MSG will keep put as Trump workforce proclaims $8B for Penn Station makeover


Swish! 

Madison Sq. Backyard is not going to be compelled to relocate below a Penn Station redesign plan accredited by the Trump administration and Amtrak Wednesday — with the federal authorities pledging $8 billion to revamp the decrepit prepare hub.

Halmar/Penn Transformation Companions was the “grasp developer” chosen to guide the overhaul of the nation’s busiest commuter rail station, US Division of Transportation Secretary Sean Duffy and the Amtrak Board of Administrators mentioned in a joint announcement.

Officers mentioned Halmar’s development design will likely be launched within the coming months, with groundbreaking anticipated by the top of 2027.


Illustration of the Penn Station redesign around Madison Square Garden, with the Empire State Building visible in the background.
Rendering of the redesign of Penn Station. Halmar

The makeover will embody:

  • Setting up a grand entrance on Eighth Avenue to a brand new prepare corridor.
  • Changing cramped, decrepit walkways with open, lovely concourses.
  • Increasing observe capability and including new retail shops.
  • Retaining the enduring MSG linked to the station, whereas making passenger expertise enhancements there.

Some planners argued that dramatically remodeling Penn was not attainable with out transferring MSG.

One other bidder for the mission, Grand Penn Companions supported by Trump and GOP mega-donor Tom Klingenstein, had proposed transferring MSG throughout Seventh Avenue.

However MSG proprietor James Dolan opposed relocating what’s known as “The World’s Most Well-known Enviornment” — dwelling of the crimson sizzling playoff Knicks basketball workforce and Rangers hockey workforce.  

The facelift of the run-down Midtown commuter hub is a high precedence for President Trump, and his admin introduced the feds will dedicate $8 billion for the long-delayed mission. 

“Relating to our rail, we’re making generational enhancements to the Northeast Hall,” Duffy mentioned throughout testimony at a Senate listening to Wednesday.

“Meaning … a transformative funding in New York’s Penn Station — $8 billion, by the way in which.”

Trump fired the Metropolitan Transportation Authority final 12 months and put the feds answerable for redeveloping Penn Station with Amtrak following years of delay and squabbling among the many hub’s stakeholders.

The MTA’s Lengthy Island Railroad makes use of Penn together with Amtrak and New Jersey Transit and town subway system connects to it.

“We took over the transformation of New York Penn Station as a result of the mission was not on time, over funds, and hopelessly mismanaged. One 12 months later, we proceed to hit main milestones at report pace,” Duffy mentioned. 

“In deciding on Penn Transformation Companions (Halmar) and their revolutionary plan, we’re one step nearer to delivering a world-class journey hub that day by day commuters and vacationers have dreamed of for many years,” he mentioned.

“Below President Trump’s historic management, the times of Penn Station’s cramped hallways, damaged infrastructure, and snarled rail strains are numbered. 2027 can’t come quickly sufficient.”

The agency additionally works on the Second Avenue subway extension. 

Former NYC Transit  President Andy Byford, affectionately known as “prepare daddy,” served as Amtrak’s particular advisor, overseeing the bidding course of.

“Everybody at Amtrak is thrilled to announce Penn Transformation Companions (Halmar) and much more excited that the mission is one step nearer to having shovels within the floor subsequent 12 months,” Byford mentioned.

“The fast completion of a rigorous procurement course of represents extra than simply delivering on a extremely bold milestone; it demonstrates that Amtrak and USDOT are uniquely able to making this imaginative and prescient a actuality.”

Gov. Kathy Hochul welcomed the information, calling the number of a developer “an vital step” in Penn Station’s reconstruction.

“From the day I took workplace, I made reimagining Penn Station a precedence. Whereas Penn is a federal asset, New York spent years attempting to maneuver this mission ahead, solely to face important federal bureaucratic hurdles at almost each step,” she mentioned.

“Final 12 months, I took my case on to the White Home to chop by crimson tape and safe full federal funding for supply of this mission, saving New York taxpayers over $1 billion and accelerating this lengthy overdue transformation,” Hochul continued.

“To achieve success, this mission should accomplish two issues: dramatically enhance the expertise for each rider who passes by Penn Station, from the A prepare to the Acela, whereas defending the report efficiency of the LIRR and making certain the prices are usually not borne by New York commuters or taxpayers,” she mentioned. “I’ll settle for nothing much less.”



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