(Source: City Lab, August 13, 2015)
NEW YORK — In January 2011, Senator Chuck Schumer warned that disinvestment in rail infrastructure between New York and New Jersey could cause a decline in the region’s economic viability. That was shortly after New Jersey Governor Chris Christie single-handedly shut down construction of an $8.7 billion federal project to build two new tunnels across the river, citing concerns about his state’s liability for cost overruns. Schumer, speaking at a Crain’s forum, said Christie’s move would have long-term repercussions.
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