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MTA’s ‘historic’ $51.5B plan to improve NYC transit gets the green light

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Plus, the Coney Island boardwalk needs saving—and more intel in our New York Minute news roundup

New York City Subway Photo by Gary Hershorn/Corbis via Getty Images

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MTA signs off on historic $51.5 billion capital plan

The MTA officially has a capital plan for the next five years. Yesterday, the agency’s board signed off on the FY2020-2024 capital plan, which will invest $51.5 billion—the most money ever—into fixing the various ways that New Yorkers get around. While the largest chunk of change will be devoted to improving the subway system (a grand total of $37.3 billion), it also calls for significant investments in buses, Metro-North, and bridge and tunnel upgrases.

The plan has “have delivered beyond my wildest expectations,” according to Andy Byford, the president of New York City Transit and architect of the Fast Forward plan, elements of which are incorporated into the new capital plan.

Here’s what else is in it:

  • $7.1 billion toward modernizing the subway’s ancient signal system
  • $6.1 billion allocated for 1,900 new subway cars
  • $5.2 billion to make 70 subway stations fully ADA-compliant
  • $4.55 billion toward the second phase of the Second Avenue Subway
  • $3.5 billion for 2,400 new buses

And there’s more where that came from; you can see the MTA’s full proposal here.

Save the Coney Island boardwalk

The famed Riegelmann Boardwalk in Coney Island was recently named a scenic landmark by the city’s Landmarks Preservation Commission, but many parts of the walkway are in poor condition, according to the Brooklyn Eagle.

A section of the boardwalk (one that’s not close to the main tourist draws, like Luna Park or the Cyclone) has been covered in plywood since Hurricane Sandy, and that temporary fix is beginning to show its age. According to the Eagle, “the Parks Department is considering whether it would be financially feasible to undertake a capital project to do these repairs.”

The Eagle’s Lore Croghan has a suggestion: Get John Catsimatidis, the Gristedes owner and real estate developer—whose Ocean Dreams project is steps away from the rotting section of boardwalk—to fix the whole thing up.

And in other news…