Sen. Lautenberg Tries Arranging Private Help For Tunnel

NEWARK, N.J. (AP / WCBS 880) – A new study says a $9 billion rail tunnel would cut the commuting time between New Jersey and New York City.

LISTEN: WCBS 880’s Levon Putney with Sen. Frank Lautenberg

U.S. Sen. Frank Lautenberg announced the results of the Regional Plan Association study at Newark’s Penn Station on Thursday.

The group says the tunnel would increase NJ Transit’s on-time performance and drive economic growth.

New Jersey Gov. Chris Christie killed the project because of cost overruns. But the Republican gave it a two-week reprieve after meeting with U.S. Transportation Secretary Ray LaHood on Friday.

Lautenberg helped secure $3 billion in federal funding for the tunnel.

The Democrat has met with an undisclosed major financial firm to discuss private funding to keep the project on track.

More than half a billion dollars have been spent so far.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

More from Levon Putney

One Comment

  1. Vince says:

    I totally agree. The area could use the jobs and bump in economy but not at the expense of the tax payers of New Jersey in the tune of Billions of dollars. Have New York kick in some extra money.

  2. tom says:

    The project is already riddled with cost overruns, and if Christie had to raise taxes after it’s built you people would be complaining about that too.

    They say that the new tunnel will help alleviate congestion on the roads, how is this when they are losing customers every time NJ Transit raises fares and cuts back the number of trains it is running. Another thing people seem to forget is the reason no one rides NJ Transit is because there is not enough parking at any of the stations and if you do find parking the fee is ridiculous. They even charge a ridiculous fee to securely lock up your bicycle at a station; it ends up being cheaper to drive into NYC.

    I would love to see the tunnel built but not at the cost of my taxes going up. I would rather see that money used to upgrade the current stations in New Jersey to add cheap parking for both cars and bikes, but that will never happen because this is New Jersey.

  3. iRunThis says:

    In case everyone has forgotten…NJ is broke.
    Fiscal responsibility comes first people.

  4. Frank says:

    Hey, if Jersey doesn’t want the money, then fine. They elected Christie. They made their bed. New York will gladly take that money; we could use some new subway lines!

    1. Vince says:

      If New Jersey kills the project nobody gets any money and the funds already spent are gone. Maybe if New York kicked in extra money like New Jersey maybe the tunnel will be built.

  5. BS Meter says:

    Is NY still part of the “Port Authority of NJ and NY”..? Shouldn’t our NY gov. candidates or our Gov (!) actually weigh in on how all these NJ jobs, and the NJ motive/ how the commuting/moving to NJ will be made more easy? (just asking)

  6. Josh P says:

    If the previous studies were sufficient to get approval for the tunnel, do you think a new study is going to detract from it?!?!? Build the tunnel.

Comments are closed.

More From CBS New York

Get Our Morning Briefs

Listen Live