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Gov. Cuomo Announces $3 Billion Transformation Plan for New York Penn Station

New York Gov. Andrew Cuomo unveiled proposals Jan. 6 for the $3 billion Empire Station Complex project, which would transform New York's Penn Station and the historic James A. Farley Post Office into a world-class transportation hub.

The project features significant passenger improvements including upgraded amenities, natural light, increased train capacity and decreased congestion, and better signage. It will be expedited by a public-private partnership in order to break ground this year and complete substantial construction within the next three years.

“Penn Station is the heart of New York’s economy and transportation network, but it has been outdated, overcrowded, and unworthy of the Empire State for far too long,” Cuomo said. “We want to build Penn Station to be better than it ever was and that is exactly what we are going to do. This proposal will fundamentally transform Penn Station for the 21st century and we are excited to move forward with the project in the days to come.”

Major components of the Empire Station Complex project include a dramatic renovation of the existing Penn Station facility to widen existing corridors, reconfigure ticketing and waiting areas and improve connectivity between the lower levels and street level and redevelopment of the Farley Post Office, located across Eighth Avenue from Penn Station, as a state-of-the-art train hall for Amtrak that also provides services for MTA Long Island Rail Road, New Jersey Transit Corporation and the new Air Train to LaGuardia Airport. Construction has already begun beneath the Farley Building through a project originally called Moynihan Station.
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