New York State Thruway chairman Howard Milstein resigned in early December— but he left behind the bill. The Thruway hasn’t explained how it will pay for its signature project: the Tappan Zee Bridge replacement. Gov. Andrew Cuomo should resist the urge to pay for the New NY Bridge with the billions the state is getting from rogue financial firms. Read More
To make the 2015 proposed $2 billion budget balance without any toll increase, the Thruway is depending on more drivers than its own traffic consultant estimates, according to E.J. McMahon, an Albany budget watchdog who is president and founder of the Empire Center for Public Policy. That means the Thruway is counting on $31 million more in toll revenues in 2015 than forecasted in its traffic study, McMahon says. Read More
"It's obvious that there is going to have been some movement in tolls on the Thruway. The question is who pays, how much, how soon," said E.J. McMahon, president of the Empire Center for New York Policy, who analyzed the documents. Read More
The president of the Empire Center for Public Policy, E. J. McMahon said, "Sometime in the next few years the thruway will be raising tolls. In all likelihood that is pretty clear by looking at their finances." Read More
E.J. McMahon with the Empire Center for New York Policy told WCBS 880’s Paul Murnane that the Thruway Authority might have to hike tolls 44 percent systemwide in four years or look at a nearly $16 toll on the new Tappan Zee. Read More
According to Chris Ward, the former executive director of Port Authority of New York and New Jersey, transportation planners searching for ways to plug multi-billion dollar holes in their capital plans need to think about cell phones. Read More
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
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