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Business Brokerage NJ Transit officials took another step Wednesday toward bringing rail service to the Meadowlands, a key component of the proposed Xanadu shopping and entertainment center.

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Forex Broker The NJ Transit Board of Directors gave the go-ahead for agency officials to broker deals with other state agencies to handle funding, design, construction and management of the rail spur, which will connect to the Pascack Valley line.

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Online Brokerage "Rail service to the Meadowlands will transform the region," state Sports and Exposition Authority President George Zoffinger said in a statement. "It will help alleviate traffic to and from the site as well as be a benefit to all commuters."

a presentation by Ralph Braskett of the Committee for Better Transit (NJ Coordinator) style integrated public transit system in our region.

Real Estate Broker The $150 million rail spur, funded entirely by the Port Authority of New York and New Jersey, will connect the Pascack Valley line in East Rutherford to a new station in the Meadowlands.

That was 30 days ago, Township Administrator Richard Brook said, and the township is still waiting. The officials said NJ Transit never previously disclosed the dirt contained toxic materials. Mayor Michael "Mickey" Muchowski said the township "saw them bringing in the soil and were quite happy with the berm itself." But he said there was some concern about safety and "because of our past experiences with NJ Transit we were reserving judgment" until officials saw the test results.

Agency Brokerage Spark The Pascack line runs from Montvale through Hackensack to Hoboken. This 1.5-mile spur is expected to be completed in 2007.

A lawsuit over the construction of the light rail line being built between Trenton and Camden has cost NJ Transit $2 million in legal fees and the case is just getting started. NJ Transit officials yesterday said they are preparing to extend their contract with Sills, Cummis, Radin, Tischman, Epstein and Gross, the Newark law firm handling the case for the agency. At stake is more than $100 million in alleged construction overruns in a project that will end up costing more than $1 billion, including interest and consulting fees.

Business Broker Under the plans approved on Wednesday, NJ Transit will create a project team that will include staff from the sports authority and the state transportation department.

Brokerage Account The sports authority will be responsible for hiring professional and construction services, and NJ Transit and the DOT will approve the design and obtain permits.

Stock Broker NJ Transit also will manage the funding of the project and own, operate and maintain the new link. Security and maintenance at the station will be provided by the sports authority.

Brokerage Online Stock Trading "With the advent of Xanadu, there will be a major new job center and leisure-travel destination in northern New Jersey that needs public transportation," Transportation Commissioner Jack Lettiere said in a statement.

Broker Justin Ticket Xanadu is a $1.3 billion entertainment, retail and office complex that is expected to generate 20,000 jobs and more than $1 billion in income annually.

Real Estate Brokerage The rail link is part of NJ Transit's plan to revamp public transportation in North Jersey. Other components include building a new train tunnel under the Hudson River and creating better rail connections between Bergen and Passaic.

Commodity Broker "The Meadowlands rail spur will fit with ... other regional transportation projects as we look beyond outdated plans and revisit decade-old assumptions about the economic, environmental and transportation needs of Bergen and adjacent counties," NJ Transit Executive Director George Warrington said in a statement.

Brokerage House By Daniel Sforza
Bergen Record - 11/11/2004

Topic: Meadowlands

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