Penn Station, NY.
NEW YORK CITY – New York State Gov. Andrew Cuomo has announced that Pennsylvania Station is going to see a well-needed expansion with an additional eight new tracks upon the acquisition of an entire block in Manhattan.
The expansion proposal would increase the hub's train capacity by 40% and accommodate an additional 175,000 daily passengers to the more than 600,000 commuters utilizing the train hub in Midtown Manhattan. Currently, Penn Station has several subway lines and three railroads—the Long Island Rail Road, NJ Transit and Amtrak.
Cuomo said the state would acquire the block sitting beneath the Madison Square Garden arena, which is south of the current station and stretches from Seventh Avenue to Eighth Avenue between West 30th and West 31st streets. State officials and real-estate owners on the block are in negotiation about the acquisition of the properties, according to Cuomo.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
