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Financial Times
Financial Times
Business
Joshua Chaffin in New York

Reinventing Penn Station: can New York still do big things?

© Richard B Levine/Alamy

Last June a group of politicians dared New York’s beaten-down commuters to dream that their daily burden might one day be lightened and a historic wrong righted.

The governors of New York and New Jersey, the mayor of New York and sundry transit bosses gathered in a rare show of unity to announce a roughly $7bn overhaul of Pennsylvania Station, the western hemisphere’s busiest transit hub — and, quite possibly, its most despised.

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