Here is a link to plans for the New Penn Station. Of course whether it ever gets done is a good question. Due to the affirmative action beasts that run the city, all sorts of environmental studies are run for expansion of transportation, but nothing ever gets done or it takes 30 years to accomplish. Just look at the failure with the east side expansion project. Supposedly they restarted work on the 2nd avenue subway line, but I wonder if that will ever amount to anything. The only thing that was accomplished was the JFK airtrain and that is because they can charge a premium for passengers to use.
http://www.1010wins.com/pages/1125194.php? N.Y. Releases Plans to Expand Penn Station
NEW YORK (AP) -- The Spitzer administration released plans Tuesday for a rebuilt Penn Station with natural light pouring in and a "grand public space" resembling Grand Central Terminal in a new, rezoned business district on Manhattan's far West Side.
The Empire State Development Corp. put out its revised Moynihan Station plan, which would relocate Pennsylvania Station, the Madison Square Garden arena and Manhattan\'s James A. Farley Post Office around new businesses, shops and hotels.
A state board had rejected previous incarnations of the project during former Gov. George Pataki's administration, saying the plan wasn't complete and left too many questions about commercial space and rail service unanswered.
The former Moynihan plan -- named after the late U.S. Sen. Daniel Patrick Moynihan -- cost $900 million; the 93-page document released Tuesday had no new estimate.
The renovated Penn Station would replace the current "three-level, predominantly subterranean maze" with a glass-topped, "grand public space" with daylight pouring in, the agency said.
The plan would move the Madison Square Garden arena one block west. The Farley Post Office would also be rebuilt, although its historic lobby and exterior across from the current Penn Station would be preserved.
The new plans would create 7.5 million square feet of mixed use development, including a commercial district that would link to a plan to redevelop the Hudson railyards closer to the river.
The development agency said the new station and Madison Square Garden would be built by 2011, and the remaining commercial and mixed-use development would be built by 2018.
The project would need to be approved by the Federal Rail Administration, the Postal Service and several transit agencies. The agency set a Dec. 6 meeting to hear public comment on the project.