MSG will stay put as Trump team announces $8B for Penn Station makeover
Madison Square Garden will remain in its current location as part of a major redesign plan for Penn Station, which has been approved by the Trump administration. The federal government has committed $8 billion to revamp the station, with construction expected to begin by the end of 2027. The project aims to enhance passenger experience and expand the station's capacity while keeping MSG linked to the hub.
- ▪The Trump administration and Amtrak have approved an $8 billion plan to redesign Penn Station.
- ▪Halmar/Penn Transformation Partners has been selected as the master developer for the project.
- ▪Construction is expected to start by the end of 2027, with plans for a grand entrance and improved concourses.
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Metro MSG will stay put as Trump team announces $8B for Penn Station makeover By Haley Brown and Carl Campanile Published May 20, 2026, 5:57 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Swish! Madison Square Garden will not be forced to relocate under a Penn Station redesign plan approved by the Trump administration and Amtrak Wednesday — with the federal government pledging $8 billion to revamp the decrepit train hub. Halmar/Penn Transformation Partners was the “master developer” chosen to lead the overhaul of the nation’s busiest commuter rail station, US Department of Transportation Secretary Sean Duffy and the Amtrak Board of Directors said in a joint announcement.
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