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Originally Posted by aquablue
What a joke.
Anyway, at least we know that Bloomie would rather spend billions on connecting NJ with NY then fixing Penn or something that would be of real value to NYers.
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Connecting NJ with NY? That would be Penn Station. The Plan to get subway service from NJ to Manhattan also would be of "real value", as it would get more cars off the roads, creating less congestion in Manhattan (as well as Penn Station itself). It also would have the added bonus of creating service to Grand Central beyond just the West Side.
http://online.wsj.com/article/SB1000...106861834.html
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Representatives for the two real-estate firms that share development rights at Moynihan Station, Vornado Realty Trust and Related Cos., didn't respond to requests for comment.
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What's lost in the conversation is the massive improvement or rebuilding of Penn Station itself that was supposed to be planned by the developer's in exchange for the development rights. Even when plans to put huge towers on site were abandoned, the developers still intended to rebuild or improve the station. The development rights are now supposed to be transfered to the surrounding area (due to MSG's not moving) but there is no resolution on that, so it remains to be seen how much if any the developers will put into rebuilding Penn Station. Meanwhile, when work commences on the 15 Penn Plaza development, the passageway that connects Penn Station to the PATH terminal and other subway lines a block away will be reopened and expanded, providing better circulation both above (street level) and below to the east. There is also talk of closing 33rd street to fraffic for a block or two west.