New York and New Jersey will share the state-level funding contribution for the $1.7-billion Portal North Bridge project, a long-awaited upgrade to the Northeast Corridor that is set to begin construction later this year.
A funding agreement announced July 7 between Gov. Kathy Hochul (D-NY) and Gov. Phil Murphy (D-NJ) calls for each state to contribute $386 million toward replacing the 110-year-old Portal Bridge across the Hackensack River with a two-track, high-level fixed-span structure. The balance of the construction cost will come from federal sources, including a $766.5-million Federal Transit Administration grant, $261.5 million from Amtrak and $57.1 million from the Federal Highway Administration.