- REAL ESTATE EDUCATION
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NEW YORK TIMES --Progress Is Made in Plan to Convert Post Office Into Penn Station Annex
August 27, 2014
Long a favorite project of civic organizations, developers and politicians, a $1 billion proposal to create a grand annex to Pennsylvania Station, North America’s busiest transit hub, has often moved like a creaky locomotive since it was conceived nearly 25 years ago.
But now the work needed to convert the James A. Farley Post Office, across Eighth Avenue from Penn Station, into a vast and elegant terminal annex in Midtown Manhattan is making modest progress.