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Gottheimer, Pascrell Join Forces to Fight New York s Congestion Taxes Targeting New Jersey Commuters

Gottheimer, Pascrell Join Forces to Fight New York s Congestion Taxes Targeting New Jersey Commuters
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Tolls at the Downtown, Midtown Tunnels won t be increased in 2021

Drivers won t see an increase in tolls at the Downtown and Midtown Tunnels in 2021. Author: 13News Now Staff Updated: 5:43 PM EST December 30, 2020 NORFOLK, Va. The new year won t come with the usual toll increases at the Downtown and Midtown Tunnels. The Virginia Department of Transportation announced Wednesday that tolls won t be increased at those tunnels on January 1, 2021. Toll increases won t happen until at least January 2022. Additionally, officials also confirmed that the Toll Relief Program will stay in place for 10 years, lasting through 2037. The Toll Relief Program provides $500,000 every year to help offset the toll burden on Norfolk and Portsmouth residents who are most impacted.

Macquarie Infrastructure Partners II Completes Divestment of Elizabeth River Crossings - Press Release

Macquarie Infrastructure Partners II Completes Divestment of Elizabeth River Crossings NEW YORK (Business Wire) Macquarie Infrastructure Partners II (“MIP II”) announced today that it has completed the divestment of its 50% managed equity interest in Elizabeth River Crossings (“ERC”) to a special-purpose vehicle majority owned and controlled by Abertis. ERC’s facilities include the Downtown and Midtown Tunnels and the MLK Freeway extension in the Hampton Roads, Virginia region. Karl Kuchel, CEO of Macquarie Infrastructure Partners, said: “We are proud of our involvement in the Elizabeth River Tunnels Project over the last eight years. The Project has successfully delivered improved transportation infrastructure to the Hampton Roads region, including major construction upgrades and best-in-class roadway operations. As an infrastructure investor, we look beyond the length of our ownership period and believe the Project is well positioned to continue to provide high qual

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