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With federal funding dicey, officials explore private investment in cross-Hudson tunnel

April 14, 2017

By: Dana Rubinstein

(Politico) With President Donald Trump proposing dramatic cuts to transportation funding, the officials charged with building a multi-billion-dollar, nationally important rail tunnel beneath the Hudson River have begun to explore private funding mechanisms.

A public-private partnership is "certainly one of the things that we want to explore," said Richard Bagger, chairman of the Gateway Development Corporation, the entity tasked with building the tunnel...


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