A few days ago, Mayor Bloomberg made a startling announcement: The 7 train extension to New Jersey is still on. The idea was first floated last year as a replacement for the canceled trans-Hudson commuter rail ARC project, but it was a hard sell then, and at $10 billion, it’s still a hard sell. The federal ARC funds have long since been redistributed, and New York City has no idea how it’ll even finish the Second Avenue Subway – where does Bloomberg think money for a subway line to New Jersey is going to come from?
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