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Penn Station Redevelopment: A New Era for NYC’s Iconic Hub

Governor Kathy Hochul’s vision for a revitalized Penn Station is moving forward, with federal funding secured in April 2025 following discussions with President Trump. This funding enables over $1 billion to be redirected to other vital projects while Secretary Duffy leads the request for design proposals. This progress brings New York City closer to a modern, world-class Penn Station that reflects the city’s grandeur and enhances the commuter experience.

Statement from Governor Kathy Hochul

“One of the first things I raised with President Trump in January was the need to give New York City the beautiful Penn Station it deserves. Those conversations successfully secured federal funding in April to advance redevelopment, allowing us to reallocate over $1 billion for other critical projects. With Secretary Duffy now advancing this project and requesting design proposals, New Yorkers are one step closer to a station worthy of this great city.”

August 27, 2025

Albany, NY

Sources: Governor.ny.gov , Big New York news BigNY.com
Midtown Tribune

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