The state says revenue from the new towers can finance the rebuilding of the rail terminal. But the pandemic has upended the need for office space.
Source: New York Times
To Save Penn Station, New York Wants to Build 10 Skyscrapers
Published in 34th Street Partnership, Amtrak, Brewer, Gale A, de Blasio, Bill, Eminent Domain, Empire State Building (Manhattan, NY), Empire State Development Corp, Infrastructure (Public Works), Madison Square Garden, Manhattan (NYC), Metropolitan Transportation Authority, Pennsylvania Station (Manhattan, NY), Railroads, Real Estate (Commercial), Shopping and Retail, Stations and Terminals (Passenger), Subways and Vornado Realty Trust
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