Tri-State: Lower Than Expected Loan for TZB Could Lead to Steeper Tolls
For immediate release: March 8, 2013 Contact: Veronica Vanterpool, 212-268-7474 or 917-957-9748
Statement of Tri-State Transportation Campaign Executive Director Veronica Vanterpool on the report of New York State’s federal loan application moving forward:
New York State’s taxpayers will be paying more money [...]
New York State officials have not yet submitted the formal application for a TIFIA loan, but they seem confident the Tappan Zee project will receive funding. | Photo: The Journal News
The unveiling of a financing plan for the Tappan Zee Bridge is becoming a classic chicken and egg scenario. New York State [...]
An animation of the new Tappan Zee Bridge was unveiled earlier this week. | Image: New York State
On Monday, the New York State Thruway Authority hosted a panel in Tarrytown to introduce the members of the Tappan Zee Constructors team that will build the new Tappan Zee Bridge. The event included a presentation and a [...]
The proposed Tappan Zee Bridge still lacks a financing plan. (Source: Transportation Nation)
Last Thursday, the NYS Thruway Authority announced that it will be borrowing $500 million to pay for the initial construction phases of the Tappan Zee Bridge replacement project. Unfortunately, the state still has not outlined a plan to pay back [...]
The latest step in the Governor Cuomo’s march toward building a new Tappan Zee Bridge was taken yesterday when the New York State Thruway Authority’s Board of Directors accepted Tappan Zee Constructor’s $3.1 billion bid to replace the existing transit-less span with two new, wider transit-less spans. When accounting for additional costs that include [...]
Four months after it was initially promised, the New York State Thruway Authority has announced the much-anticipated Mass Transit Task Force for the new Tappan Zee Bridge. We’re also pleased to report that TSTC’s Executive Director, Veronica Vanterpool, has been selected to serve on the Task Force.
Over the course of the next year, [...]
Rendering of Design Proposal 1 for the new Tappan Zee Bridge | Image: New York State Thruway Authority
Over a year after New York State announced a new Tappan Zee Bridge project, yesterday the New York State Thruway Authority released basic sketches and cost estimates for the three Tappan Zee Bridge replacement proposals [...]
The Tappan Zee | Photo: Dougtone/flickr
In August, New York State committed to forming a transit task force in order to get essential local support for the Tappan Zee Bridge replacement project, which dropped its transit focus when the project was fast tracked last October. Over two months later, traffic-weary Lower Hudson Valley residents have seen [...]
Time and time again, Tappan Zee Bridge replacement boosters—including Tri-State—have emphasized the importance of the project in creating jobs. Any infrastructure initiative of this size will help construction workers’ families make ends meet, so long as construction continues.
But not all transportation infrastructure investments are equal. According to a 2011 Smart Growth America report, [...]
Today, Governor Cuomo announced that the Federal Highway Administration has signed off on the Tappan Zee Bridge replacement project. The approval was the largest regulatory hurdle remaining before construction, which the state aims to begin within several months, although the construction firm that will build the bridge has yet to be named. The next major hurdle for [...]
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