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The MTA charges the big plans for the future of New York’s infrastructure, even when the questions turn around where the money will come from in the long term.
During the last weeks several major projects have been announced. For example, last month, the New York Traffic Agency granted a $ 186.6 million contract to a joint company between Aecom based in Dallas and Kansas City, based in Missouri. The JV team will oversee the Second Avenue Subway extension to East Harlem, said Evan Eisland, Executive Vice President and General Counsel of Construction and Development of MTA, during a MTA Council meeting on March 24.
The extension, known as Phase 2It will promote the line Q to the north from its current terminal to 96 street to 125 street, adding three new stations and expanding access for residents to East Harlem.
Any other place in the city, Momentum is based on the Interborough Express project.
The MTA kept his First Open House In Queens, on March 27, sharing updates of the light railway project that Bay Ridge would connect to Brooklyn to Jackson Heights in Queens along a 14 mile route. The line would use Long Island Rail Road and CSX property tracks, providing connections to 17 subway lines and LIRR.
The Agency expects to go to the design phase soon, Aryeh Lemberger, a senior vice president of the Montreal WSP contractor, during the New York Build Conference in March. The MTA selected WSP in August 2023 to carry out the environmental review of the project.
But while the MTA progresses in various projects, Concerns are kept around funding.
Although the state funding has temporarily maintained the planned budget deficit of the MTA, the last of its storm Federal aid could end this year. Further complication of matters, New York’s state budget is still a flow.
New York legislators lost the term of April 1, and then approved on April 3 to a four -day budget extension at the end of the final spending plan. Ruler Kathy Hochul proposed a Budget of about $ 252 million for 2026 On January 21, an increase of 3.6%.
Talks around the budget also include the debate about whether to expand Prevalent salary requirements. Change would mostly affect market developments, such as commercial and retail buildings, which take cash from the Government.
At the same time, the New York Congestion Price Program, which is expected to provide about $ 500 million during its first three years. The transport secretary, Sean Duffy, announced on March 20 that would give New York 30 days to Finish the congestion pricing program.
Beyond the IBX and the Second Avenue Extension, other large -scale public works are also at stake in the area, including the $ 16 billion gateway program, the redevelopment of $ 7 billion. Renovations of the Millionary Airport.
