New York has approved a $68.4 billion plan to modernize its subway network, aiming to improve reliability, accessibility, and safety across the city’s aging transit system. This is reported by the railway transport news portal Railway Supply.

New York has approved a $68.4 billion plan to modernize its subway network, aiming to improve reliability, accessibility, and safety across the city’s aging transit system
Photo: GETTY IMAGES

The capital program, set for 2025–2029, will overhaul subways, buses, tunnels, and bridges. It includes 1,500 new cars, upgraded signals, modern fare gates, and accessibility enhancements at 60 key stations.

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Officials allocated $2.75 billion to build the Interborough Express, a new rail connection between Brooklyn and Queens. The project reflects a five-year implementation timeline, pending final oversight board approval.

Subway Investments Target Accessibility and Technology

Modernization will prioritize commuter needs. Turnstile upgrades aim to curb fare evasion, while improved signals promise better service. These updates directly support the city’s commitment to equitable and efficient public transportation.

The plan also expands station accessibility, helping New York meet ADA requirements. MTA leaders said the improvements would enhance safety and comfort, especially for riders with limited mobility.

Subway Funding Mix Includes City, State, and Federal Contributions

The funding includes $1.4 billion annually from an increased payroll mobility tax, a $3 billion city investment, and a projected 20% from federal sources. Still, a $3 billion gap remains in the budget.

To close this shortfall, officials may cut costs from previous projects or sell unused real estate assets. MTA Chair Janno Lieber stressed the importance of delivering results more efficiently and at lower costs.

Although political negotiations delayed initial approval in December, the updated plan passed after revisions. However, federal support could face delays due to legal disputes over congestion pricing and safety standards.

The subway system, vital to New York’s economy and mobility, needs urgent attention. This investment signals a long-term commitment to improve service, reduce delays, and support the city’s growth.

Source: www.newsweek.com

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