New York City Metro North Penn Station access is coming

[Adam Cherko]

I just read a new article that a contract has been awarded for the highly anticipated 4th line of Metro North which will have direct access to New York’s Penn Station. For the first time in history, residents of the sound shore in westchester and Connecticut will have a choice whether to head to Grand Central on the New Haven line, or Penn Station on this new line ending up in central midtown or west side respectively.

This also gives a redundancy to commuters that has never existed, currently all of the commuter lines of metro north use the same bridge into and out of Manhattan. If something happens to the bridge or that main track from the bridge to the station tunnel, all commuting into westchester is hauled. This will give a second option in a situation like that.

There will be 4 new stations in the east and south Bronx which is amazing news for those communities including landlords and tenants!

They estimate the project to take 63 months and have a price tag of $2.67 B.

Being that New Rochelle is the last Westchester station before the tracks split, the station will be renovated and from what I hear it will be a bit more of a hub, similar to Stamford CT, however they don’t have nearly as much real estate to work with in New Rochelle.

I just wanted to post an update as we started talking about this years ago, and we are seeing lots of investment in New Rochelle with multifamily high rise and mid rise buildings preparing for this event.

I guess the biggest flip side discussion comes from what the potential necessity of the Bronx, Westchester and Connecticut residents to commute to Manhattan in the coming decade as technology keeps charging ahead.