Hoping to alleviate chronic problems with congestion, aging infrastructure and damage from Superstorm Sandy, New Jersey Transit is moving forward with a five-year, $17-billion capital plan and a first-time 10-year strategic plan — despite a $6-billion funding gap and lost revenue due to the pandemic.
The NJ TRANSIT Board of Directors approved a financing agreement with the New Jersey Economic Development Authority (EDA) which provides up to $600 million toward the construction of a new Portal Bridge. The commitment solidifies New Jersey's local share of the project cost.
State lawmakers have approved spending an extra $400 million for transportation projects. The Democrat-led Assembly passed the supplemental appropriation on March 22. Republican Gov. Chris Christie had requested the extra spending last month in his annual budget address.
Construction activities in New York City will last for seven years as Amtrak builds its multibillion-dollar train tunnel underneath the Hudson River, an official said late Feb. 21, disclosing how long disruptions will likely last in a part of Manhattan already jammed up by massive real estate development.
The lasting effects of Superstorm Sandy continue to wash across New Jersey, evident on a century-old railroad bridge that nearly became a casualty of the ferocious October 2012 onslaught. The storm surge from the Atlantic Ocean up into the Raritan Bay pushed a barge into the bridge, dislodging the deck and moving several steel girders that weigh several tons apiece.