MTA Halts Second Avenue Subway Expansion Over Funding Shortfall
Governor Hochul's congestion pricing pause leaves $7.7 billion project in jeopardy, forcing focus on essential repairs.
- The MTA has issued stop-work orders for Phase 2 of the Second Avenue Subway due to funding uncertainties.
- Governor Hochul's decision to pause congestion pricing has left the MTA scrambling to cover a $15 billion budget gap.
- The halted project aimed to extend subway service to East Harlem, adding three new stations.
- Federal funding of $3.4 billion is contingent on the MTA securing additional funds, now at risk without congestion pricing revenue.
- The MTA will prioritize maintenance and repair projects over new expansions amid the financial shortfall.