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Article: In Five-Year Plan, MTA Needs Congestion Pricing's Billions.
- Article from:
- The New York Observer (New York, NY)
- Article date:
- February 27, 2008
CopyrightCOPYRIGHT 2008 The New York Observer. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In an apparent effort to bolster political support for congestion pricing, the Metropolitan Transportation Authority released a $29.5-billion five-year capital plan for all sorts of transit improvements and updates today, counting on $4.5 billion to come from the mayor's controversial plan.
Included in the capital plan are hundreds of new train and subway cars, updated signaling systems, money for the Second Avenue Subway, and a rebirth of a grand entrance to the redone Fulton Street Transit Center downtown (the entrance was scrapped last month in the name of cost overruns).
The message from the state agency was clear: If the Legislature does not approve ...