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5/6/2015
The Port Authority of New York and New Jersey (PANYNJ) tomorrow will host a day-long webcast focused on expanding trans-Hudson River capacity and repairing aging infrastructure. Metropolitan Transportation Authority Chief Executive Officer Thomas Prendergast, Amtrak Chairman Anthony Coscia and other transportation leaders will participate in the summit, which will be available for streaming at transhudsonsummit.com. Viewers can submit questions or comments about the topic on the website.PANYNJ coordinated the summit to address ongoing transit initiatives, innovative infrastructure funding sources, financing techniques, public-private partnerships and other infrastructure-related topics, port officials said in a press release. Travel across the Hudson River is expected to increase within the next 25 years, which will present congestion challenges for transit links between New York and New Jersey, they said. The last infrastructure project to add a new rail track or vehicular lane across the river occurred more than 50 years ago.