Wednesday, November 2, 2022

NYC PUBLIC ADVOCATE'S STATEMENT ON THE DELAYED PENN STATION REDEVELOPMENT PROJECT

 

"The announced delays to Vornado’s Penn Station redevelopment are welcome news on a project that, as designed, has always been wrong for the neighborhood and wrong for the needs of our city, which must accept responsible development to succeed in growth.


"The transit infrastructure at Penn Station is in dire need of an upgrade, and the city is in dire need of income-targeted, deeply affordable housing. The current plan, however, centers neither – instead focusing on luxury office development in a time when we face an affordable housing crisis that should shape our priorities more than underused office space.


"I hope that this delay allows the state time to reassess this plan and demand revisions. New Yorkers need projects that meet the actual needs of our city and community, not the profit targets of giant corporations."


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