However, the roofless Garden was hot in the summertime and freezing in the wintertime. Vanderbilt eventually sold what "Harper's Weekly" called his "patched-up, grimy, drafty, combustible old shell" to a syndicate that included J. P. Morgan, Andrew Carnegie, James Stillman and W. W. Astor, who closed it to build a new arena designed by noted architect Stanford White. Demolition began in July 1889, and the second Madison Square Garden, which cost more than a half-million dollars to build, opened on June 6, 1890. It was demolished in 1926, and the New York Life Building, designed by Cass Gilbert and completed in 1928, replaced it on the site.