ALBANY — The state will begin ambitious plans for a $306 billion investment in public infrastructure, transportation and education projects to jump start New York’s economy in the wake of
arrow Cuomo also wants to acquire the MSG Theater to create a new entrance to Penn Station on 8th Avenue. Governor s Office
Quoting Shakespeare, Mark Twain, and Franklin Delano Roosevelt, Governor Andrew Cuomo on Thursday unveiled a wide-ranging infrastructure vision that he argued would not only improve rail, air, and bus travel but also save New York from economic depression and prepare it for the next century.
His $306 billion-dollar plan focused on Midtown, and projects largely dependent on layers of slow federal and city bureaucracies. But if they came to pass they could fundamentally change the city.
The governor said he plans to “acquire” a square block to build a new station called Penn South, which would service NJ Transit train travel. Those trains would arrive on new tracks made possible by a new tunnel running under the Hudson River as part of the long-delayed Gateway Project.
In the final chapter of his four-part State of the State Address on Thursday, New York Gov. Andrew Cuomo talked about building a “new New York” with a litany of projects statewide but little detail on how they’ll be funded.
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