Online Stock Market Trading Four levels below the street, in the bedrock-walled bathtub of the World Trade Center site, PATH trains from New Jersey will soon be running along tracks laid in virtually the same spot as those that ran under the Twin Towers.
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Stock Investing Course Starting next week, thousands of commuters are expected to pour out of the trains during rush hour and step onto the platforms of the new World Trade Center PATH station, a $323 million reconstruction effort that marks the first step in a rebuilding process that will take most of the next decade to complete.
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Stock Market Game Passengers will be greeted on the bottom two concourse levels by mural-sized photographs of Lower Manhattan, including pictures of the glinting steel and glass towers themselves, a reminder of the days before Sept. 11, 2001, when the Trade Center was a landmark visible for miles.
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Stock Investing Game As they ascend the escalators to the empty, open-air concourse of the new, temporary station, passengers will be able to look to the west through a wire fence and see the pit itself, the hole in the ground that marks the spot where the 110-story buildings came crashing down.
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Journal Prime Rate Street Wall "This represents the first public venue opened since 9/11," Gov. James E. McGreevey said yesterday during a tour of the new station, which will open Sunday. "It represents a tremendous psychological boost."
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Stock Market News The 250,000-square-foot station, completed over a 16-month period by construction crews working virtually around the clock, will bring PATH riders to Lower Manhattan for the first time since the terrorist attacks two years ago.
Stock Investing Basics With the opening of the Exchange Place station in Downtown Jersey City this past June, commuters from Hudson County and beyond will now be able to take PATH directly to Lower Manhattan. The station will still be known as the World Trade Center station.
Stock Investing Software Trains will run from Lower Manhattan to Journal Square in Jersey City and to Newark - serving Grove Street and Exchange Place along the way - and to Hoboken.
Stock Market Trading Port Authority officials expect initial daily ridership to be about 20,000 to 30,000, less than half the 67,000 who used the station before Sept. 11. The station can accommodate up to 50,000 riders.
Stock Investing For Dummy Yesterday, as workers welded steel, sanded the floors and raised new blue-and-white signs, McGreevey and officials from the Port Authority of New York and New Jersey, which runs the system, said that in addition to being a vital transportation link, the temporary station will serve as an emotional milestone for those in the region still trying to recover from the trauma of that day.
Stock Market Crash "This is part of a healing process," said Louis Menno, the Port Authority's program director for the Downtown PATH restoration project. "It means a lot because of all the losses we suffered."
Stock Investing Tip McGreevey, who along with his New York counterpart, Gov. George E. Pataki, will ride into the new station Sunday in the train that was the last to leave the World Trade Center on Sept. 11, credited the construction workers, many of whom lost friends and family in the attacks, for finishing the job ahead of schedule.
Stock Market Chart "The building process has become a catharsis," he said.
Online Stock Investing The escalators are in the same place as they were in the old station; the underground connections to the A, E and C New York subway trains, as well as the N, R and W lines, remain intact and the three platforms stand essentially where they did before Sept. 11, though they have been rebuilt.
Stock Market Crash Of The rows of stores are gone, as is the bar next to the turnstiles, which have also been rebuilt where they stood. The temporary station has no climate control and the concourse levels are basically exposed to the elements. A lone newsstand, next to the turnstiles, will be the only commercial space in the station.
Stock Investing For Beginner The permanent station, which officials expect to have completed by 2006, will consist mostly of additions to what is there now. The walls will be closed up, the platforms will be extended to accommodate 10-car trains, and retail space may be added, though Menno said no decision on that has been made.
Finance Journal Personal The street-level entrance to the station brings commuters out to Church Street, on the east side of the 16-acre Trade Center site. A curved roof supported by criss-crossing steel beams hangs over the staircases leading down from the sidewalk.
Stock Market Report Officials hope the new station, expected to cost about $1.7 billion, will eventually be connected not only to the West Side subways but also to the proposed Fulton Street Transit Center on the east side of Broadway, where riders would be able to catch the 2, 3, 4, 5 and J, M and Z trains.
Finance Investing Stock Market The Port Authority has also said it hopes to provide seamless links to the Hudson River ferry terminals around 2008 or 2009. Currently, people walking the three or so blocks from the river to the station must navigate a series of maze-like walkways built around and above the construction site at Ground Zero.
Wall Street Journal Com Menno, who was general manager of the World Trade Center complex before it was destroyed, said the Port Authority - which owned the complex - is working to widen the pedestrian walkways between the station and the World Financial Center, on the river.
Stock Market Investing Advice "This is the catalyst for rebuilding Downtown," said Menno. "Not having PATH has been a major inconvenience for a lot of commuters."
Street Trader Wall He estimated that some commuters have been spending up to $100 more a month than they did before Sept. 11 on ferries, NJ Transit trains and other modes of transportation to travel from New Jersey to Lower Manhattan.
Indian Stock Market The turnstiles at the station were built to accept PATH QuickCards as well as the MetroCards used on New York City buses and subways. By the middle of next year, officials expect to install a system that will allow people to use one card for both PATH and the subway.
Stock Investing Advice The $323 million cost of the temporary station, much of it paid with federal funds, is in addition to the $244 million spent to rebuild the tracks and replace equipment in the tunnels under the river, which were flooded when the towers fell, and much of the Exchange Place station, which also was damaged by water.
Free Journal Street Wall While both McGreevey and Menno conceded that some commuters may feel reluctant to go back to the place where - by the most recent count - 2,752 people died, both said it is important to get the PATH back and up running into Lower Manhattan.
Stock Market Information Menno said there had been debate in the agency about displaying photographs of the Twin Towers on the walls, or even naming the World Trade Center station, but that the Port Authority decided it was better to acknowledge what stood on the site before.
Penny Stock Investing "People need to remember," he said. "We need to give people a sense of where we are."
Stock Market Stock By Jason Fink
Jersey Journal - 11/20/2003
Topic: Transportation
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