As recently as June, New York Governor Kathy Hochul indicated that New York City’s controversial Congestion Pricing program would likely be delayed for at least a year. This came after the Metropolitan Transportation Authority (MTA) was hit with over 400 questions from the Federal Highway Administration (FHWA) in response to the Environmental Assessment of the […]
Financial Framework for Penn Station
New York Governor Kathy Hochul and New York City Mayor Eric Adams announced an agreement on a financial framework between New York State and New York City that will help fund the reconstruction and potential expansion of Penn Station and the expected revitalization of the surrounding area. The framework ensures that the City maintains a […]
New York City Speed Cameras to Operate 24/7
On June 24, New York Governor Kathy Hochul signed legislation that will allow speed cameras in New York City to operate 24 hours a day, 7 days a week. Previously the cameras only operated on weekdays from 6:00 am to 10:00 pm. New York City Mayor Eric Adams announced the change will go into effect […]
New York and New Jersey Agree to Gateway Program Funding
Governor Kathy Hochul of New York and Governor Phil Murphy of New Jersey signed the Phase One Memorandum of Understanding (MOU) required by the Gateway Development Commission Act along with Port Authority of New York and New Jersey Executive Director Rick Cotton. The MOU outlines sources, uses, and timing of funding on behalf of New […]
New York City Agrees to 2023 Fiscal Budget
New York City Mayor Eric Adams, New York City Council Speaker Adrienne Adamsy announced an agreement for an early and balanced city budget for Fiscal Year 2023 (FY23). The agreement on the approximately $101 billion budget includes a number of new and expanded investments, including investments in low-income and immigrant childcare vouchers, as well as in […]