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FeedRank: 4/10  4/10  Good  ---  www.observer.com
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Friday, April 18, 2008 --- 98 days ago
An addendum to our article earlier this week on the never-ending Moynihan Station saga: The concept of converting the Farley Post Office into a rail station is widely viewed as belonging to the late Senator Daniel Patrick Moynihan, its most persistent advocate from the early 1990s until his death in 2003. But the history goes back a bit further, and started as a partnership between the U.S. Postal Service and Amtrak, both of which stood to gain from a redevelopment of Farley. Two of the major forces behind the plan's genesis: Donald Pross, who served as Amtrak’s director of real estate and development until 1995, and Dennis Wamsley, who ran the Postal Service’s asset management division. Amtrak, eager to have a more presentable flagship station, was looking at options of how to improve Penn Station in the late 1980s and early 1990s, according to Mr. Pross. Around the same time, a postal service executive was heading up a program known as asset management for the agency, finding ways to take existing properties, add other uses, and bring in some new money.  read more » ...




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