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Billionaire Dolan

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infrastructure2 years ago

"Controversial Penn Station Revamp Proposal Sparks Debate"

A new proposal to revamp Penn Station in New York City would involve paying billionaire James Dolan $500 million for his air rights above Madison Square Garden, which sits atop the station. The plan, put forth by the Municipal Art Society, aims to create a new entrance and concourse for the station, as well as improve connectivity and passenger experience. However, the idea of paying such a large sum to Dolan has sparked controversy and criticism.