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Re: Push to Replace Port Authority Bus Terminal

Posted by JAzumah on Tue Mar 24 10:18:56 2015, in response to Re: Push to Replace Port Authority Bus Terminal, posted by WillD on Tue Mar 24 02:32:17 2015.

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Everyone knew ARC was going to come in around $12B. The Feds offered a low interest loan for $3B. Christie could have taken it and asked for relief later, but he had already planned to steal the local money backing the project. Gateway (which is modified ARC) now has a low estimate of $15B. If you strip Portal Bridge and the new Manhattan terminal, you are still looking at $11B for the tunnels.

Since the 7 tunnels will be similarly sized, you can start at $11B.

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