Halmar and Skanska have been selected by federal officials to lead reconstruction of Penn Station in New York City, placing the newly formed Penn Transformation Partners joint venture at the center of one of the country’s most complex active-rail infrastructure projects with a targeted late-2027 groundbreaking. The selection by the U.S. Dept. of Transportation and Amtrak closes a months-long procurement and shifts the project into a preconstruction phase expected to include contract negotiations, permitting, operational studies and financial close before work begins. Financial details of the arrangement with Penn Transformation Partners were not disclosed. The team was selected over competing proposals led by Macquarie-backed Grand Penn Partners and Fengate-backed Penn Forward Now.…