New Plan Cuts More Than $1b Off New York Rail Tunnel Cost

NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Sat, 08/24/2019 - 4:57am

NEWARK, N.J. (AP) — New York and New Jersey submitted a new plan for a rail tunnel project under the Hudson River that cuts nearly $1.5 billion off the previous cost estimate, as officials seek to break a funding impasse with the federal government that has stalled progress in recent years. The plan announced Friday envisions design and construction savings that would reduce the new tunnel's estimated cost from just over $11 billion to $9.5 billion.Read more on NewsOK.com

NEXT
Topics:  newark   n.j ap     new york   new jersey   hudson river   newsok   plan   cuts   cost   rail tunnel   billion   
BING NEWS:
  • NYC’s $16 Billion Gateway Tunnel Project Wins Final Federal Signoff
    (Bloomberg) -- The long-delayed $16 billion rail tunnel project connecting New York and New Jersey has received the final nod from the federal government that it will be receiving its $6.88 billion ...
    06/12/2024 - 12:49 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News