[C.]

The latest in this saga is the Port Authority exploring the possibility of moving the PABT to New Jersey. This would cost a fraction of the $10 billion cost to rebuild in Manhattan and would reduce bus congestion in the Lincoln and Holland tunnels. The old PABT lands could then be redeveloped. More than two entire city blocks, next to Times Square, would be very lucrative, especially if the Port Authority pulls its trump card to override local zoning restrictions.

So the question is where would be an appropriate place to move the PABT? It would have to be on a transit line. And viola! Bloomberg's 7 line extension to NJ starts to make a lot more sense now. The plans did call for a new bus terminal to be built in Seacaucus.