New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Tri-State  + Hospitality  | 
Expanding Trans-Hudson capacity with the Gateway Program is crucil to the New York City region's economy, says the Regional Plan Association

RPA Says NYC Region’s Transit Ridership Will Exceed Current Capacity 

The Gateway Program and its expanded Trans-Hudson capacity is a necessary component of the region’s economic growth and environmental sustainability, and any further delays in implementation will have a detrimental impact on the region’s recovery. So says the Regional Plan Association (RPA) in a report issued Wednesday. 

RPA’s report predicts that by 2050, peak-hour transit ridership will be 15% to 32% higher than it was pre-pandemic. Even with a slow return to office and modest job growth, the report says transit ridership will continue to increase beyond what current capacity can accommodate. And the number of commuters will increase over the decade or more it will take to complete the new Gateway Tunnel, says RPA. 

“It has become clear that the region’s recovery and future prosperity hinges on bold investments in infrastructure and transit like the Gateway Program and Penn Station,” said Tom Wright, RPA president & CEO.


Inside The Story

Regional Plan Association

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).

  • ◦Development
  • ◦Economy