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The former Union Station, a railroad depot for New York Central, was bought by New York state in 1966. The last train departed in 1968.
It was renamed the Peter D. Kiernan Plaza in honor of the Norstar Bancorp chairman and chief executive officer after Norstar bought, renovated and reopened the building in 1989. Union Station had taken 25 months to build, and the renovation took almost as long, reconciling historic preservation and adaptive use.