The authority says it will select a private partner to evaluate opportunities to invest and deliver the project faster and more efficiently while commercializing assets.
The report notes an audit found the MTA entered into the contract in 2022 without taking critical steps such as ensuring the vendor would use GPS data to help with preventive maintenance.
The redevelopment of the parcels is part of the 2018 TOD plan that established redevelopment strategies to bring lasting benefits to residents, businesses and transit riders.
The report found that Amtrak has successfully advanced three significant near‑term responsibilities in support of the project, but the company could do more to protect its interests.
