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USD/BTC = $105,815 Block 900,399 TL:DR
Construction began on the first phase of the new $10 billion Port Authority Bus Terminal on Thursday, marking an important milestone for the long-awaited project. Gov. Kathy Hochul and Gov. Phil Murphy joined the Port Authority in a groundbreaking ceremony for the Dyer Avenue deck-overs, which will be used for staging buses during construction and will eventually become a public green space when the new terminal opens. The first phase deck-overs, along with new ramps and a bus storage facility, are expected to be completed by 2028, with the full terminal opening in 2032.
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The push to replace the dilapidated, 75-year-old terminal began in 2013, aiming to create a modern facility that accommodates growing ridership. Since then, almost 30 separate proposals have been developed.
On an average weekday in 2019, the terminal saw roughly 260,000 passengers on 7,800 buses, making up roughly 23 percent of trips in and out of Manhattan’s core. Officials project that figure could grow to 337,000 by 2040, as reported by Crain’s.
The redesign will feature a new 2.1 million square foot terminal, a separate storage and staging building, and new ramps leading directly in and out of the Lincoln Tunnel, nearly doubling bus capacity, bus speed, and congestion on neighboring streets.

My Thoughts 💭

Much needed project for NYC. The renderings look nice for almost 100k BTC NYC is vastly updating its busing infrastructure. Rather see large projects like then than football stadiums.
Wow...this is truly amazing! When is the construction scheduled to be completed? If it looks like the pictures, then spending 94k BTC on it isn't a lot! It's really beautiful.
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Not sure but I would guess 2030s
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So...only 5 years. This is admirable! Here, in my country to finish a building like this, it means at least 10 years! For example...in my city the construction work on the metro has begun (it will be the 2nd city with metro in Romania), and according to the current situation, it is estimated that it will be completed in 20 years (twenty years)... I am talking about about 30 km of metro line...
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Wow okay
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Tutor Perini Corporation has secured a $1.871 billion contract to construct the Staging and Storage Facility and Ramp Structure components of the Midtown Bus Terminal Redevelopment Program in New York City. The Board of Commissioners of the Port Authority of New York and New Jersey voted to approve the contract.
The Staging and Storage Facility will be a new seven-story facility at 9th and 10th Avenues between West 39th and West 40th Streets. It will have a maximum of 350 bus space indoors for staging and storage. It will also serve as a temporary terminal while the new main terminal is being built.
Congrats to TP!
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