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JV of Halmar, Skanska Named Master Developer for NY Penn Station Overhaul

U.S. Department of Transportation Secretary Sean P. Duffy and Amtrak have selected Penn Transformation Partners, a joint venture of Halmar and Skanska, as the private master developer team to lead the

NNN Triple Net Staff1 min read

U.S. Department of Transportation Secretary Sean P. Duffy and Amtrak have selected Penn Transformation Partners, a joint venture of Halmar and Skanska, as the private master developer team to lead the transformation of New York Penn Station. The current timeline calls for groundbreaking to occur before the end of 2027. Under the Halmar/Skanska proposal, redevelopment...

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