The results of the Funding Feasibility Study for the Central RR of NJ Jersey City Terminal Train Shed Stabilization and Restoration have been presented to NJ Parks officials. It concluded: 1. Since no leadership level financial support (private or public) was forthcoming, a capital campaign is not recommended presently. 2. The state or federal government would need to take the lead on the project, provide critical public funding and recruit leadership from the private sector, for the stabilization and restoration of the train shed to occur. The study was required by Parks, performed by Ruotolo Associates, and funded by Liberty Historic Railway.
Archive for February, 2014
Filed in 2014