January 4, 2021
The $1.6-billion Moynihan Train Hall redevelopment at the Farley Post Office in Midtown Manhattan opened on schedule just before New Year’s. First proposed by the late Sen. Daniel Patrick Moynihan, the 255,000-square-foot project was completed as a public-private partnership with Vornado Realty Trust and Skanska.
Eric Gertler, president of Empire State Development, recalled at an opening ceremony last week that Gov. Andrew Cuomo predicted the project’s completion by year’s end in a speech to the Association for a Better New York last January.
“In January, this train hall did not look anything like it does today,” Gertler said. “Moreover, it is on budget and on schedule, despite the many unforeseen challenges that we’ve had in the past year. Yet, still, it is just one piece of a much larger vision that the Governor has laid out.”
This past summer, Facebook committed to the 730,000-square-foot office component of the Farley development.
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