James Dolan’s plan to build futuristic orb-like entertainment amphitheaters around the globe is coming under attack.
Dolan, who owns the New York Knicks, saw support for his ambitious new project start to fizzle Tuesday after executives of his entertainment company, Madison Square Garden, said the first high-tech orb could cost half a billion dollars more than forecast.
That, combined with disappointing MSG earnings, sent shares of the Radio City Music Hall owner into their worst decline in the stock’s four-year history.
One investor was so livid, he told The Post he wants Dolan to just walk away from the costly construction project.