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Transit Agency Faces $15B Funding Gap
After NYC Congestion Pricing Reversal
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Recent reports from the Transit Costs Project, led by Director of Transportation and Land Use, Eric Goldwyn, continue to inform the New York City press:
The team is also widely cited on how the Biden administration’s funding for transportation projects is providing less value than expected, given continually rising project costs. Gothamist and the New York Daily News discussed the next leg of the Second Avenue subway, and the San Jose Mercury News discussed the BART extension through San Jose.
And Goldwyn summarized their studies on WNYC’s The Brian Lehrer Show:
I think the bigger issue is that we haven’t been building in New York, certainly, in a really long time. We lost the expertise and capacity at our internal agency.
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