Skanska to construct new entrance to Pennsylvania Station in New York City, USA, for USD 119 M, about SEK 1.1 billion
Skanska has signed a contract with Vornado Realty Trust, which is serving as project developer on behalf of the Metropolitan Transportation Authority, to construct an additional entrance to New York City’s historic Pennsylvania Station (Penn Station). This contract is worth USD 119 M, about SEK 1.1 billion, which will be included in the US order bookings for the second quarter of 2019.The new “East Entrance,” located on the corner of 33rd Street and Seventh Avenue, will feature a four-story, clear glass canopy that shelters new escalators, a staircase, and an elevator connecting passengers