[Weekly Compilation of Presidential Documents Volume 34, Number 10 (Monday, March 9, 1998)]
[Page 377]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on the New Railroad Station for New York City

March 4, 1998

    Last October, at the request of Senator Moynihan, the White House 
began meetings with the Department of Transportation, the U.S. Postal 
Service, the General Services Administration, Amtrak, the Pennsylvania 
Station Redevelopment Corporation, and local officials to find a way to 
designate the James Farley Post Office Building in New York City as the 
new home for Penn Station.
    Today I am happy to announce that an accord has been reached on Penn 
Station and plans to restore the James Farley Post Office Building are 
now underway. I applaud Senator Moynihan's leadership and those involved 
in creating this magnificent opportunity.
    In 1993, I asked Congress to act on a vision to build a new, 
beautiful railroad station in Manhattan worthy of the future and worthy 
of New York City. Today that vision has become a reality.