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| Re: Push to Replace Port Authority Bus Terminal (303526) | |||
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Re: Push to Replace Port Authority Bus Terminal |
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Posted by JAzumah on Thu Mar 19 09:47:32 2015, in response to Re: Push to Replace Port Authority Bus Terminal, posted by NIMBYkiller on Thu Mar 19 02:55:59 2015. The feds have basically said that they need strong leadership on this project. In other words, this has to be a REGIONAL project. If NJT, MTA, and Amtrak jointly back this project with the full weight of all three agencies, it will happen. What are the chances of this? Almost zero with a 50/50 funding formula. You would have to find $10B in cash between the three agencies and their respective states. I don't see any agency willing or able to come up with $3.3B+. |
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