All the NYC transit upgrades that won't happen under congestion pricing freeze
The announcement came during the transit authority's first board meeting since Hochul suspended the tolling program earlier this month. Details of the new plans — which board members described as “a financial disaster” and “dire” — mean officials are temporarily gutting the MTA's capital plan that was formed five years ago with the promise of bringing the aging subways, buses and commuter railroads into the 21st century.
“That presentation was dire,” said Midori Valdivia, an MTA board member who was appointed by Mayor Eric Adams, on Wednesday.The board meeting began with a line snaking around the MTA's headquarters, with 140 people signed up to speak – a majority of whom opposed Hochul’s pause on congestion pricing. The now-on-hold 2nd Avenue subway project to extend the Q line into East Harlem relies on both a $3.4 billion federal grant and roughly $5 billion that the MTA previously planned to get from congestion pricing. Officials said $2 billion of the federal money can’t be delivered without the MTA funding its own share, though MTA Chair Janno Lieber said the grant won’t disappear.
“When that financial solution that is being talked about arrives, God willing, we will be ready to put Humpty Dumpty back together again as quickly as possible,” Lieber said, emphasizing that MTA must be ready to initiate the deferred projects when the funding materializes. Hochul justified her decision by saying the $15 base fare on drivers entering Manhattan below 60th Street would have imposed an excessive economic burden on them and imperiled the city’s recovery from the pandemic. She has also said she needs time to figure out a new source of revenue for the MTA with the state Legislature.
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