News From Trenton · February 7, 2023

President Biden Announces $292 Million Mega Grant for Hudson Yards Project in New York City

insidernj.com

This funding will cover construction of the third and final section of the concrete casing intended to preserve future right-of-way for the new Hudson River Tunnel and allow for the continued redevelopment of Hudson Yards. This is a critical piece of the larger Gateway Program, which will modernize this heavily used part of the Northeast Corridor, and a critical step towards creating a new Hudson River tunnel. Superstorm Sandy badly damaged the over century-old North River Tunnels, causing deterioration and leading to more frequent delays due to component failures within the tunnel. Once the new tunnel is built it will allow for work on the North River Tunnel to proceed with fewer service disruptions.

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From NJ SEED: News From Trenton - February 7, 2023.