New York & Tri-State + Finance | April 12, 2021

Expanding Trans-Hudson capacity with the Gateway Program is crucil to the New York City region's economy, says the Regional Plan Association

Gateway Tunnel Project on Fast Track to Complete Federal Review

The Biden administration said Friday it would conclude the Gateway Tunnel’s environmental review by May 28. New York Gov. Andrew Cuomo called the Gateway project, intended to add passenger rail capacity between New Jersey and New York, “the single most important infrastructure project not only for this region but for the entire nation.”

Cuomo added, “This announcement, combined with previous actions by the Biden administration to advance the nation’s first congestion pricing program in New York City, is proof positive that New York finally has a true partner in Washington.”

At the Real Estate Board of New York, president James Whelan said, “Strong leadership from the Biden administration on infrastructure is a welcome sign for the nation’s economic recovery.” He added, “It will be crucial for the federal government to keep this momentum going and act quickly to allocate the funds needed to get the project underway.”

Connect

Inside The Story

Connect With Gov. Cuomo

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).