Feds allocated $40M to Moynihan Station

The Federal Transit Administration has allocated $40 million out of its $1.9 billion budget towards the Moynihan Station project. The funds will be used towards the Port Authority of New York & New Jersey, and is part of a larger plan to ultimately extend Penn Station and convert the Farley Post Office train station into an Amtrak train station. [TRD

Shake Shack at Herald Square

Burger heaven Shake Shack is coming to Herald Square. The Danny Meyer burger chain has signed a lease for 3,265 square feet at 1333 Broadway.  The building is located on 36th Street, and asking rent was $300 per foot. [CommercialObserver]

AIQ moves to Times Square

AIQ, a financial information publisher, has signed a 10-year lease for 1500 Broadway. AIQ will occupy 9,927 square feet on the 33rd floor of the Tamares Investment Group Property owned building. Located in Times Square, AIQ will expand its footprint within the building, where it has been occupying a smaller subleased space, and will allow the company to remain in a prime location. Nick Stuller, co-founder and CEO of AIQ stated, “We love being in Times Square because it really helps our product lines and helps build a community around what we’re doing.” [CommercialObserver]

Chase looking at 5 Manhattan West

Chase Digital Media, the mobile and website division of JPMorgan Chase, is reportedly eyeing 5 Manhattan West. JPMorgan Chase’s tech division is currently in talks to occupy 150,000 square feet of the Brookfield Office Properties building. The 1.7 million-square-foot tower is located at 450 West 33rd Street, and is in the mist of a $200 million makeover. [TRD]

The Going-ons at the Hudson Yards

There’s a lot of planning, hammering, crane lifting, and building risings over at the Hudson Yards. Curbed.com has created an interactive map In an effort to track the development happening within the Special Hudson Yards District. All in all, the map showcases 33 different projects within the Hudson Yards boundaries. [curbed]