New $30 Million
Terminal for Hudson River Ferries
New Jersey Transit said
yesterday that it would spend $30 million to
build a new ferry terminal in Weehawken to help handle the
growing commuter traffic across the Hudson River.
The agency will grant a 32-year
lease of the new terminal to NY Waterway, a pirvately owned
commuter ferry operate that carries about 16,000 people back and
forth each day to Manhattan from docks in Weehawken Jersey City
and Hoboken.
The new terminal project
"is crucial to addressing New Jersey’s current and future
growth in commuter trips across the Hudson River," said the
state transportation commissioner, James Weinstein.
NY Waterways will pay the state
a lease fee depending on the number of ferry passengers on the
Weehawken line. Ridership is now about 5,500 people, which would
mean up to $600,000 per year for the state, said Arthus Imperatore,
the president of NY Waterway.
