Former MTA chairman Pat Foye and his new employer, Italian transportation conglomerate ASTM, have been claiming their bid to rebuild and privatize the station will cost no more than $6 billion – but records obtained by The Post show it will come in at more than $8 billion.
The New York City Council is set to approve giving James Dolan the controversial owner of Madison Square Garden and its two sports franchises, the Knicks and Rangers a new five-year license to continue operating at full capacity, but the battle over the complex's future is just beginning.
The City Council is set to extend Madison Square Garden's permit to operate its arena atop Penn Station for five years half of what the Adams administration
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