Rental Market

Penn Station redesign moves forward with selection of master developer

6sqftby Devin GannonMay 20, 2026

Penn Station’s overhaul took a big step forward on Wednesday. The U.S. Department of Transportation and Amtrak announced the selection of Penn Transformation Partners, a joint venture made up of Halmar International and Skanska, as the master developer of the project following a bidding proces

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