Amtrak

October 18, 2016

Approval process for new $24 billion Hudson River tunnels fast-tracked; construction could start in 2019

The $24 billion plan to construct two rail tunnels beneath the Hudson River has been designated a priority, which will get it fast-tracked through environmental and permitting stages and trim development time by a year or more, the Wall Street Journal reports; with construction beginning in 2019, the tunnels could be operational as early as 2024, U.S. Transportation Secretary Anthony Foxx said at a news conference at Penn Station on Friday. Both Amtrak and NJ Transit will use the new tunnels, which are among the first steps in a broader plan by Amtrak find ways to handle double the current number of passenger trains running beneath the Hudson River.
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September 29, 2016

MTA board member asks who will pay for Penn Station overhaul

As 6sqft previously reported, Governor Andrew Cuomo announced plans early this week for a $1.6 billion overhaul of Penn Station, and further details revealed that the Metropolitan Transportation Authority would be responsible for $150 of the project's costs. Since those plans were released, questions have been raised about where that organization's share of the tab would be coming from in an already stretched budget.
So where is this money coming from?
September 28, 2016

REVEALED: Governor Cuomo unveils plans for new Penn Station-Moynihan Train Hall complex

In a presentation (pdf) Tuesday at the Association for a Better New York, Governor Andrew Cuomo announced that plans for transforming a revamped Penn Station-Moynihan Train Hall complex into a "world-class 21st century transportation hub" were back on track and ready to roll, complete with a slew of new renderings and the selection of a developer-builder team including the Related Companies, Vornado, and Skanska AB, to redevelop the Farley Building.
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January 21, 2016

Amtrak Estimates Penn Station and Hudson River Tunnel Projects Will Cost $24B

When Governor Cuomo announced his $3 billion revamp of Penn Station earlier this month, skeptics were quick to point out that all the glassy new structures and reconfiguration of waiting rooms won't do anything to help the fact that the Hudson River rail tunnels are crumbling. Clearly on the same page, Amtrak announced yesterday a detailed overview of the entire infrastructure project, and it comes in at a whopping $23.9 billion. According to the Times, "the largest share of about $7.7 billion [will go towards] building the new Hudson tunnel and repairing the existing tunnel. The project includes a host of other elements, including expanding Pennsylvania Station in Manhattan at an estimated cost of $5.9 billion, and replacing rail bridges in New Jersey."
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