The 1994–95 NBA season was the 49th season for the New York Knicks in the National Basketball Association. During the offseason, the Knicks acquired Doug Christie from the Los Angeles Lakers. However, injuries would limit Christie to just twelve games. The Knicks posted a 55–27 record in the Atlantic Division, and finished in second place, two games behind the Orlando Magic. By earning the #3 seed in the Eastern Conference, the Knicks qualified for the NBA Playoffs for the eighth consecutive season.Patrick Ewing was selected for the 1995 NBA All-Star Game.John Starks led the league with 217 three-point field goals, and became the first player ever to reach up to 200 three-pointers in a single season. Power forward Anthony Mason was named Sixth Man of the Year.

In the first round of the 1995 NBA Playoffs, the Knicks defeated the 6th-seeded Cleveland Cavaliers three games to one, advancing to the Eastern Conference Semifinals. The Knicks lost Game 1 of their series to the Indiana Pacers, as Reggie Miller scored eight points in the final 18.7 seconds to bring the Pacers back from a six-point deficit. The Pacers gained a 3–1 series edge, before the Knicks won two straight games to force a seventh game at Madison Square Garden. With the Knicks down by two points in the final seconds, Ewing had a chance to send the game to overtime, but missed his driving layup attempt as the Pacers advanced to the Eastern Conference Finals. Following the season, Pat Riley quit as head coach to take over the coaching job with the Miami Heat,Greg Anthony left in the 1995 NBA Expansion Draft, and Anthony Bonner was released.

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