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Taxpayers May Foot the Bill for Penn Station Rehab

The Bills Stadium was not enough for Gov. Hochul. The Democratic Administration is also pushing for an unprecedented rehab of Penn Station. This development is the largest project in American history, with eleven new office towers. The project is more than ten years old, and NYC's Independent Budget Office raises concerns. The expected revenue will not cover the cost, leaving the taxpayers to foot the bill. These concerns are not enough to stop the NYS Administration from pushing the project forward. 

 

https://www.nytimes.com/2022/05/09/nyregion/penn-station-revitalization-taxes.html


Gary Lipson for NYS Assembly
 
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