New York’s Metropolitan Transportation Authority is eyeing a new train project linking four new stops in the East Bronx to Penn Station.

Charles Moerdler, an MTA board member from Riverdale, told the NY Daily News the new line would be a boon for East Bronx institutions such as Albert Einstein College of Medicine, as well as East Bronx residents working in Westchester County and Rockland County, as well as Manhattan.

The project would require at least $200 million from New York and $100 million from Connecticut – money that the states have yet to commit.

MTA spokesman said the Federal Environmental Assessment should be completed by 2013, so the project could not start until 2016.