Tag: Transportation

A full year after the official start of construction on a replacement for the Tappan Zee Bridge, Governor Cuomo still isn’t leveling with New Yorkers on how he will pay for the $4 billion project, Nicole Gelinas and I write in a New York Post op-ed today. Read More

New York spent 2.6 times the national per-mile average on state highways — but had some of the worst road conditions in the country in the most recent year for which comparable federal data have been analyzed in the Reason Foundation’s 20th Annual Report on the Performance of State Highway Systems. Read More

Moody’s Investor Service has just lowered the New York State Thruway Authority’s senior lien revenue bond rating by a notch, from A2 to A1, citing the authority’s failure to identify a plan for raising tolls sufficiently to finance the building of the new Tappan Zee Bridge. Standard & Poor’s last month did much the same thing, for essentially the same reason. Read More

Over at Streetsblog, they’re talking Tappan Zee — wondering why Gov. Cuomo won’t release any new information about the financial plan for the multi-billion-dollar bridge (no, nobody knows how many billions, but probably more than six and less than twenty) until after asking contractors for proposals. Read More