NEW YORK — A transformed Penn Station would replace windowless concourses and dingy, cramped corridors with light-filled spaces and easier access to an improved streetscape, under plans revealed Wednesday by Democratic New York Gov. Andrew Cuomo and the area’s major transit agencies.

The station, situated underneath Madison Square Garden, is the nation’s busiest and operates — at full capacity during normal times — with roughly 600,000 passengers passing through daily on regional rail lines, Amtrak and the New York subway system.

The two alternatives revealed Wednesday are the culmination of a yearlong process involving the Metropolitan Transportation Authority, Amtrak, New Jersey Transit, architectural firm FXCollaborative and engineering firm WSP.

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