NEWARK, N.J. — NJ Transit could raise up to $1.9 billion for its operations over the next 30 years through development of more than 8,000 acres of unused agency-owned real estate, the transit operator says in a plan released on Wednesday. The proposal dubbed the “LAND Plan: Leveraging Assets for Non-Farebox Dollars” would also address […]
NJ Transit proposes developing unused land to raise $1.9 billion
