New York – Page 5 – Railfanning.org

New York Receives $6.8 Billion for Tunnel Project

July 7, 2023 The Center Square

New York is getting nearly $6.9 billion in federal funding to help build a long delayed second tunnel beneath the Hudson River in what state leaders say is the largest transportation grant in U.S. history.

Report: MTA Means Big Bucks for New Jersey Businesses

July 7, 2023 The Center Square

While New Jersey officials are seeing red over the New York Metropolitan Transportation Authority’s new congestion pricing plan, the state is still getting plenty of green from the regional transit agency.

Suburban Lawmakers Seek Exemption From MTA Payroll Tax

February 21, 2023 The Center Square

A bipartisan group of suburban New York lawmakers want their regions to be exempted from a proposed payroll tax increase being pitched by Gov. Kathy Hochul to help bail out the Metropolitan Transportation Authority.

Biden Visits New York to Tout Infrastructure Spending

January 31, 2023 The Center Square

President Joe Biden visited New York Tuesday to tout how his infrastructure law is making investments in the nation’s transportation system, and deliver a $300 million federal grant for a long-delayed Hudson Tunnel project.

Turnpike Authority Agrees to Pay Billions for Tunnel Project

December 27, 2022 The Center Square

The New Jersey Turnpike Authority has approved a deal to make tens of millions of dollars in annual loan payments to finance New Jersey’s share of a $16 billion rail tunnel project.

New York Transit to Address $11.4 Billion Budget Deficit

December 3, 2022 Railfanning.org News Wire

Officials with New York’s Metropolitan Transportation Authority laid out a proposal to its Board Wednesday, to address the $11.4 billion in budget deficits it faces over the next four years, and may include the first fare increase since April 2019.

Gateway Development Commission Will Sponsor Hudson Tunnel Project

September 13, 2022 Railfanning.org News Wire

The Gateway Development Commission (GDC) board voted to make the GDC the project sponsor for the complete Hudson Tunnel Project.

Hochul Leans on Feds for Rising Costs of Gateway Tunnel

September 7, 2022 The Center Square

Rather than try to downplay reports that costs for the Gateway Tunnel project are going up, New York Gov. Kathy Hochul leaned into it Tuesday.

Authorities Board Gives OK to Penn Station Funding, Also Voices Caution

July 28, 2022 The Center Square

A key New York board gave its initial authorization Wednesday to a plan for funding the Penn Station redevelopment proposed by Gov. Kathy Hochul earlier this week.

All Aboard for Replacing Century-Old Rail Between New York City, Newark

July 7, 2022 The Center Square

Ten miles of rail, $12 billion to upgrade for the 450 trains a day and their passengers.