Governor Kathy Hochul and Governor Phil Murphy signed the Phase One Memorandum of Understanding required by the Gateway Development Commission Act along with Port Authority of New York and New Jersey Executive Director Rick Cotton. The MOU outlines sources, uses, and timing of funding on behalf of New Jersey and New York for Phase One Gateway Projects: Portal North Bridge and the Hudson Tunnel Project. Signing this MOU advances the Gateway Program to its next phase, which will detail the parties’ responsibilities with respect to delivery of the Hudson Tunnel Project and move forward in the federal project review.
