N.Y. MTA proposes $32 billion in capital investments

Published: September 24, 2014

The Metropolitan Transportation Authority yesterday (Sept. 23) published a proposed $32 billion, four-year capital program designed to invest in safety and reliability measures for its subways, commuter railroads, buses, bridges and tunnels.

Proposed for 2015 through 2019, the program would “renew, enhance and expand” the MTA network, which moves 8.7 million riders each day, authority officials said in a press release.

Read the complete story at Progressive Railroading.