MTA eyes future of dining, retail at new Grand Central Madison terminal

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Tuesday morning's announcement is being followed by a panel discussion on jobs and the importance of retail in transportation.

The MTA is released its request for proposals Tuesday to add retail and dining at Grand Central Madison, the LIRR's new terminal at Grand Central.

"I think the world experiences Grand Central as one of the safest places to be in transit in New York certainly," said MTA Chair Janno Lieber. "This facility has been virtually perfect since day one." What we are seeing here completes that mix," added Boston Properties Senior Vice President of Development Rich Monopoli. "This is a beautiful execution of transportation facilities. Couple that with retail that's coming, that drives office consumption."

 

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