The Public Authorities Control Board, which reviews projects financed by New York State authorities, voted last Friday to approve Phase One of the Moynihan Station project. The $267 million project, to expand the West End Concourse, build two new entrances into Penn Station through the Farley Post Office building and upgrade key infrastructure is funded in part with federal grants (approximately $110 million), and in part with State and Local funding ($75 million). PACB approval clears the way for construction, which could begin this fall or winter.