Senate to Review Penn Station Plan

Senate to Review Penn Station Plan. Lawmakers will scrutinize the Cuomo era proposal for renovations to the transit hub. Hochul has signed on board with her predecessor’s package. It provides that revenues from 10 new neighboring office towers be used to fund upgrades. These would be payments in lieu of taxes. There is concern this would shortchange the city. Controversy surrounds the Multi Billion dollar public improvement. Finance Chair Liz Kreuger wants to take a close look. Hochul like Cuomo has proven to be beholden to the real estate interests. They provide substantial funding for statewide campaigns. Fat Cats are again calling the shots. Senate to Review Penn Station Plan. It is business as usual in the world of Albany politics !!