Federal Transit Administration
Completion of the long-awaited project to link the Long Island Rail Road into Grand Central Terminal may now be 2023 and cost $10.7 billion.
About $535 million of the funding will go toward repairs of three tunnels under the river badly damaged in the Oct. 2012 storm — the Montague, Steinway and Greenpoint.
After seven months of limited service and an estimated $650 million in hurricane damage, regular service on the A train is rolling through the Rockaways.
Starting next month, the end of the the line for the 1 train will again be South Ferry.
The settlement will pay the federal government $95 million for the Hudson River rail project that Gov. Chris Christie scrapped nearly a year ago.
The $4 billion Second Avenue subway project might not be completed until 2018 — about 16 months later than the Metropolitan Transportation Authority had planned, according to a new government report.
Governor Chris Christie’s legal battle with the federal government over whether the state owes $271 million for abandoning a train tunnel under the Hudson has so far cost the state more than a $1 million.
Christie abandoned the project last fall, citing escalating costs. He noted potential overruns of $2 billion to $5 billion, which he said the state couldn’t afford.
The Federal Transit Administration has ruled that NJ must repay the feds the entire $271 million it spent on early design and engineering work for a NJ-NY train tunnel that Gov. Chris Christie scrapped.
State Senate President Stephen Sweeney worries that New Jersey could lose out on $128 million the federal government offered to credit back to help ease traffic jams once the state pays in full.
Federal Transportation Department documents show New Jersey Transit sought a new Early System Work Agreement in January to speed up the project.
New Jersey Transit’s Board of Directors on Thursday was set to consider whether to hire a Washington, D.C., law firm. Patton Boggs would be paid $485 per hour to challenge the Federal Transit Authority’s tab.
New Jersey owes the federal government more than $271 million after canceling a rail tunnel connecting the state with New York, according to a debt notice.
NJ Transit isn’t ready to cut a $271 million check to repay the federal government for the scrapped Hudson River rail tunnel, the agency’s executive director said Wednesday, two days after receiving a bill.
Governor Christie killed the project last month, citing the potential for runaway costs.