SEPTEMBER 24, 2015, 7:06 AM LAST UPDATED: THURSDAY, SEPTEMBER 24, 2015, 7:14 AM
BY SHAWN BOBURG
STAFF WRITER |
Leading Port Authority officials today are expected to recommend building a new Manhattan bus terminal one block west of the current station, following months of deliberation over several options with price tags as high as $10 billion, according to three people familiar with the discussions.
The endorsement of a broad plan that includes a specific location for the new terminal and a way to keep commuter buses running during construction would be a significant step in the long-running effort to replace the current 1950s-era mass transit facility with a modern alternative. But more time is needed to determine the new building’s design, the precise cost and how to finance it, said the three sources, who spoke on condition of anonymity so as not to preempt a presentation planned for today’s meeting of commissioners.
In March, in response to increasing calls to address the condition of the world’s busiest bus terminal, commissioners were given five options for replacing it. They ranged widely in estimated cost and in their impact on the bus system, depending on where the new terminal would sit and whether the current one would stay open during construction.
A four-commissioner group that considered the five options is expected to recommend that the bi-state agency build a new terminal between Ninth and Tenth avenues, keeping the current terminal on Eighth Avenue open during construction.
Once the new structure is up and running, the old terminal would be demolished and the development rights for the property, located on 42nd Street between Eighth and Ninth avenues, would be sold to help pay for the project. The location of the new terminal would force commuters connecting to the New York City subway system to walk one block, the three people said, whereas direct connections are possible through the current building