NY MTA Eyes $68.4B Capital Plan for 2025-29 (UPDATED 9/26)
The New York Metropolitan Transportation Authority (MTA) on Sept. 18 released its proposed 2025-2029 Capital Plan that would invest $68.4 billion in rebuilding, improving, and expanding its system of subways, buses, commuter railroads, bridges, and tunnels. It would put the agency “on a path to state of good repair,” with investments in railcars, power, and signals; improve the customer experience, with investments in accessibility, stations, and modern fare gates; and take action on climate change, including resilience and sustainability initiatives, MTA said. While covering the cost of the plan is still in question, the MTA Board approved it on Sept. 25.