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Work on the facility, built in 1921, will include improving accessibility in accordance with the Americans with Disabilities Act to ensure "that everyone has equal access to public transportation," said NJ Transit President and CEO Kevin Corbett.
Triangle Equities has recapitalized its Queens air-cargo warehouse project with a $75 million debt package and a new equity partnership.
Multiple private and public entities provided funding for Phase 1 of the transit-oriented property.
The Crossings at Brick Church Station in East Orange has finalized Phase 1 funding to the tune of $317 million.