New York Advances Plan to Redevelop Area Near Penn Station
The Moynihan Train Hall at Pennsylvania Station.
Photographer: Mark Kauzlarich/BloombergThis article is for subscribers only.
New York state is moving forward with a plan to redevelop the area around Pennsylvania Station, a major project that could reshape midtown Manhattan.
Empire State Development has adopted a draft plan to develop eight sites around the transit hub, which would result in 10 mixed-used buildings with about 20 million square feet (roughly 1.9 million square meters) of offices, retail, hotel and potentially residential space.