Moynihan Train Hall

credit agreement executed

The Moynihan Train Hall Project transformed the James A. Farley Post Office Building into a modern, state of the art transportation facility.  It is expected to relieve congestion at Penn Station which is the busiest passenger transportation facility in the US with estimated volume of 650,000+ passengers per weekday. The Project is being undertaken in two phases: West End Concourse Improvement includes the construction of a) an expanded passenger concourse beneath the Farley Building including new vertical access points serving platform numbers three to eleven, b) an underground connection to the Eighth Avenue subway line, c) an underground connection to the existing Penn Station, and d) plazas at street level.  This phase of work is substantially complete and opened to the public on June 15, 2017. Moynihan Train Hall includes a) creation of a new sky-lit train hall on the concourse level of the Farley Building, b) back of house support space for Amtrak and Long Island Rail Road (LIRR), the two “anchor” rail tenants, including ticketing, baggage areas and waiting areas, c) loading access for the rail tenants and for the United States Postal Service (USPS) who will continue to occupy space in the Farley Building, d) exterior restoration, and e) systems and infrastructure improvements. The FY 2022 loan will add up to $80.5 million to the $526.5 million TIFIA loan that closed in 2017 and provide the Moynihan Train Hall a total of up to $606.7 million. The additional loan capacity will ensure completion of security and passenger safety initiatives.  The Project uses underground access to connect the newly-built Moynihan Train Hall located inside of the Farley Building in Midtown Manhattan to Penn Station located across Eighth Avenue and makes extensive improvements to ease congestion and delays and facilitate future passenger demand. The Moynihan Train Hall is the new home of Amtrak and serves as the arrivals/departures hall for all Amtrak passengers in New York City.  It also provides ticketing and other facilities for MTA’s Long Island Rail Road service. Learn more at Moynihan Train Hall