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(Source: Bloomberg Businessweek, April 5, 2012)

NEW YORK – Mayor Michael Bloomberg said Tuesday he hoped the city subway would be extended underneath the Hudson River to New Jersey “in somebody’s lifetime” after a top transit official said it would be too expensive.

Bloomberg, whose administration more than a year ago pitched the concept of extending the No. 7 train to the Garden State, was responding to comments by the chief of the city’s subways, who said he couldn’t see extending the system under the river “in our lifetime” or “anybody’s lifetime.”

Full story: Bloomberg Businessweek