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News
Port Authority Weighs Toll Hikes
by Bob Hennelly
NEW YORK, NY November 16, 2007 —The Port Authority says it will cost more to cross the Hudson, thanks to an increase in tolls and PATH train fare. WNYC's Bob Hennelly reports.
REPORTER: Port Authority officials say new revenue is the only way to fund $30 billion in projects like a 2nd Hudson rail tunnel to double capacity between the states. Port Authority Executive Director Anthony Shorris says the plan complements Mayor Bloomberg's congestion pricing strategy. It discourages auto use while investing in mass transit.
SHORRIS: In fact, the increases in tolls and fares with investments in mass transit will take as many cars off the road as the mayor's own plan. It is exactly the same concept.
REPORTER: In addition, the Port Authority's capital plan calls for a total makeover of its PATH train system that links Newark, Jersey City, Hoboken and Manhattan. It also calls for improvements to Stewart Airport in Orange County and a new Goethals bridge.
Over the next few weeks, there will be public hearings on the increases. Governors Corzine and Spitzer have to sign off on the plan. Port Authority officials expect the hike to be in place early next year.