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Old Posted Mar 17, 2015, 5:13 PM
yankeesfan1000 yankeesfan1000 is offline
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Join Date: Aug 2010
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Who owns those though?

Ideally, I don't even think there's a bus terminal in Manhattan at all. It just gobbles up way too much real estate, and the buses consume way too much capacity in the Lincoln Tunnel and on the GWB. The current PA is a full city block, then there's the block and a half directly to the southwest that are just on-ramps. Imagine how much the PA, assuming they own all that land, could sell all that for? Of course, you'd need to build a facility on the other side of the Hudson, and a new rail tunnel under the Hudson.

But if you use Gateway's $15B price tag as a baseline, take into consideration the money the PA would receive for selling the land the facility currently occupies in Manhattan, and how much it would cost to build a new bus facility in NJ, just from ball parking, that sounds like it would cost roughly the same as the current plan.

But all that makes far too much sense for it to ever actually happen.
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