Penn Station, NY.

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NEW YORK CITY – New York State Gov. Andrew Cuomo has announcedthat Pennsylvania Station is going to see a well-needed expansionwith an additional eight new tracks upon the acquisition of anentire block in Manhattan.

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The expansion proposal would increase the hub's train capacityby 40% and accommodate an additional 175,000 daily passengers tothe more than 600,000 commuters utilizing the train hub in MidtownManhattan. Currently, Penn Station has several subway lines andthree railroads—the Long Island Rail Road, NJ Transit andAmtrak.

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Cuomo said the state would acquire the block sitting beneath theMadison Square Garden arena, which is south of the current stationand stretches from Seventh Avenue to Eighth Avenue between West30th and West 31st streets. State officials and real-estate ownerson the block are in negotiation about the acquisition of theproperties, according to Cuomo.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.