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New York Governor Announces $7 Billion Plan to Overhaul Penn Station

  • Governor Kathy Hochul announced plans to overhaul New York City's Pennsylvania Station.
  • The development of office towers in Midtown Manhattan will proceed separately from the renovation of the station.
  • The proposed $7 billion overhaul will go forward regardless of whether office towers are also developed.
  • The station is the busiest transit hub in the U.S., serving up to 600,000 daily commuters and travelers before COVID-19.
  • The MTA will invite architects, engineers and design firms to submit ideas for improving the station.
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