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New York & Tri-State  + Finance  | 
Mayor Eric Adams and Gov. Kathy Hochul released a plan to address public safety concerns and homelessness in New York City subways

Cuomo, de Blasio Want MTA Reorganization, Congestion Pricing

A reorganization of the Metropolitan Transportation Authority (MTA), and the enactment of congestion pricing to help fund it, are among the highlights of a 10-point plan introduced Tuesday by Gov. Andrew Cuomo and Mayor Bill de Blasio. The plan also calls for a “design build” model on all major MTA construction, among other points.

Cuomo and de Blasio noted that the agency currently operates as six separate entities. The reorganization, scheduled for completion by June of this year, would centralize common functions among them.

“New York’s transit system is at the heart of its success, and establishing dedicated funding streams, like congestion pricing, and a ‘lockbox’ for capital construction, are critical measures to ensuring growth and stability moving forward,” said Carlo A. Scissura, president of the New York Building Congress.

The plan calls for the governor and mayor to work closely with the state Legislature to implement the proposals.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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