Port Authority approves up to $150M for Moynihan Station

The Port Authority of New York and New Jersey will provide up to $150 million in funds for the development of Moynihan Station, the proposed transit hall at the site of the Farley post office near Penn Station. On Thursday, the bi-state agency’s board approved the capital contribution, which will come from the Port Authority’s […]

Penn Station: The new home to NYC’s hottest thrill ride?

If a Brooklyn developer gets his way, New Yorkers will soon hear screams coming from Penn Station. No, not because of the soul-crushing decor, but due to a free-fall tower Brooklyn Capital Partners hopes to build on top of Madison Square Garden or the James A. Farley Building. The firm has proposed building a 1,200-foot-high […]