Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
David Paterson

Bloomberg: MTA Plan Must Include Funding for Capital Projects

The mayor's office just released a statement insisting that the MTA financing plan address the transit system's long-term needs:

As discussions for a permanent funding plan for the MTA continue, stop-gap measures that kick the big problems down the road must be rejected. For any plan to truly meet the needs of the metropolitan region’s people and our economy, it must include stable, reliable funding for capital projects.  Our transportation infrastructure is aging, and expansion projects are absolutely critical to keep New York City and the surrounding counties moving forward. We must invest in the system, even during economically difficult times, or buses, railcars, stations, signals and tracks will fall into disrepair and commuters will suffer -- just as happened in the 1970s.

There is no painless option, but the issues will be no simpler a few months from now than they are today, which is why Albany must find a permanent stream of funding for capital projects -- not next fall, but right now.

I called the mayor's press office, and they don't appear ready to get more specific than this. It's fairly clear, however, that Bloomberg does not approve of Governor Paterson's new direction.

He also raises a good point about timing. With contractors competing intensely during the recession, state DOTs across the country are getting deep discounts on stimulus-funded road projects. Shouldn't New York City's transit system get in on the construction bargains while we have the chance?

If you want to pass that message on to our leaders in Albany, follow the jump for some key email addresses.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

City Council to Bring Back Year-Round Outdoor Dining After Adams-Era Decimation

New Council Speaker Julie Menin wants to scrap Adams-era rules that shrunk the program to just 400 approved locations from a pandemic era high of 8,000.

February 4, 2026

Meet Steve Fulop, Corporate New York’s New Mouthpiece

Streetsblog sat down with former Jersey City Mayor Steve Fulop last week to discuss his new role at the Partnership for New York City.

February 4, 2026

Promising E-Bike Subsidy Pilot Is Denied Funding By State Agency

New York City's first e-bike subsidy program is stalled after not receiving state funding for implementation.

February 4, 2026

Wednesday’s Headlines: Nothingburger From The Albany Sausage Grinder Edition

OK, so the transportation hearing was a bust, but two groups questioned the governor's car insurance proposal, so that's a start. Plus other news.

February 4, 2026

Cyclists in Criminal Court Say Mamdani’s Bike Crackdown is a ‘Waste of Time’

The hearings reveal that the mayor's promise to end criminal summonsing against cyclists has not been kept.

February 3, 2026

‘Lowballing Victims’: Crash Survivors Furious At Hochul’s Car Insurance Proposal

Crash victims and a key state lawmaker are not yet sold on Hochul's car insurance scheme, and hope that the state listens.

February 3, 2026
See all posts