Hochul’s Penn Station revamp will take $6B from city, advocates charge

United States News News

Hochul’s Penn Station revamp will take $6B from city, advocates charge
United States Latest News,United States Headlines
  • 📰 nypost
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 67%

Activist groups claim Gov. Kathy Hochul’s Penn Station development plan is a “secretive maneuver” to redirect $5 billion from NYC into state coffers.

is a “secretive maneuver” to redirect an estimated $5 billion away from the city and into state coffers.

The leaders of Common Cause, Reinvent Albany, BetaNYC, League of Women Voters, Tri-State Transportation Campaign and NYPIRG slammed the decision as setting “a terrible precedent” in a letter to Hochul and leaders in Albany. “The Penn Station Area project is not a transit project,” the letter said. “It’s a secretive state maneuver to unilaterally take future NYC property tax dollars to pay for the state’s refurbishment of Penn Station and possibly provide extremely large subsidies to the politically connected Vornado Realty Trust.”

Activists claim Hochul is moving ahead with the plan in order to use NYC property tax dollars to pay for the state’s refurbishment of Penn Station“ULURP is imperfect, but is massively superior to the Empire State Development Corporation making unilateral decisions about the future of a crucial part of New York City and potentially billions in NYC tax revenue.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nypost /  🏆 91. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sean Penn escapes Ukraine, abandons car at Polish borderSean Penn escapes Ukraine, abandons car at Polish borderPenn says he 'walked miles to the Polish border' after abandoning his car on the side of the road.
Read more »

Drew Barrymore Freaks Out and Falls After Penn Badgley Surprises HerDrew Barrymore Freaks Out and Falls After Penn Badgley Surprises HerBadgley surprised Barrymore during a virtual appearance on 'The Drew Barrymore Show' Thursday.
Read more »

New York City to Drop School-Mask Mandate and Vaccine Mandate for Indoor VenuesNew York City to Drop School-Mask Mandate and Vaccine Mandate for Indoor VenuesThe state’s mask mandate for schools ends Wednesday. The city's mask mandate for schools and vaccine mandate for indoor public venues will likely end on March 7.
Read more »

Mayor Eric Adams: COVID-19 vaccine mandate on restaurants, bars, theaters could be lifted by March 7Mayor Eric Adams: COVID-19 vaccine mandate on restaurants, bars, theaters could be lifted by March 7UPDATE: Mayor Adams announced Sunday that a dramatic drop in coronavirus infections could lead to the lifting of vaccine mandates on restaurants, bars and theaters in NYC as soon as March 7. COVID19
Read more »

New York Gov. Hochul says mask mandate for schools to end March 2 amid declining COVID casesNew York Gov. Hochul says mask mandate for schools to end March 2 amid declining COVID casesNew York Gov. Kathy Hochul said Sunday a statewide masking requirement in schools will end March 2 amid a decline in COVID-19 cases and guidance from the Centers for Disease Control and Prevention (CDC).
Read more »



Render Time: 2025-03-25 20:08:47