Today Governor Cuomo unveiled the sixth signature proposal of his 2016 agenda: transform Penn Station and the historic James A. Farley Post Office into a world-class transportation hub. The project, known as the Empire Station Complex, will feature significant passenger improvements, including first-class amenities, natural light, increased train capacity and decreased congestion, and improved signage to dramatically enhance the travel experience.
Needless to say, here at The Yard we’ve very excited about this announcement! Our latest location, Herald Square, is only steps away from Penn Station offering coworking space and private office suites to NYC commuters and small business owners looking to establish their headquarters in the heart of midtown Manhattan. The Yard: Herald Square is here to provide a clean, bright and energizing environment to do serious work.
￼The expansive walls of glass, soaring ceilings and broad floor plate here inspired us to create a dynamic village of office neighborhoods with full city block long vistas interspersed with both intimate and grand gathering spaces. Our staggered office blocks provide as many offices as possible the maximum light and air, while our interior streets act as an extension of the dynamic geometries and visual energy of Herald Square itself.
The original Penn Station first opened in 1910, and its underground areas have remained in continual use since then. In its current form, the station is designed to accommodate 200,000 daily passengers. In practice, it is the busiest train station in North America, serving more than 650,000 passengers every day, and is plagued by widespread pedestrian congestion and outdated facilities. The Governor’s proposal will address these current shortcomings and transform the facility into a modern, iconic gateway to New York that is capable of meeting the demands of increased ridership in the 21st century.
The project – which is anticipated to cost $3 billion – will be expedited by a public-private partnership in order to break ground this year and complete substantial construction within the next three years. Here’s to a new New York City!
If you’re looking to work in a professional environment in the heart of midtown Manhattan, book a tour or stop by The Yard and see if our coworking space or private offices are a good fit for your business goals this year and beyond.