After Months Of Secrecy, MTA Previews Four-Year Capital Plan

Marla Diamond
September 16, 2019 - 12:42 pm
MTA subway

Spencer Platt / Staff

NEW YORK (WCBS 880) — After months of secrecy, the MTA on Monday previewed its four-year, multibillion dollar capital plan.

MTA Chairman Pat Foye said the “historical” and “transformational” capital plan will vastly improve the entire subway system and bus network.

He notes the agency expects to spend around $51 billion, with “$41 billion alone for New York City Transit and the highest investments ever for Long Island Rail Road and Metro North.”

MTA capital plan
Marla Diamond/WCBS 880

The plan includes upgraded signaling to make the trains faster, less crowed and more reliable.

“Customers will have more reliable, efficient service," Foye said of the plan, adding it will also have "a huge investment for our customers with disabilities – a $5 billion investment across all the agencies.”

There are also plans to make 70 stations throughout the city handicap accessible, construct two new Metro-North stations in the Bronx and finish phase two of the Second Avenue Subway, according to the MTA’s Janno Lieber.

She expects the improvements to especially “make a difference to East Harlem and Central Harlem, makes good on a commitment that's been out there for 75 years.”

MTA capital plan
Marla Diamond/WCBS 880

The plans biggest source of revenue, $15 billion, will come from the pockets of drivers when congestion pricing comes to Midtown in 2021.

Transit President Andy Byford says he’s excited about the capital plan, which he believes will finally give New Yorkers the transit system they deserve.

“I’m not even trying to keep the smile off my face, I’m very happy this morning,” Byford told reporters. “This is a great plan for New York.”

MTA’s board of directors will vote to approve or reject the capital plan on the state-mandated deadline of Oct. 1.