NJT Is Buying a Dry Dock

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NJT Is Buying a Dry Dock

Postby EuroStar » Tue Jan 09, 2018 1:36 pm

The mismanagement of the agency in the last days of this administration continues: http://www.nj.com/traffic/index.ssf/2018/01/could_nj_transit_expenses_spark_a_future_fare_hike.html.
The agency's spending came under fire by some lawmakers for high overtime costs and a proposal to buy a former dry-dock in Hoboken for $11 million (a move NJ Transit's board is scheduled to vote on Wednesday).


More details are available here:http://www.nj.com/hudson/index.ssf/2017/11/competing_plans_for_hoboken_dry_dock_pit_zimmer_v.html.

While the ferries carry the equivalent of 2-3 ten car trainsets worth of passengers across the river, NJT continues to find ways to subsidize what would otherwise be an unprofitable private operation. It is amazing how they cannot find the money to expedite projects such as the pocket track at Summit or the high level platforms at Lyndhurst and Perth Amboy, but very quickly found $11 million to buy a property in order to prevent Hoboken from exercising imminent domain. It is not as if the ferries will ever have a chance of making up the lost capacity in case of a Hudson Tunnel failure -- the ferries have always been a luxury for the few who work or live close to one of the shores.
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Re: NJT Is Buying a Dry Dock

Postby andrewjw » Tue Jan 09, 2018 10:57 pm

EuroStar wrote:The mismanagement of the agency in the last days of this administration continues: http://www.nj.com/traffic/index.ssf/2018/01/could_nj_transit_expenses_spark_a_future_fare_hike.html.
The agency's spending came under fire by some lawmakers for high overtime costs and a proposal to buy a former dry-dock in Hoboken for $11 million (a move NJ Transit's board is scheduled to vote on Wednesday).


More details are available here:http://www.nj.com/hudson/index.ssf/2017/11/competing_plans_for_hoboken_dry_dock_pit_zimmer_v.html.

While the ferries carry the equivalent of 2-3 ten car trainsets worth of passengers across the river, NJT continues to find ways to subsidize what would otherwise be an unprofitable private operation. It is amazing how they cannot find the money to expedite projects such as the pocket track at Summit or the high level platforms at Lyndhurst and Perth Amboy, but very quickly found $11 million to buy a property in order to prevent Hoboken from exercising imminent domain. It is not as if the ferries will ever have a chance of making up the lost capacity in case of a Hudson Tunnel failure -- the ferries have always been a luxury for the few who work or live close to one of the shores.

It's eminent domain. But I quite agree - there should absolutely be higher priorities.
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Re: NJT Is Buying a Dry Dock

Postby lensovet » Fri Feb 16, 2018 3:59 am

Paul Borokhov

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