MTA's $26B Capital Plan Spotlights P3s In Mass Public Transit

Law360, New York (October 13, 2015, 8:36 PM EDT) -- New York state and city officials’ plan to fund the rest of the Metropolitan Transportation Authority’s $26.1 billion five-year capital program could serve as a beacon for using more public-private partnerships to fill funding gaps in mass public transit-related projects, experts say.

MTA Chairman Thomas Prendergast, left, joins Sen. Chuck Schumer and Mayor Bill DeBlasio at a dedication ceremony for the new 34 St-Hudson Yards station on September 13, 2015. (Credit: Marc A. Hermann / MTA) Saturday’s announcement by Gov. Andrew M. Cuomo, Mayor Bill de...
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