Nadler Demands Transparency on $8 Billion Penn Station Renovation Funding
Updated
Updated · The New York Times · Jul 10
Nadler Demands Transparency on $8 Billion Penn Station Renovation Funding
2 articles · Updated · The New York Times · Jul 10
Summary
Jerrold Nadler said New Yorkers deserve immediate answers on who will pay for Penn Station’s renovation, arguing the project’s $8 billion price tag has not been independently corroborated.
The congressman said the Trump administration has handled the overhaul as a secretive deal, with no clear accounting for major costs including buying and demolishing the Madison Square Garden theater for a new entrance.
Nadler warned the likely outcome is that New York residents and transit riders will be left to shoulder most of the bill for a project he says serves a far broader regional and national public.
Penn Station, the Western Hemisphere’s busiest transit hub, has long needed modernization, and Nadler said the Gateway Tunnel project creates a rare chance to pair expanded rail capacity with a functional station rebuild.