Breaking News

NJT: $600MM for Portal North Bridge

New Jersey Transit’s Board of Directors on June 13 approved a financing agreement with the New Jersey Economic Development Authority (NJEDA) that provides up to $600 million toward the construction of the first phase of a new Portal Bridge, a key component of the ambitious Gateway Project to improve passenger rail service between New York City and New Jersey. The funding commitment “solidifies New Jersey’s local share of the project cost,” NJT said.