The path to business success occasionally passes through the garage—famously demonstrated by industry titans like Amazon or Hewlett Packard. Zoning codes should encourage, not obstruct, these kinds of American success stories.
In exchange for the approval to build One Vanderbilt, a 63-story office tower adjacent to Grand Central Terminal, the developer will give the MTA $220 million for upgrades to entrances of the Metro-North Railroad and the terminal's subway entrances.
While MTA’s East Side Access project, which will bring Long Island Rail Road (LIRR) trains directly to Grand Central Terminal by 2019, has received much attention, less well-know is a complementary plan to bring Metro-North trains to Penn Station.
Champions of an ambitious ongoing project to provide a rail link for Long Island Rail Road trains to the East Side of Manhattan got a dose of bad news this week, as it was announced the project is facing significant delays and cost overruns.