Move to restart stalled Penn station project
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New York
NEW York Governor Andrew Cuomo is considering a bold move to restart the long-stalled plan to transform Midtown Manhattan's blocklong general post office into a US$900 million transit and commercial hub for Pennsylvania Station: jettisoning the developers, Related Cos and Vornado Realty.
The developers, selected for the project known as Moynihan Station in 2005, tried twice to move Madison Square Garden into the James A Farley Post Office. They also failed in attempts to lure a community college and CBS to the post office, which is across Eighth Avenue from the Garden and Penn Station.
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