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| Re: Push to Replace Port Authority Bus Terminal (303686) | |||
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Re: Push to Replace Port Authority Bus Terminal |
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Posted by Joe V on Sun Mar 22 13:09:54 2015, in response to Re: Push to Replace Port Authority Bus Terminal, posted by JAzumah on Sun Mar 22 12:40:47 2015. I do not believe that $100M operating profit in interstate bus operations at all. The entire bus operation has a farebox recovery in the 40's, rail in the 50's. Furthermore, MTA will not pay much of anything toward Gateway. The west-of-Hudson rail passengers don't amount to much. As far as "NJT is a lot more involved in Gateway than they are leading on", Gateway has exactly Zero dollars funded. The current Box tunnel that Amtrak is doing is from Sandy funds. There's around $20M per year to keep a bunch of Amtrak civil engineers in Philly busy.The bus system will be busted up sooner or later. Camden was just the start. The delays into Manhattan are not sustainable, operating profit or not, nor is anyone going to spend $10B on another bus terminal. This has already occurred in the WMATA service area. Thru buses to DC was replaced by Metrorail. Same in Portland when MAX LRT came to be. |
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