JOURNAL ARTICLE

Trump's Penn Station Revamp Heads for Funding Fight With States.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kaske, Michelle 3 of 3

Abstract

The article focuses on Amtrak's initiative to renovate Penn Station, North America's busiest train depot, and its request for financial support from New Jersey and New York. Following a redirection of $1.3 billion by New York Governor Kathy Hochul towards city transit infrastructure, Amtrak's special adviser, Andy Byford, indicated that federal funding would be complemented by contributions from the states and New York City. The renovation aims to address significant overcrowding and operational deficiencies, with plans to expand capacity and improve access. Amtrak has shortlisted three firms to bid for the project's master developer role, with construction expected to begin by the end of 2027. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2026
  • Accession Number:191180226
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