Sen. Schumer says the feds are going to approve $300 million for East Side Access, the project to bring the Long Island Rail Road into Grand Central. The money is likely to be included in the Fiscal Year 2007 appropriations bill. The feds are committed to funding 9% of the $6.3 billion project, with local agencies supplying 36%. It is still unclear where the remaining $3.4 billion, or 55%, will come from. Assuming the cash is all there, the project is scheduled to be completed in 2013.
-- Chuck Bennett
