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Newsday
Source: Newsday
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Source: Newsday
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The MTA's CEO defended the decision not to partner with Amtrak and the federal government on Penn Station redevelopment, citing concerns that an agreement could allow developers to dismantle the LIRR’s recently upgraded concourse and negate its lease. The MTA, which operates most trains into Penn Station, views a proposed memorandum of agreement with Amtrak as a threat to its existing rights and investments. The project, estimated to cost around $8 billion, has seen shifts in leadership and funding roles, with the MTA and New York State previously leading the redevelopment plans before the Trump administration transferred control to Amtrak.
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