The city of Stamford reportedly has hired a Hartford consultant to assess anew the viability of a Manhattan commuter ferry, against the possibility of a federal agency clawing back funds it awarded for the same purpose years ago.
Between 2003 and 2006, the Federal Highway Administration granted $3.5 million to Connecticut to study the feasibility of a high speed ferry service on the Long Island Sound, according to the Stamford Advocate; the city now has two weeks to pay $300,000 back spent on an earlier study of ferry service from Stamford, unless it produces a new timetable for establishing service.
The city is contemplating dock space for two ferries that could each carry 150 passengers, according to the Advocate, which cited estimates that any ferry service would require an annual subsidy in the range of $3.7 million.
