Construction To Begin On New Moynihan Station This Fall

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Construction To Begin On New Moynihan Station This Fall
06/22/2006 06:34 PM
By: NY1 News

A timetable is set to begin work on the new Moynihan Station in Manhattan.

Private developers and state officials signed off on a multi-million dollar deal to convert the James Farley Post Office on Eighth Avenue into a new transit hub. It would serve as an extension to Penn Station.

Charles Gargano, the Chairman of the Empire State Development Corporation says construction on the $850-million project will begin this fall.

It's expected to be open for business by 2012.

Gargano says the deal does not cover a controversial proposal to move Madison Square Garden into the west wing of the Farley complex.