It appears that Gov. Andrew Cuomo’s plans for Penn Station may already be off track.
Two weeks ago the governor said that a major overhaul of the dated station would begin that week, with the issuance of a request for proposals to redevelop the station and the Farley Post Office across the street. But the RFP has yet to be issued and it’s not clear why, Politico reported. The governor’s office has referred questions to Empire State Development, which wouldn’t comment on the RFP.
The delay doesn’t bode well for an action plan billed as a swift answer to the long-delayed redevelopment project, previously headed by Vornado Realty Trust and the Related Cos. Cuomo said the $3 billion project will be completed over the next three years. The project is part of a proposed $100 billion initiative to upgrade the state’s infrastructure. The governor has also proposed a $1 billion expansion of the Javits Center. [Politico] — Kathryn Brenzel
Source: The Real Deal