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May 23, 2018Fast Forward, a plan to modernize New York City Transit presented by President Andy Byford today, is a serious and praiseworthy plan to improve the region's mass transit network.
August 13, 2018The Metropolitan Transportation Authority (MTA) released its 2019 Preliminary Budget and four-year financial plan last month. Here are three important takeaways.
Op Ed Transportation
March 22, 2018While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
June 27, 2006In order for New York to maintain a strong and vibrant economy, its transportation system has to be kept up to par and expanded to meet future needs. This report examines the two problems and suggests alternative financing policies for the MTA that would balance its operating budget and provide sufficient capital to accelerate the pace at which its facilities are brought to a state of good repair.
April 18, 2018The Long Island Rail Road is much more inefficient than Metro-North. Here's why.
July 18, 2018Decisions to redirect capital dollars to other priorities and stretch inspection and maintenance cycles contributed to the decline in subway reliability, and challenges lay ahead for plans to purchase 3,600 new subway cars and retrofit 1,200 existing cars.
February 02, 2018The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Letter Capital Spending
July 05, 2018With the Capital Commitment Plan now topping $82 billion, it is more important than ever to find ways to reduce costs and speed up project delivery.
December 18, 2018The Metropolitan Transportation Sustainability Advisory Workgroup Report released today provides a sober look at the fiscal and managerial challenges facing the MTA.
March 28, 2004This report examines the financing policies for passenger transportation services in the New York-New Jersey metropolitan area. Included are 25 entities consisting of the states of New York and New Jersey, the Port Authority, the MTA, New Jersey Transit, four additional authorities operating or financing toll roads, the City of New York, and 15 counties.
December 13, 2018This paper was prepared by HR&A Advisors as a background paper for the December 2018 CBC Conference on most important fiscal and economic issues facing New York State. The paper provides recommendations for how NYS should prioritize, fund, and deliver key infrastructure investments.
Op Ed Transportation
May 30, 2018The Port Authority of New York and New Jersey is a crucial agency, but it is badly governed and in need of reform.
Video Capital Spending
March 06, 2018Recently appointed the Executive Director of PANYNJ, Rick Cotton joins CBC to share the Port's priorities in the coming years.