Port Authority Eyes New Plan for Midtown NYC Bus Terminal
- Expanded bus terminal will be built on existing site
- Transit agency plans air rights sale to help finance project
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The Port Authority of New York & New Jersey released a new plan to replace its neglected, overcrowded midtown bus terminal, more than seven years after the transit agency first sought proposals to overhaul it.
Replacing the decaying depot, which opened in 1950 and was expanded in 1981, will take a decade at least and billions of dollars, Port Authority officials said. The new five-story terminal will be able to handle almost 40% more passengers. It will provide storage space for as many as 350 buses, curbing traffic congestion and pollution and gates to accommodate inter-city coaches that previously picked up and dropped off passengers on city streets.