Cuomo wants to add a second leg to the attraction, extending the structure east along 30th Street and north along a space between Ninth and Tenth avenues, terminating directly across the street from the western entrance to the new $1.6 billion train hall, which debuted on Jan. 1 as an extension of Penn Station for Amtrak and some Long Island Rail Road riders.
Cuomo proposes extending Manhattan’s High Line to new train hall
Bloomberg
Bloomberg
Gov. Andrew Cuomo wants to connect the High Line with Pennsylvania Station as the state puts money into the area around the long-maligned transportation hub.
Cuomo announced a proposal Monday to extend the popular elevated park, which currently ends at Hudson Yards, to Brookfield Property Group’s Manhattan West development, near the newly-opened Moynihan Train Hall.
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New York state has been pushing to redevelop the area around Penn Station, accelerating the shift of Manhattan’s core toward the West Side. Last year, Cuomo promised to expand the train station’s capacity by 40% and create new developments to fund the improvements.
Governor Andrew M. Cuomo today announced a proposal to
extend the High Line in Manhattan to the newly-opened Moynihan Train Hall.
In his 2021 State of the State address, Gov. Cuomo said
Brookfield Property Group will partner with Empire State Development, the Port
Authority and Friends of the High Line to build an L-shaped connection from the
10th Avenue terminus of the High Line to Brookfield’s Manhattan West public
space.
Calling it “the most ambitious redevelopment that New York
City has seen in decades,” Governor Cuomo said, “When the private
sector economy lags, state governments build infrastructure and spur
development.
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Clockwise from left: Brookfield Property Partners CEO Brian Kingston, 845 East 136th Street in the Bronx, 1010 Bedford Avenue and 120 Evergreen Avenue in Brooklyn (Google Maps; Brookfield)
The uptick in middle-market investment sales activity in the city continued last week. Six deals involving industrial and residential buildings tallied $98.9 million. It was the third week in a row that more than $97 million in transactions were recorded across the five boroughs. The deals are all between $10 million and $30 million each.
On the list last week was Brookfield Property Partners, which bought in the Bronx. Facing financial woes, All Year Management sold in Brooklyn. Brookland Capital, which has been liquidating its assets, also sold a property in the borough.