Link.
Plus Cuomo wants to build an Airtrain to LaGuardia.
The Port Authority of New York and New Jersey on Thursday approved a preliminary 10-year, $32 billion plan to fund a new Port Authority Bus Terminal and renovate New Yorks airports, among other projects.
The proposed capital-works plan now goes through a public comment period before the board votes in February. The governors of New York and New Jersey can veto it.
The plan was held up in December, when it first came before the board, amid battles over replacing the aging bus terminal in Manhattan. New York and New Jersey officials have been sparring over what percentage each side should pay for a terminal that is in New York but primarily serves New Jersey passengers. The terminal sees some 115,000 commuters daily and the number is expected to grow.
The structure in the draft plan approved Thursday has New York paying one third of $3.5 billion toward the project, with New Jersey the remainder. It is still short of the $10 billion the project is estimated to cost over a decade. Port Authority officials are expecting the federal government to step up with funding.
New York Gov. Andrew Cuomo, a Democrat, scored some wins in the proposal, which funds the airport renovation plans he has promoted over the past year. The plan allocates $2.9 billion for redeveloping LaGuardia Airport which is already under way, and $2.5 billion for improvements in and around John F. Kennedy International Airport, a plan Mr. Cuomo announced Wednesday.
The proposed JFK renovations total an estimated $10 billion, with Mr. Cuomo hoping to raise private capital.
Plus Cuomo wants to build an Airtrain to LaGuardia.
The cost of the AirTrain is estimated at $450 million, which is considerably less than the AirTrain that was built for JFK to the tune of $1.9 billion. But it still seems like a lot of money to spend to go in the opposite direction of Manhattan. The Transport Politic did a great job of shaking their damn heads at Cuomo's proposal today, and according to their estimates, using Cuomo's AirTrain to get to Manhattan will actually take longer than current options provided by the MTA: