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The Port Authority of New York and New Jersey (PANYNJ) and the Moynihan Station Development Corp.’s board have awarded a $147.7 million construction contract to Skanska USA Civil Northeast to convert the historic Farley Post Office Building in New York City into Moynihan Station.
A longtime vision of the late Sen. Daniel Patrick Moynihan (D-N.Y.), the project is designed to alleviate congestion at Penn Station, which is located across the street, PANYNJ officials said in a prepared statement.
In October 2011, New York Gov. Andrew Cuomo announced that the corporation’s operations will be consolidated into PANYNJ, which will oversee the project with construction management support from STA Moynihan JV, a joint venture of AECOM, STV and Tishman Construction.
The first phase of construction will double the width of Penn Station’s existing West End Concourse, which will be the concourse for the new train station and will serve eight additional tracks to be used by Amtrak, New Jersey Transit and MTA Long Island Rail Road. In addition, the project includes new elevators, escalators and stairs, and fire safety improvements to Penn Station, such as new standpipes and a command center for the New York City Fire Department.
The first phase’s total cost is $267 million. Funding will be provided through an $83 million Transportation Investment Generating Economic Recovery program grant, $29.5 million from the Metropolitan Transportation Authority, $10 million from PANYNJ, and the remainder from other federal grants and appropriations.
Construction is slated to begin this summer and take four years to complete, PANYNJ officials said.