The reconstruction of Penn Station’s concourse will move ahead even though the controversial new office towers meant to underwrite the project’s $7 billion price tag likely won’t be built for years…
The reconstruction of Penn Station’s much-maligned concourse will move ahead even though the controversial new office towers meant to underwrite the project’s $7 billion price tag likely won’t be built for years, Gov. Kathy Hochul announced on Monday.
So far, state officials have set aside $1.3 billion for the project — but acknowledged they would have to lock down substantial new federal funding to make up the difference after the COVID-era shift to work-from-home“I want to get this done,” said Gov. Kathy Hochul. “This is the building that I’m focusing on in the here-and-now.”
Hochul and the MTA officials also said they would be soliciting plans from architects and outside firms as it sketches out a more detailed vision of how best to overhaul the Penn Station’s main level — though they expected the broad outlines already sketched by the agency, Amtrak and New Jersey Transit would remain in place.
Those plans call for combining two floors at Penn Station into one unified concourse level, doubling — or more — the heights of the low-slung ceilings throughout the station, which have long been a major source of complaints.Matthew McDermottHochul said she wants to “get this done” despite the state’s plan to get funding from building office towers being put on the shelf.
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