05.20.2026 Feds pick design for Penn Station rebuild, won’t move Madison Square Garden
Penn Station would be rebuilt into a spacious, light-filled train hall without relocating Madison Square Garden under a plan approved by Amtrak and the Trump administration on Wednesday.
Amtrak announced it selected a group called Penn Transformation Partners as the “master developer” to oversee the redesign and reconstruction of the busiest train station in the country. The group includes real estate company Vornado, which owns much of the land around Penn Station, and construction company Halmar, which is currently working to build the MTA’s Second Avenue subway extension into East Harlem.