Penn Station

January 21, 2016

Amtrak Estimates Penn Station and Hudson River Tunnel Projects Will Cost $24B

When Governor Cuomo announced his $3 billion revamp of Penn Station earlier this month, skeptics were quick to point out that all the glassy new structures and reconfiguration of waiting rooms won't do anything to help the fact that the Hudson River rail tunnels are crumbling. Clearly on the same page, Amtrak announced yesterday a detailed overview of the entire infrastructure project, and it comes in at a whopping $23.9 billion. According to the Times, "the largest share of about $7.7 billion [will go towards] building the new Hudson tunnel and repairing the existing tunnel. The project includes a host of other elements, including expanding Pennsylvania Station in Manhattan at an estimated cost of $5.9 billion, and replacing rail bridges in New Jersey."
Find out more

January 7, 2016

Renderings Revealed for Governor Cuomo’s $3B Penn Station Overhaul

By Dana Schulz

6sqft asked readers yesterday if Governor Cuomo would finally be able to get the Penn Station overhaul off the ground, after various news outlets reported that he would be announcing a plan to do just this. The majority of you said it wasn't going to happen, but it looks like the long-envisioned project has just gotten one step closer to reality. During a press conference yesterday at Madison Square Garden, the Governor revealed that he'll be heading up a major revamp of Penn Station, which he called "un-New York," according to Gothamist. The more than $3 billion redevelopment has been dubbed the Empire Station Complex, and a request for proposals will go out this week, due back in 90 days (not good news for the decade-old deal with developers Related Cos. and Vornado Realty). As expected, it includes the long-stalled Moynihan Station project that will convert the adjacent Farley Post Office into a large waiting area, similar in size to the main room at Grand Central. This will increase the size of the nation's busiest transit hub by 50 percent and will connect to the current station by a network of underground tunnels. Though several options are on the table for a redesign, the renderings released by the Governor's office show a glassy and light structure that's quite unlike the current space that Cuomo described as "dark, constrained, ugly, a lost opportunity, a bleak warren of corridors… a miserable experience and a terrible first impression."
More details and renderings ahead

January 6, 2016

POLL: Can Governor Cuomo Finally Get the Penn Station Overhaul off the Ground?

By Dana Schulz

After chatter last month that the state may reboot the plan to expand Penn Station into the adjacent Farley Post Office, the Wall Street Journal is now reporting that Governor Cuomo will announce this week a full overhaul for the nation’s busiest transit hub. It’s expected that his plan will indeed include the projected $900 million post office redevelopment […]

Real Estate Trends

December 9, 2015

The Penn Station Atlas Wants to Make the Awful Space Less Confusing

By Dana Schulz

"The concept behind this project is simple but powerful: a user-centric atlas of a complex space – a unique set of maps designed to help anyone easily find the best way to their destination in Penn Station." Designer John Schettino realized that even though he traveled through Penn Station every day, he'd still find himself lost in the labyrinth that has become one of New Yorkers' most loathed destinations. So he studied maps of the underground station and observed how people interacted with the space to create the New York Penn Station Atlas. The project uses 2D and 3D models that make up a set of maps to show general layout, key locations, and routes for getting from one point to another. Schettino, with a boost from the Municipal Art Society, hopes all these resources will become available for electronic devices at no cost.
Plenty more details this way

June 3, 2015

Starchitecture Firm Snøhetta Will Design Vornado’s Penn Station Area Overhaul

By Dana Schulz

Back in April, we learned that Vornado Realty Trust was hoping to pour hundreds of millions of dollars into revitalizing the Penn Station area with new retail space, public plazas, and other infrastructure. Now, Crain's reports that the developer has tapped Oslo-based starchitecture firm Snøhetta to handle the overhaul's master plan, the same architects responsible for the 9/11 Memorial Museum Pavilion and the public plaza in Times Square. Snøhetta will be responsible for creating a "framework" for both Vornado's Penn Plaza buildings and the surrounding street-level spaces. And in a similar vein to the recently approved One Vanderbilt scheme at Grand Central, the master plan will include closing off part of West 33rd to vehicular traffic in the hopes of creating a permanent pedestrian plaza near Madison Square Garden.
More details and specifics on the street closures ahead

June 3, 2015

POLL: Can Snøhetta Transform Manhattan’s Most-Hated Area?

