Dive brief:
- The Metropolitan Transport Authority committed a search $15.8 billion in capital projects by 2025, the largest single-year investment in transit infrastructure in the agency’s history, according to a Jan. 28 news release from New York Gov. Kathy Hochul’s office.
- The investments included more than $5 billion made possible by congestion financing, the release said.
- The record figure aligns with the start of the MTA’s fully funded 2025-2029 Capital Plan, which includes $2.75 billion for the Interborough Express and $3.4 billion for repair-in-good-condition projects.
Diving knowledge:
The announcement comes as the MTA plans to move a number of megaprojects from planning to the active construction phase, according to the release.
Among the main projects that are moving forward include the second tunnel contract in Phase 2 of the Extension of the Segona Avinguda subway. Two additional contracts remain in procurement and design, according to the MTA.
In August 2025, the agency also awarded a $166 million contract for engineering and design of the Interborough Express to a joint venture of Omaha, Neb.-based HDR and Dallas-based Jacobs.
Other work includes signal modernization on the Fulton and Liberty AC lines in Brooklyn and Queens. The MTA expects the project to be 33 percent cheaper per mile than previous signal modernization projects, according to the release. The agency also plans to improve accessibility at seven stations, including the Bryant Park Complex on BDFM7 trains.
In total, here’s the breakdown of the $15.8 billion commitment:
- $6.6 billion for rolling stock work.
- $3.4 billion for sound repair projects and other support programs.
- $2.7 billion for expansion.
- $2 billion for signal improvements.
- $500 million for accessibility.
- $500 million for bus improvements.
The record year tops the previous level set in 2022, when the MTA awarded $11.4 billion in contracts, the release said. In addition to the commitment, the MTA completed $6.7 billion in projects in 2025, just behind 2023’s $7.1 billion as the strongest year for capital project completions.
“New York is investing in transit like never before, with record levels of investment to upgrade our existing system and to bring better transit to more communities,” Hochul said in the statement.
