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Moynihan Station Debate Continues

NEW YORK CITY-Assembly Speaker rejects plans but offers two of his own to include the expansion of Madison Square Garden in the overall plans.

By Katie Hinderer | Updated on October 18, 2006

NEW YORK CITY-The Public Authorities Control Board failed to reach a needed consensus on the Moynihan Station project yet again, throwing plans into limbo.

The PACB, consisting of Gov. George Pataki, Assembly Speaker Sheldon Silver and Senate Majority Leader Joseph Bruno, needs to unanimously approve a project before it can move forward. But Silver, after postponing the vote two weeks ago and failing to show up for last week’s emergency session (as reported by GlobeSt.com), voted against the project today. He finds fault in the current plan saying it does not meet the needs of the area and as a result he will not support the proposal.

Late Tuesday afternoon, Pataki issued a letter to Silver urging him to approve the $900-million plan and gave yesterday as the final deadline. Pataki added that the state would “have no realistic choice but to invalidate the existing award,” referring to the federal and local government money that has been allotted for the project. The governor continued, “It would erode the confidence of our state and federal partners, it will put at risk existing funds, result in the expiration of our option to purchase the Farley Building and will betray the memory of the project namesake.”

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