New York State Thruway Authority
That figure is as much as $900,000 more than the state requested previously, when it was turned down. But Governor Andrew Cuomo has expressed confidence that the loan will be approved.
Larry Schwartz, a top aide to Gov. Andrew Cuomo, gave the estimate at a public meeting in Ramapo on Thursday. The new price is nearly three times the current toll cost of $5.
New York state has planned innovative measures to protect fish and people during the construction of the new Tappan Zee Bridge, according to an environmental impact released Wednesday.
Standard & Poor’s said it has reduced its outlook on bonds to finance the state Thruway Authority to negative from stable. The ratings agency also said “aggressive” toll increases may be needed.
Actual construction of the new Tappan Zee Bridge has yet to begin, but residents along the Hudson River have already complained about noise.
Mayor Patricia DuBow is concerned that millions in taxable property will be lost, along with South Nyack’s long-held wish for parkland over the Thruway. Dubow critiqued a draft environmental impact study she calls flawed.
When you drive by on the old Tappan Zee Bridge and see the barges out on the water you’re looking at the new bridge taking shape and the remarkable thing is work has begun even though the contract hasn’t been let yet.
New York State is expressing interest in a $2 billion loan under what’s called the Transportation Infrastructure Finance and Innovation Act as it seeks to replace the Tappan Zee Bridge.
Authorities say a former lawyer for the New York State Thruway Employees union is accused of stealing more than $211,000 from its accounts.
Operation Hang Up, which resulted in a thousand tickets during last year’s blitz, is back.
The New York State Thruway Authority said a year ago in their crackdown on phones and gadgets at the wheel, troopers handed out nearly 900 tickets just on the Thruway in a few days.