By the mid-1920s, the Ringling Circus had some 700 horses and 50 elephants. John Ringling, the remaining brother, worked with Tex Rickard to build a new Madison Square Garden on 8th Ave between 49th and 50th streets. Sarasota's John Ringling Built Madison Square Garden III on 8th Ave between 49th and 50th Streets in Manhattan NYC in 1925. John Ringling Died in NYC Dec 2nd, 1936 at his home, he was 70. In the 1920's in New York City, Yankee Stadium may be the 'House that Ruth Built', but Madison Square Garden III is definitely the 'Garden That Ringling Built'. In reality if not for Sarasota's John Ringling Madison Square Garden (MSG III) would never have been built, he financed the deal and later became the principal owner and vice president of Madison Square Garden III. In May of 1922, the Yankees broke ground on their own ballpark, on 10 acres just across the Harlem River and in view of the Polo Grounds. The new ballpark was built quickly, as construction ...