally built for the sport of track cycling, which is still remembered in the name of the Madison event, which was first conducted in the Madison Square Garden.
On February 11, 1968 Madison Square Garden III closed and Madison Square Garden IV opened.
William Henry Vanderbilt officially renamed Gilmore's Garden (which it was previously officially known, having originally been dubbed the "Monster Hippodrome" in 1866 by P.T. Barnum) to Madison Square Garden and reopened the facility to the public on May 30, 1879 at 26th Street and Madison Avenue. The second Madison Square Garden, designed by Stanford White, opened at this site in 1890 and remained until the third Garden opened in 1925.
Notable Firsts at the Garden