NEW YORK (CBSNewYork) — New York Sen. Chuck Schumer says a deal has been reached between the MTA and Amtrak that will speed up work on two big transportation projects.

Schumer said Monday a disagreement over which agency would pay for fixing the East River Tunnels has been solved.

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Now work can proceed on that project and on Penn Access, which will create four new commuter rail stations in the Bronx.

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“Amtrak will pay $500 million to help us pay to build the line to Penn Access through the Bronx and up to New Rochelle,” Schumer said.

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Schumer said the agreement was reached because both projects can tap into a $30 billion federal rail account that was created by the bipartisan infrastructure bill.

CBSNewYork Team