The Biden Administration on Monday signed a $16 billion full funding agreement with New York and New Jersey that will finally get the Gateway Tunnel project,
The feds have signed a funding agreement with New York and New Jersey that will finally get work underway on new train tunnels under the Hudson River. which will build two new train tubes under the Hudson River, underway.to the project, bringing the federal contribution to $12 billion to supplement $4 billion in loans to the Empire and Garden states.
The two existing tunnels under the Hudson River, carrying Amtrak and New Jersey Transit trains between New York City and New Jersey, are over 110 years old and sustained severe damage during Hurricane Sandy. Hundreds of trains squeeze through these tubes daily to bring commuters to work in Manhattan and back to New Jersey.
The new tunnels are not expected to be completed until the 2030s, at which point the original tubes can be closed and extensively rehabilitated. Once that work is completed, Amtrak and New Jersey Transit say they could operate at double the train capacity they currently do. “This is not gonna be overnight,” said New Jersey Gov. Phil Murphy. “But when it finally hits, it will transform literally millions of lives.”
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