According to Sports Illustrated, the Big Ten Tournament will be moved to Madison Square Garden in 2018. This will not be affecting the location of the Big East Tournament, however. The B1G plans on having their tourney the week before the Big East.
The Big Ten Tournament will be taken quite a ride in the next few years. Between 2015 and 2018 it will move from Chicago, IL, Indianapolis, IN, Washington D.C. and now New York, New York.
B1G commissioner Jim Delaney decided on this change in an effort to create a more East Coast-centered media presence. According to the article, Delaney has a known affinity for New York and has long admired college basketball on its stage.
One of the issues that arises from the change to MSG is the gap between the conclusion of the postseason tourney and the start of March Madness. Because the Big East Tournament will occur between then, the Big Ten schools will see over a week of rest. This could mean hot teams in the tournament cool off in the almost-two week break.
The metropolitan area will see a lot of NCAA action in early-to-mid March, as the ACC also finalized plans to host its conference tournament at the Barclays Center in Brooklyn, NY.