The Real Deal New York

Port Authority OKs $90M for bus terminal repairs

But a full replacement of the facility is still at least a decade away
July 24, 2014 09:00AM

The Port Authority of New York and New Jersey will spend $90 million on repairs to its Midtown bus terminal.

A full replacement of the 65-year-old facility, according to the authority’s new chairman John Degnan, will take at least a decade to finance.

Towards that, however, the Port Authority recently sold $115 million in air rights, and officials at the agency say they can raise additional funds through more development rights sales.

Meanwhile, improvements are scheduled for the 42nd Street bus terminal in a bid to ease the commute of the roughly 200,000 people who use the facility every day. The planned repairs will focus on reducing crowding, improving customer service and building conditions, as well as boosting WiFi access and cellular service.

The upgrade will also include a reworking of how buses move through the terminal. The Port Authority is hoping that revamp will reduce delays, which continue to plague the busy station.

Work to improve the facility’s cooling system is already underway. Industrial fans will be added to the waiting areas for those who wait for long hours in the heat. [Capital NY] — Claire Moses