its builder and original tenant, and shares its name with several stations in other cities. The current facility is the substantially remodeled underground remnant of a much grander station building designed by McKim, Mead, and White and completed in 1910. The original Pennsylvania Station was considered a masterpiece of the Beaux-Arts style, but was demolished in 1963. The station was moved underground, and the Pennsylvania Plaza complex, including the fourth and current Madison Square Garden, was completed in 1968.
Until the early 20th century, the PRR's rail network terminated on the western side of the Hudson River (once known locally as the North River) at Exchange Place in Jersey City, New Jersey. Manhattan-bound passengers boarded ferries to cross the Hudson River for the final stretch of their journey. The rival New York Central Railroad's line ran down Manhattan from the north under Park Avenue and terminated at Grand Central Terminal at 42nd St.
The Pennsylvania Railroad considered building a rail bridge across the Hudson, but the state[which?] required such a bridge to be a joint project with other New Jersey railroads, who were not interested.[12][13] The alternative was to tunnel under the river, but steam locomotives could not use such a tunnel due to the accumulation of pollution in a closed space; in any case the New York State Legislature had prohibited steam locomotives in Manhattan after July 1, 1908.[14] The development of the electric locomotive at the turn of the 20th century made a tunnel feasible. On December 12, 1901, PRR president Alexander Cassatt announced the railroad's plan to enter New York City by tunneling under the Hudson and building a grand station on the West Side of Manhattan south of 34th Street. The station would sit in Manhattan's Tenderloin district, a historical red-light district known for its corruption and prostitution.[15]