![]() ![]() Brad Hoylman-Sigal, Assembly member Tony Simone, City Councilman Erik Bottcher and the chair of Manhattan Community Board 4, Jessica Chait - essentially the majority of the people who would have the power to oppose a plan like this. “The bus terminal has become a poster child for failed legacy infrastructure that desperately needs to be replaced.”Ĭotton’s speech was followed by words of approval from state Sen. “Time has not been kind for Port Authority ,” Cotton said during opening remarks. The new main terminal will be completed in 2032, and crews could break ground before the end of 2024, according to the Port Authority. A temporary terminal and new ramps are scheduled for completion in 2028 while demolition of the current building is underway. and the permanent closure of West 41st Street between Eighth and Ninth avenues will provide more retail within an indoor atrium. Much of the retail space will face outward. ![]() The main terminal will span 2.1 million square feet. “The exact design in terms of the retail space, beverage space, and certainly the office buildings, are 10 years away.” That’s the next four, four and a half years in front of us,” Cotton said. “The first buildings that are gonna get built are the station and storage building and the ramps. It’s too early to tell how much office or retail space will be available to potential tenants, but Rick Cotton, the executive director of the Port Authority, told reporters that the agency is looking to markets far enough in the future to dodge the distress currently seen in the office market. SEE ALSO: IPA Adds Veteran Multifamily Duo From CBRE to DC Team ![]()
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