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   RAILFAN      Trains, model railroading hobby      3,261 messages   

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   Message 2,035 of 3,261   
   JG to hanc...@bbs.cpcn.com   
   Re: another article on Pennsylvania Stat   
   08 Jan 16 17:57:10   
   
   From: jgrove24@hotmail.com   
      
   On Friday, January 8, 2016 at 2:40:19 PM UTC-6, hanc...@bbs.cpcn.com wrote:   
   > http://www.nytimes.com/2016/01/08/nyregion/an-idea-by-moynihan   
   rises-like-a-phoenix-relocating-pennsylvania-station.html?   
      
   Another light weight article by NY Times. Better coverage here:   
      
   "The construction cost is expected to be more than $3 billion, including $2   
   billion for redeveloping the station and post office, and at least $1 billion   
   for ancillary retail and commercial developments between 7th and 9th Avenues.   
   About $325 million of    
   the funding is expected to come from government sources, including the U.S.   
   Department of Transportation, the Port Authority of New York and New Jersey,   
   and Amtrak.   
      
   Nearly all of the work will come from private investment, in exchange for an   
   interest in the long-term revenue that will be generated by retail and   
   commercial rents, Cuomo administration officials said."   
      
   http://www.progressiverailroading.com/amtrak/news/Cuomo-announce   
   -3-billion-renovation-of-NYCs-Penn-Station--46902   
      
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