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Article: New Penn Station will offer economic growth, better transportation and renewed civic pride.(Mid-Year Review and Forecast)
- Article from:
- Real Estate Weekly
- Article date:
- June 30, 1999
- Author:
CopyrightCOPYRIGHT 1999 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A highlight of the first half of 1999 came in May, when President Bill Clinton made a high-profile visit to New York City in an effort to build support for a new Pennsylvania Station to be located within the James A. Farley Post Office at Eighth Avenue and 33rd Street.
Thanks to his visit and the dedicated involvement of public officials, business leaders and transportation advocates, we are on the verge of realizing one of New York's most awe-inspiring projects.
Penn Station currently is the nation's busiest transportation center. When completed, the new rail station, to be located directly across the street, will efficiently accommodate more passengers ...