A group of state senators representing New York City districts wants the state to hold off on Gov. Kathy Hochul’s Penn Station area redevelopment
until the project’s finances can be analyzed by the city’s Independent Budget Office, The Post has learned.
New York Governor Kathy Hochul inherited the Penn Station plan from disgraced former Governor Andrew Cuomo.“We strongly urge Empire State Development to halt this plan until there are explanations provided and agreements made associated with the cost, design, scope, bond liabilities, and other aspects of the project that remain unknown,” the letter said. “Far too many questions remain for the board to make an informed decision.
recently called the project a “secretive maneuver” to redirect an estimated $5 billion away from the city and into state coffers. City officials have been told the city will be “made whole for current taxes,” according to Empire State Development.
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