JERSEY CITY, N.J. (AP) _ A cable snapped on a construction crane Thursday, leaving it teetering 40 stories above the street and forcing authorities to close streets and halt nearby rail service.

Four blocks surrounding a luxury high-rise under construction were shut after the cable snapped shortly before 10 a.m., Deputy Public Safety Director Edgar Martinez said.

The mishap was the second major crane accident in the city in little over a year.

By noon, authorities concluded the 330-foot crane did not endanger any people or buildings, and there were no evacuations, Mayor Glenn Cunningham said.

But the Hudson-Bergen light rail service, which runs along the waterfront across the Hudson River from Manhattan, was suspended until at least Thursday evening as crews worked to stabilize and then dismantle the huge red crane.

``The only area of concern was the light rail,'' Cunningham said.

Officials said they did not expect the same level of disruption caused by a crane accident in January 2002. In that case, about 850 people were displaced until work crews could rotate a damaged crane so that it did not threaten a nearby townhouse development. Some streets remained closed for four days.