Transport Group: Local Funding Vital to N.Y.C. Region

Braun, Martin Z.
April 2003
Bond Buyer;4/28/2003, Vol. 344 Issue 31623, p6
Trade Publication
This article reports that a commuter rail tunnel under the Hudson River, the long-proposed Second Avenue subway, and a Long Island Railroad station on Manhattan's east side are the top regional transportation priorities for metropolitan New York City. The U.S. Department of Transportation would announce a $ 250 billion spending plan reauthorizing TEA-21, the existing surface transportation funding law. The plan will offer $201 billion over six years for highwaysand $46 billion for transit. George Warrington, New Jersey Transit's executive director, called for the construction of a$ 3 billion to$ 5 billion tunnel beneath the Hudson to relieve congestion for the growing number of commuters coming to Manhattan from the Garden State.


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