(rshsdepot) Moynihan Station-New York, NY

[I95BERNIEW_@_aol.com]

From Crain's New York Business.
 
Bernie Wagenblast
Transportation Communications Newsletter
 
++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 
Plans unveiled for new Moynihan station
by  _Catherine  Tymkiw_ (mailto:CTymkiw_@_Crain.com?subject=Plans unveiled for 
new Moynihan station)   
The Moynihan Station Development Corp. unveiled plans for a new $818 million  
rail terminal across the street from Pennsylvania Station, with New Jersey  
Transit as the lead tenant. 

The new Moynihan Station, named after the  late U.S. Sen. Daniel Patrick 
Moynihan, will convert the James A. Farley General  Post Office into a 
300,000-square-foot train station with 850,000 square feet of  commercial space and one 
million square feet of air right for a residential  housing tower.  
Plans, created by architect David Childs, call for a grand concourse leading  
directly to train platforms and a train hall, which will be open, 
high-ceiling,  sky-lit public spaces with direct access to Ninth Avenue. 

More than $556  million will be spent for design, development and 
construction work. The Empire  State Development Corp. will pay about $230 million to the 
United States Postal  Service for the title to the building. 

NJ Transit anticipates paying  about $2.3 million a year over 99 years to 
lease 35,000 square feet. NJ Transit  will have operational control of the new 
station on Eighth Avenue and will  integrate with its existing operations in 
Penn Station, which handles more than  550,000 people every day. 

Amtrak and the Long Island Railroad, which  both operate out of Penn Station, 
have no current plans to take space in the new  station. 

The plan will be open to a month-long public comment period,  starting with a 
public hearing scheduled for May 31. 


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The Railroad Station Historical Society maintains a database of existing
railroad structures at: http://www.rrshs.org

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End of RSHSDepot Digest V1 #1349
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The Railroad Station Historical Society maintains a database of existing
railroad structures at: http://www.rrshs.org