Vishaan Chakrabarti, founder of Practice of Architecture and Urbanism, calls a new compromise plan by Italian construction giant ASTM–which would remodel while leaving Madison Square Garden atop the terminal–a “great and achievable vision for the…

Madison Square Garden’s bid for a new, never-ending operating permit should be denied—unless it is shortened to just three years and its owners make a serious plan to move, a community board said Thursday.

Madison Square Garden faced a tough crowd at Manhattan Community Board 5 Thursday, which voted against a permit allowing MSG to operate permanently above Penn Station. Instead, the board backed a permit that gives MSG…

If the New York City Council listens to Manhattan Community Board 5, then Madison Square Garden’s permit renewal may be denied.

With Vornado’s towers plan stalled, Governor Kathy Hochul is now listening to a new plan from an Italian construction giant on how to build and pay for the renovation of Penn Station. The company, ASTM,…

New York gives out lots of tax breaks to businesses, although none are quite like MSG’s.

Gov. Kathy Hochul seemingly acknowledged Thursday that she would likely have to find a new way to raise the $7 billion needed to overhaul the Big Apple’s much-hated Penn Station, as her plan to finance…

How the effort to renovate midtown Manhattan’s transit hub has been stalled by money, politics, and disputes about the public good.

There are two gigantic problems with that gargantuan plan: the work-from-home shift has nearly obliterated demand for office space; and Vornado itself is in no rush to build the actual buildings.

Three years ago, when Gov. Cuomo tried to force-feed a calamitous plan to destroy six city blocks around Penn Station, the justification was that the state needed it to pay for Penn Station upgrades.