By Dana Schulz

Earlier today, we learned that Vornado Realty Trust tapped Oslo-based starchitecture firm Snøhetta to create a master plan for the redesign of the Penn Station area. Even the developer referred to Manhattan’s most-hated and most-congested location as “the collision of humanity.” But Snøhetta worked their magic creating the Times Square pedestrian plaza, so we want to know if […]

Real Estate Trends

April 8, 2015

Developer Vornado Plans to Spend Hundreds of Millions on Revitalizing Penn Station Area

By Dana Schulz

Most New Yorkers only venture to the area around Penn Station when it's absolutely necessary–traveling to New Jersey or Long Island, going to a business meeting at Penn Plaza, or seeing a Rangers game. Otherwise, we avoid it like the plague. But Vornado Realty Trust, one of the country's largest office landlords–they own roughly nine million square feet around Penn Station worth $5.5 billion–is hoping to do a complete 180 on the area by "investing hundreds of millions of dollars in new retail space, public plazas and other infrastructure, according to real-estate executives briefed on the plans," according to the Wall Street Journal.
More details ahead

Real Estate Trends

January 5, 2015

Daily Link Fix: Watch Out for Talking Buses; Why We Lost the Original Penn Station

By Dana Schulz

NYC will get talking buses to warn pedestrians in their path. [Next City] Next time you’re waiting for a train in the hot, smelly depths of Penn Station, you can thank the desperate executives of the Pennsylvania Railroad. [NYT] It’s the 80th birthday of the First Houses, the city’s first foray into public housing. [Bedford […]

Uncategorized

October 23, 2014

Urban Planners Propose Moving Madison Square Garden to Nearby Post Office

By Dana Schulz

If there's one thing that all New Yorkers can agree on it's that Penn Station is pretty awful. And if we're ever going to get a new home for NJ Transit, Amtrak, and the LIRR, Madison Square Garden will have to move (just don't tell any die-hard Rangers fans that). The Alliance for a New Penn Station, a coalition of the Municipal Art Society and the Regional Plan Association, is proposing in a new report (revealed at this morning's MAS Summit) that the world-famous venue take up residency in the Morgan Post Office and Annex, occupying the block bound by 9th and 10th avenues and 28th and 30th streets. The mail sorting facility site is large enough to accommodate a new state-of-the-art arena and is just a quick walk to Penn Station. The coalition told Capital New York: “Relocating the Garden to this site will provide the city with a new arena and allow for the reconstruction and expansion of Penn Station, each of which can be designed to vastly improve the conditions of the district.”
More on the proposal and renderings of what the new site could look like

Architecture And Design

Daily Link Fix: Is the Fred French Building the Best in Art Deco?; Tour Penn Station’s Terribleness

By Dana Schulz

Is the Fred French Building the most beautiful Art Deco architecture on 5th Avenue? You be the judge after reading this post on Gothamist. Let’s face it–Penn Station is terrible. But instead of just complaining about it (like the rest of us), architect David Lewis leads a walking tour of the station to explore how […]

Uncategorized

August 27, 2014

Real Estate Wire: Penn Station Expansion Moves Forward; Price Chops Across the City

By Diane Pham

Plans to convert the James A. Farley Post Office on Eighth Avenue into an elegant annex for Penn Station are finally moving ahead. [NYT] The Sunshine Hotel, one of the last operational Bowery flophouses, is downsizing one-third to make way for commercial lofts. [Bowery Boogie] Why Manhattan and Brooklyn apartment sellers have been cutting prices […]

Real Estate Trends

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