New York MTA capital commitments reached a record level in 2025, with the agency committing $15.8 billion to capital projects across its transit network, as reported by Trains.

New York MTA capital commitments reach $15.8B in 2025
Photo: MTA/Trent Reeves

The Metropolitan Transportation Authority said more than $5 billion of that total was made possible through congestion tolling funds in an announcement this week with Gov. Kathy Hochul; the same figures are also reflected in the Governor’s press release.

Metropolitan Transportation Authority 2025 capital projects by category

How the money is being committed breaks down into a few clear categories. The MTA put $6.6 billion toward rolling stock and allocated $3.4 billion for state-of-good-repair work and other program support. Expansion projects total $2.7 billion, while signal improvements account for $2 billion.

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On top of that, $500 million is slated for accessibility projects and another $500 million for bus upgrades—an overall breakdown also summarized by Railway Supply.

Congestion tolling funds and MTA Construction & Development priorities

Discussing the record year, MTA CEO Janno Lieber pointed to MTA Construction & Development and said the intent is to channel congestion relief revenues back into the transit system. He referenced new train cars, modern signals, and additional ADA elevators as examples of where the congestion pricing revenue transit investments New York will be directed.

Hochul, for her part, called it a historic year of investment and said it will improve commutes for millions of New Yorkers while supporting the region’s transit system over the long term.

Key contracts: Long Island Rail Road railcars and expansion work

The 2025 program also lists several major contracts and project items. They include more than 300 new railcars for the Long Island Rail Road and signal modernization on the Fulton and Liberty AC lines in Brooklyn and Queens.

It also includes the tunneling contract for the Second Avenue Subway phase two extension, work that will deliver 10 newly accessible stations across the subway and commuter rail networks, and the first phase of the Park Avenue Viaduct replacement, which carries Metro-North trains into Grand Central Terminal.

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