Monday’s announcement comes as New Jersey, New York, and their various partners reach full funding for the long-sought Gateway project. Why? Because it means that this Penn Station here changes, and when it changes, people’s lives change throughout the region of this state but also in the City of Newark … people’s lives change because we made this move here today,” said Newark Mayor Ras Baraka. The remaining $59 million is set aside for improvements to Newark Penn Station’s elevators and escalators. ![]() The facility is meant to store trains during inclement weather and enable service to resume faster after severe storms. The bulk of the funds, $182 million, will go toward the Delco Lead Storage and Inspection Facility project in North Brunswick. “Today marks a significant moment, not just for the transformative investments the Biden administration’s making in NJ Transit’s infrastructure, but for the entire northeast corridor between Boston and Washington, D.C.,” NJ Transit President Kevin Corbett said at a Newark press conference Monday. ![]() ![]() The funds, awarded to the state through a grant from the Federal Railway Administration, follow an announcement last week that the feds will send an additional $3.8 billion in funds for the plan to build a new rail tunnel under the Hudson River. New Jersey will receive $241 million in federal aid for improvements to Newark Penn Station and a North Brunswick train inspection facility, federal lawmakers and transportation officials announced a day before New Jersey’s legislative elections.
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