Crain's | Hochul’s plan for Penn Station could cost taxpayers, city agency says

New York City taxpayers coughed up nearly $400 million to Wall Street bondholders after property-tax and other revenues at Hudson Yards didn’t meet targets. Gov. Kathy Hochul could be setting up a repeat of that scenario with her plan to use the revenues from 10 new office towers to pay for rebuilding Penn Station. 

Read the article here.