Cuomo proposes $16B rebuild of Penn Station

In his annual state-of-the-state address, New York Gov. Andrew Cuomo yesterday called for a $306 billion infrastructure plan that includes a project to reconstruct Penn Station in Manhattan.

The New York Penn Station project would build on the development of Moynihan Train Hall, which opened across the street from the station on Jan. 1. Cuomo proposed the state start on a comprehensive $16 billion project to reconstruct the existing station and add track capacity as part of developing the Empire Station Complex.

"By acquiring property south of Penn Station, we can expand the complex to 40 percent more train capacity and at least eight additional underground tracks to cut down on delays and improve operations for the more than 600,000 passengers [the station] serves daily," Cuomo said in a press release.