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US invests another $200 Million for rebuilding New York Penn Station

The U.S. Department of Transportation announced on Wednesday that it would provide an additional $200 million to start construction on the $8 billion plan for rebuilding 'New York Penn Station', a major artery in the city. Amtrak, the U.S. passenger rail company and President Donald Trump’s administration have said that this plan will include expanding track capacity and building a grand entry on Eighth Avenue leading to a new station. It will also replace aging walkways and open modern concourses. Penn Station, the busiest transit hub in the U.S. with 10 million Amtrak riders and 100 million passengers when regional train systems are added, is home to the largest number of Amtrak passengers.

Sean Duffy, the U.S. Transportation secretary, announced last month that USDOT will spend $4.7 billion to upgrade rail?projects along Amtrak’s Northeast Corridor. This includes New York Penn Station, and Washington Union Station. Duffy announced Tuesday, at a U.S. Senate Hearing: "We are going to give $8 Billion to rebuild Penn Station."

New York has decided not to move Madison Square Garden. This is the home of the New York Knicks, the New York Rangers, and other sporting teams, concerts, and shows. New retail is also included in the rebuild, as well as a new look for the exterior.

New York will open a $1.6 billion concourse in 2021 at Penn Station, located across Eighth Avenue.

The 255,000 square-foot Moynihan Train Hall features a 92 foot high glass ceiling and a?lounge for nursing mothers. It feeds passengers on 17 Amtrak tracks and the Long Island Rail Road.

Federal courts rejected the Trump administration's attempt to stop paying for the $16 billion New York Hudson Tunnel.

The Hudson 'Tunnel project aims to construct a new commuter train tunnel between Manhattan and New Jersey, and repair an existing?tunnel that is used daily by over?200,000 passengers and 425 trains. The existing tunnel, which was heavily damaged by Sandy in 2012, requires frequent emergency repairs, disrupting travel on America's busiest passenger rail line. Reporting by David Shepardson, Editing by Chris Reese & David Gregorio

(source: Reuters)