Updated
Updated · Newsday · Jun 8
Amtrak Unveils $8 Billion Penn Station Plan as MTA Rejects Partnership
Updated
Updated · Newsday · Jun 8

Amtrak Unveils $8 Billion Penn Station Plan as MTA Rejects Partnership

3 articles · Updated · Newsday · Jun 8

Summary

  • $8 billion is the expected cost of Amtrak’s Penn Station overhaul, which it says the MTA has declined to join as a project partner despite NJ Transit signing on.
  • 220,000 square feet of open space would be created through wider platforms, new concourses and a new Eighth Avenue train hall built after acquiring and demolishing the 5,300-seat Infosys Theater at Madison Square Garden.
  • Amtrak’s Andy Byford said MTA participation would not weaken the agency’s lease rights and would better serve Long Island Rail Road riders, who make up a large share of Penn’s 600,000 daily users.
  • The dispute follows the Trump administration’s takeover of the redevelopment from the MTA a year ago; MTA chief Janno Lieber has said the agency is willing to participate but will not surrender existing lease protections.

Insights

With New York refusing to pay more, can the $8 billion federal budget truly deliver a new Penn Station without future cost overruns?
As two transit giants clash, will Penn Station's $8 billion revival actually improve the daily commute for its 600,000 riders?