New York State Scrambles to Put Mega Projects Back on Track: Costs Need Cutting at Convention Center; Fresh Start at Moynihan Station
The $1.7 billion needed to expand and redevelop the area surrounding the Jacob K. Javits Convention Center in New York City isn't going to be nearly enough, says Patrick Foye, Chairman/Downstate for New York State's Empire State Development Corp., the owner of the convention center.
The Convention Center plan "was inherited" by the current Elliot Spitzer administration from former governor George Pataki. Phase one entails doubling exhibit and meeting room space to more than approximately 1.3 million sq ft. The plan also includes a hotel and a multi-function, screening, loading and marshalling facility.