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Moynihan Station development office to be folded into the Port Authority

PatFoye_NYObserver.jpgIn nominating Pat Foye to be Executive Director of the Port Authority, Gov. Andrew Cuomo also called for consolidating the Moynihan Station Development Corporation - the state agency in charge of developing the new train station - into the Port Authority.

The Port Authority has been involved with Moynihan Station since early 2010, when Gov. Paterson charged it to manage the construction of the station hand in hand with MSDC.

A full transfer to the PA and the likely dissolution of MSDC makes sense as the project moves into a construction phase. (The PA has more experience managing construction than MSDC, most recently at the World Trade Center). A construction management team was recently hired, and construction bids from several prequalified bidders were solicited earlier this month. Bids are due back in early December, and work would begin in the late winter.

In addition to the PA's construction-management experience, the Authority might also be able to provide more funding to Moynihan Station than cash-strapped New York State.