New Yorkers’ Commutes Not Getting Any Shorter Any Time Soon
It won’t come as a surprise to New York City residents that the length of their commutes already surpass the national average by wide margins. According to the Center for an Urban Future’s latest report, Fast City, Slow Commute, the average commute in New York City exceeds 40 minutes. The national average, meanwhile, is a relatively speedy 26 minutes. Source: Center for an Urban […]
MTA vs. New Jersey: Who Runs Out of Money First?
We’ve known for some time that New Jersey’s Transportation Trust Fund is running on empty and will become completely insolvent on July 1 — just 100 days from now. But it turns out the Garden State is not alone in its fiscal hard times. Gothamist reports: MTA Chairman Tom Prendergast told reporters on Wednesday that unless the State budget is finalized […]
NYC Independent Budget Office: Governor Cuomo’s MTA Funding Plan Is Shrouded in Ambiguity
New York City’s widely-respected Independent Budget Office (IBO) has weighed in on the funding plan for the MTA capital program offered in Governor Cuomo’s Executive Budget, and the verdict is not good. Despite a record commitment of funds, the key points of concern include the fact that the governor doesn’t specify the source of funds doesn’t specify […]
Wednesday Winners (& Losers)
A weekly roundup of good deeds, missteps, heroic feats and epic failures in the tri-state region and beyond. WINNERS New Yorkers — New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio (finally) reached an agreement on how to fund the MTA’s five-year capital program. Hoboken, NJ — The city launched the first phase of its long-awaited […]
Looking Beyond the First Giant Step of the MTA Capital Plan Deal
This past weekend brought a collective sigh of relief to the New York metropolitan region. The “deal” brokered between Governor Andrew Cuomo and Mayor Bill de Blasio will provide the transit system with a $26.1 billion investment in the 2015-2019 capital program. While substantially less than the $29 billion initially identified by the MTA as the floor funding need, once signed this agreement will […]