Sunday, 9 June 2013

Temporary Closures of Two Subway Tubes Not Expected to Have a Material Impact on MTA Finances

The Metropolitan Transportation Authority (MTA) today announced that it expects no material financial impact to result from the temporary closure of the New York City Subway’s Montague Street Tube, which carries the  train under the East River, and Greenpoint Tube, which carries the  train under Newtown Creek. 
 
The tunnels will be closed so workers can renew electrical and infrastructure components damaged by seawater flooding caused by Superstorm Sandy. The Montague Street Tunnel is expected to be closed for 14 months from August 2013 to October 2014. The Greenpoint Tube is expected to be closed for 12 weekends starting July 6, and for five full weeks in 2014.

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