Within the next two weeks, two of NYC’s largest developers, Stephen M. Ross and Steven Roth, will unveil their $14 billion plan to renovate Penn Station under a plan that would make NJ Transit the largest single transit tenant in the building. The project would move the current bedraggled station, often derided as “The Pit,” across the street into the James A. Farley Post Office, where the original station was once held. The new design would feature a high-tech street-level waiting room, boasting a glass canopy. The plan also involves rebuilding Madison Square Garden and attaching it to the Farley Post Office, as well as building two skyscrapers over the current station and the Hotel Pennsylvania, one of which will exceed the Empire State Building in height. Overall, the project will create 10 million square feet of new office space, but developers are still quibbling with city officials over who will provide funding, so commuters from the Garden State shouldn’t get their hopes up just yet.