Public Authorities Control Board OKs Moynihan Phase 1By
The New York State Public Authorities Control Board has approved Phase 1 of the Moynihan Station project. The vote today is a significant step forward as four years ago, the same board blocked then-Governor Pataki’s plan for the station. With a significant amount of federal funds in place and plans for the station complex broken up into the cheaper Phase 1 and the most costly Phase 2, the early work can go forward while the state scrounges up the dollars for the $1.5 billion Penn Station expansion.
Phase 1 of the Moynihan Station plan is a $267 million cosmetic and infrastructure project. It involves building two entrances to Penn Station, dropping 13 new “vertical access points” to the platforms, and widening some underground concourses. The Empire State Development Corporation had signed off on it in March.