Lionel Train Show at Grand Central Terminal in New York More News NOVEMBER 14, 2015 – FEBRUARY 21, 2016The New York Transit Museum Gallery Annex at Grand Central Terminal hosts an annual Holiday Train Show, featuring Lionel trains. The layout is celebrating it's 14th year at Grand Central Terminal. The popular model railroad exhibition features MTA Metro-North, New York Central, and subway trains on a two-level, 34-foot-long miniature New York City and countryside scene. Vintage trains from the museum's collection, make their way to the North Pole. For more information, visit Grand Central Terminal's website.