Crain's New York Business, October 16th, 2006
In May 1993, government officials unveiled a proposal to transform the James A. Farley Post Office on Eighth Avenue into a new rail station that would recapture the glory of Pennsylvania Station,which was mercilessly torn down decades earlier. More than 13 years later, the project--now named for its principal backer, the late Sen. Daniel Patrick Moynihan--is ready to be built, if only Assembly Speaker Sheldon Silver will agree. It's time for him to do so.
At a cost of $900 million, developers The Related Companies and Vornado Realty Trust will create a handsome new terminal for New Jersey T...
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