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Published 2 years ago

Funding for Penn Station Plan Could Fall $3 Billion Short, Report Says

Summary by Ground News
A new report, commissioned by an Albany watchdog group, is the latest volley in an intensifying debate over one of the nation's most ambitious development projects. Gov. Kathy Hochul has called for the project to be fast-tracked, saying it would transform Penn Station from a hellhole into a modern, spacious transit hub.

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Crain's NYCrain's NY

Penn Station renovation plan could fall $6B short, watchdog group says

Lackluster demand for office space might imperil the dismal transit hub’s rebirth

2 years ago
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