NYC to contribute $2.5 billion to MTA’s capital program

This year, they didn’t cross paths.

Gov. Andrew Cuomo and Mayor Bill de Blasio agreed over the weekend on how to fund the Metropolitan Transportation Authority’s five-year capital plan.

At the State’s direction, the MTA recently reduced the Capital Program Review Board component of the Capital Program from $29 billion to $26.8 billion by utilizing alternative delivery methods such as design-build and public-private partnerships, as well as streamlined and negotiated procurement processes. The battle over transit funding-Mr. “I look forward to continuing to partner with the Governor and the MTA to ensure a transit system that reliably, effectively, and safely serves all of its riders”.

De Blasio noted the caveats. The state will commit $eight.three billion & the city will provide $2.5 billion to close the funding gap on the agency’s $26.1 billion enchancment plan. We are grateful to the State and City for making possible the largest MTA Capital Program in its history.

“Other cities are growing, and we’ll be limited”, said Riccio, who now lectures at Columbia and New York University. “We’ve had a great legislative session working with organized labor”. “At various times, it seemed like the deal was on and at various times it seemed like the deal was totally off”, the source said.

“Our MTA system has needed upgrading for sometime”.

The city’s growth and success has always been linked to transportation infrastructure, from its position beside New York harbor to the Erie Canal to the subway system, according to Lucius Riccio, a former city transportation commissioner and past MTA board member who’s now a senior lecturer at Columbia University and New York University.

“The states that are not doing this preparation, that are not developing, they are going to be left behind”, Cuomo said.

Mr. Cuomo took a moment to tout the state’s commitment to rebuild LaGuardia global Airport and the Tappan Zee Bridge, promising he’s been “working very hard” to rebuild the state’s infrastructure. This MTA Capital Plan is what we need to make the system smarter and more resilient, facilitating major upgrades, expansions and building crucial pieces of equipment so that riders are not forced to accept the failures of outdated infrastructure. “It will be a more pleasant experience for the rider, and also it will be better for the economy”.

“The system is not as clean, it’s not as reliable, let’s be honest”, Cuomo said. “We want tourism to keep coming here, we want business people to come here, it has to be a nice convenient place to visit”. “I think this plan gives the city the opportunity to have a lot more say in the decisions of the MTA”.