Press Mention

New York's Cuomo proposes $150B, 5-year infrastructure plan

Construction Dive

January 22, 2019

Cuomo previewed the $150 billion infrastructure portion of his plan in June 2018, stating that the initiative would lead to the creation of 675,000 jobs.

At the time, he also provided more details on how the money would be allocated. Transportation systems including highways, bridges, tunnels and the New York City subway would receive $66 billion for improvements and upgrades while environmental and green energy projects would get $32 billion. Schools ($19 billion), affordable housing ($9 billion) and other state assets like universities and health care facilities ($13 billion) are also in line to benefit from substantial construction spending, if approved.

The fiscal year 2019 budget also allowed New York City officials to use design-build on the $1.9 billion Brooklyn-Queens Expressway rehabilitation, The Brooklyn Paper reported, after representatives from the city's DOT and other agencies claimed the method could save the project as much as $300 million. In 2016, the nonprofit group Citizens Budget Commission estimated that the city could save as much as $2 billion in 10 years by using design-build for bridge work alone.

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