05.20.2026 MSG will stay put as Trump team announces $8B for Penn Station makeover
Swish!
Madison Square Garden will not be forced to relocate under a Penn Station redesign plan approved by the Trump administration and Amtrak Wednesday — with the federal government pledging $8 billion to revamp the decrepit train hub.
Halmar/Penn Transformation Partners was the “master developer” chosen to lead the overhaul of the nation’s busiest commuter rail station, US Department of Transportation Secretary Sean Duffy and the Amtrak Board of Directors said in a joint announcement.
Officials said Halmar’s construction design will be released in the coming months, with groundbreaking expected by the end of 2027.