Derail this plan: The Penn rehab scheme is profoundly flawed ...Middle East

When Andrew Cuomo was looking for money to renovate Penn Station, a federal facility that’s fallen apart on the watch of its landlord, Amtrak, during its half-century of ownership, he thought to use revenue generated from higher taxes on new office towers. It was an iffy proposition back then and a gift to the area’s dominant land owner, Vornado.

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