Feds give $1.5 billion for Tappan Zee, but toll hike may be higher
Photo credit: New York Thruway Authority | A rendition of the proposed Tappan Zee Bridge is shown in this file image.
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The Cuomo administration has secured a $1.5 billion federal loan to cover a portion of the cost of a new Tappan Zee Bridge, meaning slightly steeper-than-expected tolls could be on the way if the state doesn't come up with more sources of funding, Newsday has learned.
The state was pushing the feds for a $2 billion loan that would have covered half the cost of the $3.9 billion project. The...
