NY’s Hochul Scraps Plan to Build New Office Spaces From Penn Station Rehab Plan
- State to accept design proposals for oft-criticized venue
- Hochul ‘decoupling’ from earlier plans to build office space
New York Governor Kathy Hochul is scrapping a plan to build new office space near Penn Station and instead focusing — for now — on renovating the much-maligned and busiest US passenger rail facility.
Prior rehabilitation plans included developing high-rise office buildings in the neighborhood that could help finance revamping Penn Station at an estimated cost of $7 billion.