MIDTOWN, Manhattan — Port Authority officials reached an agreement Tuesday to rebuild the 66-year-old Midtown bus terminal.
Officials have pressed for a new terminal for years, citing concerns about the aging bus terminal’s ability to handle 110,000 commuters every work day, but negotiations stalled over the location of the new terminal.
Some New York officials pushed for the new terminal to be built in New Jersey – a plan that would have forced commuters from New Jersey to take a bus to a New Jersey location followed by a train into New York City.
Port Authority is also in the middle of a $90 million initiative to improve daily commute quality.
The new Manhattan terminal will cost an estimated $10 to $15 billion. Officials plan to reveal five proposed designs for the new terminal on Thursday. The designs will be open to the public for review and comment at www.pabtcompetition.com.