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New York-area infrastructure gets a boost from $8.3B Port Authority budget

January 3, 2023

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Several major infrastructure projects are included in the budget. The $2.9 billion approved for annual capital spending includes funding for the following projects:

  • Ongoing transformation of the Port Authority’s three major airports: JFK International Airport, LaGuardia Airport and Newark Liberty International Airport.
  • Replacement of the Midtown Bus Terminal with a multi-facility terminal complex that will increase bus capacity and help ease city congestion.
  • Implementation of a new fare collection system for PATH and AirTrain.
  • Expanded capacity on the PATH commuter railroad.
    Essential repair work for legacy bridges and tunnels.
    Ongoing work on the $2 billion George Washington Bridge project.

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