Friday, October 22, 2010 (Morning)
Officials: NJ-NY tunnel cost estimate is $9.77B (Delli Santi, The Associated Press) Trenton, Mercer County
“The cost of building a rail tunnel between New Jersey and New York City is estimated at $9.77 billion, some $4 billion less than the worst-case estimate the governor of New Jersey cited when he canceled the project two weeks ago, three government officials told The Associated Press on Thursday.”
ARC tunnel was on budget through August, documents show (Rouse, The Record) Statewide
“Public documents say a Hudson River tunnel project that Governor Christie terminated on the basis of cost overruns was on budget as of Aug. 31.”
New Jersey Rail Tunnel Needs Tighter Oversight, Federal Document Says (Dopp/Keane, Bloomberg) Statewide
“New Jersey began its stalled $8.7 billion rail tunnel without proper oversight and faces ‘significant risk’ of overruns, according to a document from the Transportation Department inspector general’s office.”
Highlands Act: Chester Township, N.J., is first Morris town to get Highlands OK (O’Dea, The Daily Record) Chester, Morris County
“The township that hosts the office of the New Jersey Highlands Council today became the first Morris County municipality to adopt the master plan written by that body for the region.”
Hawthorne aims to spruce up rail neighborhood, end parking woes with ‘transit village’ concept (Shrestha, The Record) Hawthrone, Passaic County
“The goal is to end a parking nightmare brought on by the local rail station, and in doing so improve pedestrian access to the business district around the station.”
