Monday, September 22, 2025
INBV News
Submit Video
  • Login
  • Register
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream
No Result
View All Result
INBV News
No Result
View All Result
Home Business

NY’s Kathy Hochul silent on $33B Penn Station redevelopment plan in State of the State address

INBV News by INBV News
January 16, 2023
in Business
394 4
0
NY’s Kathy Hochul silent on $33B Penn Station redevelopment plan in State of the State address
548
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

Gov. Kathy Hochul left her $33 billion Penn Station-area redevelopment proposal out of her State of the State address, heartening critics who desire a less expensive and fewer destructive technique to create a recent station.

RELATED POSTS

3 people dead in Toronto office shooting near daycare | Canada Tonight

Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

The Penn scheme didn’t appear, either, within the governor’s 267-page, “Achieving the Latest York Dream” agenda featuring “147 daring initiatives” that was released along with the speech.

The “Dream” list included many transit and MTA-related projects equivalent to the Metro-North Penn Station Access project to construct recent stations within the Bronx. For the reason that whole point of the so-called “Empire Station Complex” is supposedly to create a greater Penn Station, its omission from Hochul’s agenda was curious.

Lawyer Chuck Weinstock, who represents neighborhood groups and others against the proposal, quipped, “She is perhaps the one person within the state who isn’t talking about it. Possibly she’s starting to know that no one wants this thing.”

Hochul spokesman Justin Henry didn’t address why she didn’t mention the project within the speech or the “Dream” report. He said, “The reconstruction of Penn Station is a priority of the Hochul administration as reflected within the aggressive timetable for reconstruction and the continued, sustained progress on this project since Governor Hochul took office.”

The plan which she inherited from her predecessor Andrew Cuomo would demolish several blocks of supposedly “blighted” properties within the Penn Station/Madison Square Garden area, including occupied apartment buildings and historic churches, to make room for eight giant office towers, most to be built by Vornado Realty Trust.

Penn Station plansThe scheme involves demolishing fully occupied apartment buildings and historic churches.Vornado Realty Trust

Penn Station planMany of the office towers are expected to be built by Vornado.

But its prospects dimmed after Vornado chairman and Penn-area developer Steven Roth’s recent remark that the time wasn’t right for brand spanking new ground-up-development.

The newest black eye was the revelation, reported in Crain’s, that the Empire State Development agency approved it without even taking a look at cost and revenue estimates by Ernst & Young, which ESD hired to crunch the numbers.

Weinstock called the state’s admission that it ignored the info “damning.”

A trio of architects will show alternative plans for Penn Station on Jan. 26 at Cooper Union.Levine-Roberts/Sipa USA

Meanwhile, a trio of distinguished architects will show alternative plans on Jan. 26 at Cooper Union. They’re PAU firm head Vishaan Chakrabarti, independent architect Alexandros Washburn and Atelier and Co. principal Richard Cameron.

Washburn’s proposal was first shown in The Post in December. 

On a lighter note, a different Crain’s story on a court case involving the project dug up e-mails between ESD, Vornado and their spin doctors at two different P.R. firms over the best way to water down The Post’s “negative” coverage.

“We predict now we have [Steve Cuozzo] positioned” to report one story I used to be working on as merely “battle lines being drawn,” an unidentified person at P.R. firm Berlin Rosen gloated to Vornado suits and former ESD official Holly Leicht in August 2021.

My position since then: I’ve characterised Hochul’s plan as “a boondoggle,” “terrible,” “corrupt,” “fraudulent” and “a nightmare.”

1

Do Most business make enough to live off of?

Tags: 33BAddressHochulKathyNYsPennPlanredevelopmentsilentStatestation
Share219Tweet137
INBV News

INBV News

Related Posts

edit post
3 people dead in Toronto office shooting near daycare | Canada Tonight

3 people dead in Toronto office shooting near daycare | Canada Tonight

by INBV News
June 30, 2024
0

Three adults are dead after a shooting contained in the lobby of a North York business office in Toronto. The...

edit post
Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

Citigroup, JPMorgan Chase, Goldman Sachs hit by regulators

by INBV News
June 21, 2024
0

Jane Fraser, CEO of Citigroup, testifies through the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of...

edit post
American Airlines flight attendants move closer to strike, fail to achieve deal on recent contract with airline

American Airlines flight attendants move closer to strike, fail to achieve deal on recent contract with airline

by INBV News
June 21, 2024
0

A union representing flight attendants for American Airlines Group said on Thursday that the newest round of talks with the carrier...

edit post
SpaceX unveils ‘Starlink Mini’ satellite web antenna for $599

SpaceX unveils ‘Starlink Mini’ satellite web antenna for $599

by INBV News
June 21, 2024
0

Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas,...

edit post
MacKenzie Scott gave $2M to group with ties to pro-Palestinian organization

MacKenzie Scott gave $2M to group with ties to pro-Palestinian organization

by INBV News
June 20, 2024
0

MacKenzie Scott donated $2 million to an activist group that reportedly has links to a Philadelphia-based organization that staged a...

Next Post
edit post
Europe can learn from Biden’s Inflation Reduction Act, Spain’s PM says

Europe can learn from Biden’s Inflation Reduction Act, Spain's PM says

edit post
'Good Riddance Day' celebrated

'Good Riddance Day' celebrated

CATEGORIES

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

CATEGORY

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Podcast
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

SITE LINKS

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

[mailpoet_form id=”1″]

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

© 2022. All Right Reserved By Inbvnews.com

No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • More
    • Podcasts
    • Reels
    • Live Video Stream

© 2022. All Right Reserved By Inbvnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist