Penn Station overhaul: Developers, Trump admin officially release renderings, but leave it unclear who’ll pay for mega-project

Developers and Trump administration officials released renderings for a $7-8 billion Penn Station overhaul, featuring expanded space and a new entrance on Eighth Avenue. The project, led by Penn Transformation Partners, involves demolishing the Infosys Theater but does not relocate Madison Square Garden. Funding sources remain unspecified.