Trump administration takes over $7B reconstruction project for NYC's Penn Station

[IbogaProject]

10. A lot of pieces in this

Coumo and Hochul have been relentless in trying to grab the whole block south in partnership with Vornado a real estate holding company. Dead end tracks is an obsolete design. Current state of the art calls for through running and expanding the current platforms. Any large development should be over the rail yard in Queens which could connect neighborhoods. Trump has it in for Vornado as he has neen trapped by its principal with 20% that the owner never pays out and keeps reinvesting. So now one of the only to ever beat T at his own game is about to have a rough ride at best or likely much worse. T is going to bulldoze an entire city block and build mega towers.

https://en.m.wikipedia.org/wiki/Vornado_Realty_Trust

Here is a summary on why expanding the track count isn't needed. https://www.etany.org/penn-station-can-handle-the-load