BigDell wrote:* In 2012, the feds’ Government Accountability Office reported that Christie’s cost-overrun claims were exaggerated. The nonpartisan office also refuted his oft-repeated claim that New Jersey would have been responsible for all of those overruns – one of the governor’s primary arguments for pulling out of the project.
...This isn't just a "NJ" project (albeit NJ commuters benefit the most). This is the national conduit for Amtrak from all points West/South of NY (not counting the West/North routes, I know). This should have been a fully federal project with minor contributions from NJ or, at the very least, a fixed-cost to NJ that would have guaranteed any overrides would not fall on NJ taxpayers...
ARC was most definitely a New Jersey project. New Jersey wanted to control it -- and they did -- with the right to design it and have veto power over the design. They got that. Why should it have been a fully federal project with New Jersey making only minor contributions. New York State is largely financing the ESA and SAS projects; New York State isn't complaining.
The GAO also disputes the notion New Jersey would've been solely responsible for any cost overruns. Should the U.S. have guaranteed any overruns? With New Jersey having control of the project that doesn't sound like a smart idea. IIRC New Jersey and US DOT could have negotiated a formula for paying cost overruns but Christie rejected that.
I understand why Christie (and others) didn't like the project. The problem is, I don't think adding cross-Hudson rail capacity is a big priority with Christie and I think in the long term that's going to be bad for the Garden State. We're already seeing that. The Christie Administration is supporting construction of thousands of housing units in new 'transit villages,' many located along the NEC. NJ Transit does not now have the capacity to move thousands of additional commuters into or out of Penn Station at rush hour and won't have the capacity for many years.
This is from a document released by NJ DOT four months ago.
The New Jersey Department of Transportation (NJDOT) and NJ TRANSIT spearhead a multi-agency Smart Growth partnership known as the Transit Village Initiative. The Transit Village Initiative creates incentives for municipalities to redevelop or revitalize the areas around transit stations using design standards of transit-oriented development (TOD)....Studies have shown that adding residential housing options within walking distance of a transit facility; typically a one-half mile radius, increases transit ridership more than any other type of development. Therefore, one of the goals of the Transit Village Initiative is to bring more housing, businesses and people into the neighborhoods around transit stations. Link