The optimistic vision of a glittering new mini-city on Manhattan's far West Side is in danger of dying from uncertain funding, risky financing and lack of coordination, a Daily News investigation reveals.
Moynihan Station plan in jeopardy over finance & coordination
The dream - some critics call it a pipe dream - envisions a neighborhood built over the Metropolitan Transportation Authority's West Side railyards, a relocated Madison Square Garden, an elegant new rail hub to replace dingy Penn Station and a commuter rail tunnel under the Hudson River.
All of these projects are in various stages of development, but despite billions spent by the city, state and developers on studies, land acquisition and architects, no one has figured out who will pay for all of it, or how.
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