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The MTA’s controversial plan to demolish a block of Midtown to expand Penn Station has grown even larger and $4 billion more expensive — with a price tag that could now approach $17 billion, records show.
Amid ongoing staffing challenges across city government, leasing up income-restricted apartments has become, by some measures, an even longer process.
One of the biggest issues that has been plaguing its Second Avenue subway extension — a pie-in-the-sky design that already saddled straphangers with millions of dollars in extra debt for oversized stations — is set to repeat itself with two projects, a Post investigation has found.
While the New York City real estate market has never been for the faint-hearted or undercapitalized, the combination of post-pandemic shifts in office demand and high interest rates has...
The proposal, called the QueensLink, has the support of virtually every political figure in southeast Queens, many of whom descended on City Hall on Wednesday