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Originally Posted by KVNBKLYN
2. Phase II is dependent on funding, which would largely come from the sale of the 2 million square feet of air rights to potential adjacent development. The idea is that once this funding is secured, the construction schedule would be shorter than Phase I because it would not affect the trains below. In fact, Phase II would likely run concurrently with Phase I and finish at the same time, so depending on the health of the NYC office market (which seems to be doing pretty well), you could be boarding Amtrak trains from the new hall also in 2016.
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That I did not know, and is great to hear. At the very least, it's a good sign that they have a way to fund Phase II, or at least a large portion of it.
Thanks for info.