who owns penn station

New York’s Penn Station is owned by Amtrak (the National Railroad Passenger Corporation), which has held ownership since 1976.

Who owns Penn Station?

• The legal owner of New York Penn Station is Amtrak (National Railroad Passenger Corporation).

• Ownership was transferred from Penn Central to Amtrak in April 1976 under federal rail reorganization efforts.

• Today, Amtrak owns the station infrastructure, while other agencies like New Jersey Transit and the Long Island Rail Road operate many of the commuter trains that use the station.

Quick Scoop: Why this matters now

• In 2025, the Trump administration shifted leadership of the major Penn Station reconstruction project, confirming Amtrak’s role as both owner and lead redeveloper of the station.

• The U.S. Department of Transportation emphasized that, since Amtrak owns the station, it should spearhead the overhaul, with federal backing and public‑private partnerships to upgrade the aging hub.

In short: If you’re asking “who owns Penn Station?” in 2026, the answer is Amtrak—not the MTA, not New York State, and not the private sports arena owners nearby.

TL;DR: Amtrak has owned New York Penn Station since 1976 and remains the owner and lead agency on its current multibillion‑dollar renovation.

Information gathered from public forums or data available on the internet and portrayed here.