The Metropolitan Transportation Authority released the broad strokes of its next five year Capital Program this week. At $51.5 billion, the 2020-2024 plan is the MTA’s most expensive to date, and about $20 billion more expensive than the previous one. In this week’s “Ask the Experts” feature, we looked at the initial proposal and what it means for New York’s beleaguered transit systems.
Bill de Blasio
New York City Mayor Bill de Blasio and the City Council reached an agreement on the fiscal year 2019 budget Monday evening, sealing the $89.2 billion in spending with the customary “budget handshake” in the City Hall rotunda.
Upgraded signals could provide significant service improvement, but to fully deliver speed and reliability would require changes to operating practices as well.
Gov. Andrew Cuomo asked New York City to pony up more money for the subways in a speech on Thursday – but the de Blasio administration shot down the budget numbers he used as evidence as “completely disingenuous.”
ABNY hosts a panel to debate the merits of congestion pricing.
City taxes should not be diverted to the MTA without local input.
Subway station renovations in New York City should include accessibility for the disabled.
New York City Transit President Andy Byford, New York City Transportation Commissioner Polly Trottenberg and Assemblyman Robert Rodriguez give take on the congestion pricing proposal and its chances of passage this year.
It appears as if the congestion pricing process will be far different than it was in 2008, as it is being driven by the governor rather than the New York City mayor - and the state has the right to decide what happens on the city’s streets.
Value capture, in which the public sector recovers some of the value created by government actions like the construction of a transit line or a rezoning, has recently joined congestion pricing among the most discussed potential funding streams for New York City’s troubled subway system. And it can work.
New York City
Amazon and other tech companies want a subway system that runs on time.