NEW YORK — The Metropolitan Transportation Authority committed a record $15.8 billion to capital projects in 2025, including more than $5 billion made possible through congestion tolling funds, the agency and Gov. Kathy Hochul announced this week.
The commitments include $6.6 billion for rolling stock; $3.4 billion for state-of-good-repair and other program support; $2.7 billion for expansion projects; $2 billion for signal improvements, and $500 million each for accessibility projects and bus upgrades.
“This record year of commitments cements C&D’s status as a top-tier infrastructure developer,” MTA CEO Janno Lieber said in a press release, referring to MTA Construction & Development. “New Yorkers want to know where congestion relief revenues are going — the answer is right back into the transit system with new train cars, modern signals, and more ADA elevators.”
Hochul said the “historic year” of investments “will improve the commutes of millions of New Yorkers and will ensure that this lifeblood of the entire region is able to deliver for riders for years to come.”
Major programs included in the spending are contracts for more than 300 new railcars for the Long Island Rail Road, signal modernization on the Fulton and Liberty AC lines in Brooklyn and Queens; the tunneling contract for phase two of the Second Avenue Subway extension; 10 newly accessibly stations on the subway and commuter rail networks; and the first phase of the replacement of the Park Avenue Viaduct, Metro-North’s route into Grand Central Terminal.
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