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Will the Gateway tunnel ever happen? Amtrak has bet $300 million that it will

2015-07-09 07:51:17| Railroads - Topix.net

A new train tunnel linking New York and New Jersey, seen by experts as crucial to relieving the bottleneck under the Hudson River, is on the verge of getting underway. Mr. Coscia said Amtrak could begin the environmental review process this fall, and has already spent about $300 million on preparatory work and land acquisition, even though the estimated $15 billion needed for the larger Gateway project, which includes the tunnel, has not been lined up.

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