In keeping with the earlier report this week, the planned conversion of the James A. Farley Post Office into a new transit center, the Moynihan Station, moved a step closer to reality. Yesterday, the Public Authorities Control Board voted to approve spending $230 million to buy the post office. While the PACB has approved this and politicians are patting themselves on the back, we doubt the drama will be over. Last October, Assembly Speaker Sheldon......

The Public Authorities Control Board votred to approve the Atlantic Yards project. This means the last minute effort to convince Assembly Speaker Sheldon Silver to vote yes on the project worked, and Governor Pataki can leave office knowing that the project passed during his term. However, expect lawsuits to delay the project from going forward. The Brooklyn project will span 22 acres in downtown Brooklyn and will cost $4 billion. Here's the Atlantic Yards......

Dun dun DUN! It turns out about NY1 reported that Assembly Speaker Sheldon Silver might try to delay a Public Authorities Control Board vote on the Atlantic Yards project, planners from the Empire State Development Corporation went to his office to plead their case! Now it looks like the vote will happen today and that Silver may, in fact, okay the massive $4 billion project as long as Governor Pataki "doesn't tie it to other......

NY State Assembly Speaker Sheldon has done it again: NY1 reports that Silver has delayed ruling on the Atlantic Yards project because "he still has financial questions." The NY Sun had a story today about growing pressure for Silver to delay the vote, given outcry from not just civic groups like the Municipal Art Society, Regional Plan Association, Citizen's Union, and National Resources Defense Council, but other politicians as well. Brooklyn Papers also adds that......

It’s another defining week for the Atlantic Yards. On Wednesday, the 8 million square-foot project faces one of its last hurdles: approval by the Public Authorities Control Board, the state oversight body that monitors Albany’s fiscal commitments to projects like the Yards. PACB votes have derailed large-scale projects before, most notably last year when Assembly speaker Sheldon Silver and Joseph Bruno, the Senate majority leader, killed the West Side Stadium plan. Of course, it’s no......

Assembly Leader Sheldon Silver did the expected thing at a state Public Authorities Control Board meeting to discuss the Moynihan Station: He refused to support it, ensuring that the city is at least another year away from starting a new transportation hub for NJ Transit and LIRR commuters. Well, we guess Governor Pataki's decision to delay a vote didn't work out very well, but it's not like Silver would suddenly be convinced in three......

Senator Daniel Patrick Moynihan is probably turning in his grave right now. Plans for the Moynihan Station have been "derailed" as plans to discuss it have been postponed. Officials had been hoping that the Public Authorities Control Board would approve the project this year, so it would happen under Governor Pataki's term. But with opposition to and many questions surrounding the project, the NY Times reports "the Pataki administration took the proposal off the table......

Some of the folks working on the neverending story that is the Moynihan Station (aka the new Penn Station) are starting to publicly complain about the politcal developement hell that it has become. In a letter to State economic czar Charles Gargano developers Steven Roth and Stephen Ross wrote that "the functional heart" of the station "will have its own independent utility... and therefore there is no reason to delay." In otherwords, even if......

Plans for a new stadium for New York's two local baseball teams was approved by the Empire State Development Corporation's board yesterday. The two stadiums, with a combined stadium only cost of over $1.2 billion. Along with the preliminary approval, the board released some additional details on the two stadiums. The new stadium for the Mets, which will cost $444.4 million (that's a lot of fours for being so close to Chinatown) for the......

To get ready for tomorrow's NY State Public Authorities Control Board vote on whether or not public funds can be used for the proposed West Side Hudson Yards project that includes a Jets stadium, Gothamist will summarize some upcoming events, as noted in a Newsday article:- Friday: The PAC board meets to vote; the members are Governor Pataki, State Assembly Leader Sheldon Silver, and State Senate Majority Leader Joseph Bruno. This vote's been delayed a......

Mayor Bloomberg is getting very impatient about the state of the West Side Stadium, asking political leaders in the state to go ahead and approve the gosh-darn thing already. (The gosh-darn emphasis is Gothamist's.) What's funny is that the Mayor wants everyone to ignore Cablevision's lawsuit against the MTA, Jets, and City, which accuses all three entities of colluding to give the Jets the West Side railyard rights. Now, a few state panels need to......