Gov. Andrew Cuomo Proposes Additional $125 Billion for N.Y. Infrastructure
New York Gov. Andrew Cuomo announced May 8 that an additional $125 billion will go toward infrastructure investment over the next five years.
Part of this investment is meant to generate more middle-class jobs. This announcement, which builds upon Cuomo’s existing $100 billion infrastructure initiative, will include state and federal funds as well as private sector capital.
Cuomo photo by Office of Governor Andrew M. Cuomo
“From building bridges to revitalizing our subway and rail systems, we have invested more in our infrastructure than any other administration, and now we must take the next step forward with an additional $125 billion commitment,” Cuomo said. “These efforts will improve travel and transportation, strengthen regional economies and increase our state’s competitiveness, and make New York stronger and more resilient for future generations.”
Besides rebuilding the state’s roads, bridges and mass transit systems, the governor’s plan aims to improve affordable housing, state universities, clean water infrastructure and state parks.
The current $100 billion program supports the creation of 450,000 jobs and includes plans to address Metropolitan Transit Authority bridges and tunnels, John F. Kennedy International Airport, the Staten Island seawall and upstate revitalization projects.
Another ongoing infrastructure project is the Southern Tier Soaring plan to revitalize the communities that line the Pennsylvania border. As part of this initiative, the New York State Department of Transportation recently resumed construction on the aging E. Bosket Road bridge in Broome County, according to an announcement from acting NYSDOT Commissioner Paul Karas.
The bridge, which passes over county Route 28 and state Route 17, is the subject of a $3.2 million rehabilitation project.
“Gov. Cuomo has made it a priority to improve bridges and highways across the Southern Tier,” Karas said. “Modernizing the E. Bosket Road bridge will ensure that it serves the region for years to come, providing mobility and a safe, reliable connection for Southern Tier travelers.”
