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New York & Tri-State  + New York  + Industrial  | 

Skanska to Upgrade Subway Escalators

Skanska has been awarded a contract by the Metropolitan Transportation Authority (MTA) to replace 21 existing escalators across various subway stations in New York City. The approximately $146 million design-build project will also involve improving associated back-of-house rooms and escalator machine rooms with upgraded equipment, complying with code requirements and operational needs.  

The project includes escalator replacements at stations such as 51st Street, Park Place, High Street, Franklin Avenue, Lexington Ave/63rd Street, and 21st Street/Queensbridge. Construction is set to begin in January 2024, with a targeted completion date in February 2027.  

“We are honored to have the opportunity to enhance the subway travel experience for millions of commuters in New York City by replacing, designing and installing state-of-the-art escalators throughout the city,” said Michael Viggiano, executive vice president of Skanska’s East Coast civil operations. 

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Michael Viggiano

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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