December 19, 2018---North Bergen--Governor Andrew M. Cuomo tours the North River Rail Tunnel that connects New Jersey and New York Wednesday night December 19, 2018. The North River Tunnels are a pair of tunnels that carry Amtrak and New Jersey Transit rail lines under the Hudson River between Weehawken, New Jersey and Pennsylvania Station in Manhattan, New York City. As of March 2018, up to $541 million for the Gateway Project, a program to build two additional rail tunnels under the Hudson River, was provided in the Consolidated Appropriations Act. (Kevin P. Coughlin/Office of Governor Andrew M. Cuomo)
NEW YORK – The Gateway Development Commission (GDC) board voted to make the GDC the project sponsor for the complete Hudson Tunnel Project.
Officials said the move is a critical milestone in receiving the billions of dollars in federal taxpayer money it needs.
The Project Sponsor is responsible for overseeing and completing the project on time and within budget, applying for and receiving Federal loans, and ensuring that the project meets all of its responsibilities under Federal requirements.
With the Commission’s resolution, the GDC will now work with the current Project Sponsor, the Port Authority of New York and New Jersey, to officially notify the Federal Transit Administration (FTA) and Federal Railroad Administration (FRA) of the change and take the necessary actions to complete the transfer of sponsorship.
Before you copy and paste this information to your website, please keep in mind this research took a lot of effort. Appreciate it. Learn from it. But do not plagiarize it. Yes, if you think we might be talking to you, we are.
WASHINGTON – Amtrak ridership in July Fiscal Year 2008 increased to 2,750,278, nearly a 14 percent increase, marking the most passengers carried in any single month in Amtrak’s 37 year history. Total ridership for the Fiscal Year to date — October 1, 2007 – July 31, 2008 — reached 23.7 million, topping the 21.3 million from the same period last year. Total ticket revenue for the fiscal year to date reached $1.4 billion, a 14.1 percent increase over the same period in FY07. For the month of July, ticket revenue increased by 18.6 percent to $168 million. “Increasing fuel prices,
The federal government is sending $4 billion to New York’s Metropolitan Transportation Authority (MTA), but agency leaders say they still need another $8 billion.
