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The Metropolitan Transit Authority says it wants the organizers of New York City’s marathon to pay $750,000 a year, citing the steep loss of bridge toll revenues for closing the Verrazano ...
Under the new plan, the proposed bridge would charge tolls for motorists, and its $50 million cost would be paid off using federal bonds. [29] La Guardia preferred a tunnel instead, and so the next year he requested the New York City Tunnel Authority to review the feasibility of such a crossing. [30]
The agency has a $54.8 billion plan to update signaling, add elevators to 70 stations and make other infrastructure improvements, but it needs the congestion pricing revenue to pay for it ...
Woodrow Wilson Bridge Replacement, Washington, D.C., Northern Virginia, and southern Maryland: 1959–1964 $320 million 1964 $2.44 billion Verrazano-Narrows Bridge: 2015–2022 $2.3 billion [13] (est.) I-4 Ultimate corridor reconstruction, Orlando, Florida: 2008–2018 $1.8 billion [14] (est.) Interstate 69 Extension SIU #3, Evansville to ...
The TBTA is the largest bridge and tunnel toll agency in the United States by traffic volume. It generated more than $2.4 billion in toll revenue from 335 million vehicles in 2023. [ 2 ] As of 2023 [update] , its operating budget was $596 million; [ 3 ] the budget is funded through taxes and fees.
Tolls would increase by 25 cents on Jan. 5, 2025, followed by additional 25-cent increases between 2026 and 2028, in addition to automatic toll hikes based on inflation.
There were concerns as early as 1994 about the huge mass of concrete used in the Lily Pond Bridge, which is one of three bridges or passes on the Staten Island side of the Verrazzano-Narrows Bridge. [7] Since the completion of the project, the toll plaza has been demolished and replaced with an electronic toll collection gantry.
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