DOT Allocates $1.4B To Transit Agencies For Sandy Repairs

Law360, New York (March 29, 2013, 3:42 PM EDT) -- The U.S. Department of Transportation said Friday that it has distributed $1.4 billion to the four transit agencies in New York and New Jersey that were hit the hardest by Superstorm Sandy in the third round of funding from a $10.9 billion transit repair package. 

Most of the $1.4 billion went to the New York Metropolitan Transportation Authority, the Port Authority Trans-Hudson Corp., better known as PATH, New Jersey Transit and the New York City Department of Transportation and is part of the initial $2 billion...
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