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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.
Testimony Capital Spending
March 20, 2018NYC's Capital Commitment Plan is unrealistic in its ambition, obscures capital priorities, and discourages accountability for completing capital projects efficiently.
Blog Capital Spending
March 14, 2018Despite a pledge to collaborate with the City Council on a realistic Capital Commitment Plan, the City's overly ambitious proposal is neither realistic nor transparent.
December 18, 2018City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
June 19, 2018Marisa Lago, Director of the Department of City Planning and Chair of the City Planning Comission, joined the CBC to discuss the U.S. Census, neighborhood revitalization, housing afforability, and resiliency and sustainability.
Podcast episode City Budget
June 29, 201875% is the share of jobs gained since the recession in the NYC metropolitan region that were created in New York City, a datapoint revealed in a forthcoming report from the Department of City Planning. Marisa Lago, Director of the Department and Chair of the City Planning Commission, joined CBC to discuss some of the report's findings as well as neighborhood revitalization, housing affordability, and resiliency and sustainability.
April 18, 2018The Long Island Rail Road is much more inefficient than Metro-North. Here's why.
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.
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.
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.
Press Release City Budget
January 26, 2018In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
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.
Podcast episode Transportation
March 08, 2018$32.2 billion is the size of the 2017-2026 Capital Plan of the Port Authority of NY and NJ. This podcast features Port Authority Executive Director Rick Cotton, followed by a discussion on public-private partnerships, airport renovations, the fate of Gateway, and the 42nd Street bus terminal.
December 18, 2018The Metropolitan Transportation Sustainability Advisory Workgroup Report released today provides a sober look at the fiscal and managerial challenges facing the MTA.
November 15, 2018NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Statement City Budget
February 01, 2018Before the going gets tough, the Mayor should get going by limiting spending growth, bolstering the savings plan, and adding to reserves
Podcast episode Transportation
February 15, 2018$418 million is the amount Governor Andrew Cuomo wants New York City to commit to the Subway Action Plan, the emergency plan to address repairs to the distressed subway system. Politico NY senior reporter Dana Rubinstein discusses this and other pressing transit issues.
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.