New York Budget Deal Includes Money for Plan to Fix Penn Station
Bloomberg 2 hrs ago © Bloomberg Pennsylvania station in New York.
(Bloomberg) New York’s state budget will include $1.3 billion for the ambitious plan to redevelop Pennsylvania Station and the surrounding area, a project that could reshape midtown Manhattan.
Governor Andrew Cuomo, who wants to expand and fix the maligned transit hub, has proposed developing the surrounding neighborhood. The draft plan would add 10 buildings with hotel space, offices, retail and potentially residential. Vornado Realty Trust, which owns much of the land targeted for development, will be a partner for the state’s project.
Steve Roth Washington Relays Kick Off 2021 Track Season
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Demon Track Starts Spring With Scrimmage at Mount Pleasant Tuesday
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Soon, President Biden is expected to sign a third COVID recession relief plan just days before emergency unemployment benefits expire. For many the need is great, in part, because this recession is the most unequal in modern history. This past Friday, new jobs numbers confirmed that middle and high-income workers are returning but the jobs of low-income Americans have been annihilated. Relief checks have been a lifeline, but temporary. Many, like the Americans you re about to meet, were already struggling in poverty when COVID pushed them over the edge. As they fall, the pandemic is cutting away at the safety net. For 23-year-old Courtney Yoder, the cruel recession hit just as she was saving enough from her job to move out of a tent, anticipating the birth of her first child.