The original artist rendering by the winning bidder earlier this year featured the Pennsylvania Station name above the proposed new Grand Entrance on Eighth Ave.
The original artist rendering by the winning bidder earlier this year featured the Pennsylvania Station name above the proposed new Grand Entrance on Eighth Ave. ( Photo: Penn Transformation Partners)

Aside from a plan to divert city property tax to help pay for the $8 billion rebuild, Trump’s Transportation Secretary Sean Duffy is also urging that the nation’s busiest rail hub come up with a new name.

Trump Admin Wants to Divert Property Taxes and Seeks New Name for Penn Station
25 Jul 2026 | 09:56
News

The Trump administration for the first time publicly said it wants to divert New York City property taxes from development projects around Penn Station to help pay for its $8 billion plan to transform the station into a world-class rail hub.

The feds would then like to rename the station, but they won’t...

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