The NYT has a good article today about the proposed redevelopment of the area around Penn Station with ten new buildings. The proposed Penn Station redevelopment and enhancements would cost an estimated $15B and the Gateway Tunnel replacement would cost an estimated $15B - $20B. This is exactly where new development should be located.
https://www.nytimes.com/2021/05/05/n...FSpQBLwxvQoyTI