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Trump admin pushes federal takeover of Penn Station redevelopment
The Trump Administration is threatening a hostile takeover of the MTA-led plan to redevelop Penn Station for $7 billion. The important update was reported by Gothamist, who say: "The move will allow Amtrak and the federal government to pursue a developer for the reconstruction and potential expansion of the station."  The plan, which dates to early 2021 at least, was stalled after the pandemic due to the new financial realities of the CRE market in Midtown. Trump acolyte Justin Shubow and his National Civic Art Society group released their own "classically inspired" alternative design last month that would reposition Madison Square Garden. Many are hoping for a renewal on the order of the 2012 plan for King’s Cross Station in London.
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