New York Regional Construction Industry News: July 2018
New York Gov. Andrew Cuomo (D)in June detailed plans to invest $150 billion in the state’s infrastructure at the Building Trades Employers’ Association’s 115th annual leadership dinner in Manhattan on June 14. Cuomo spelled out where some of that money will go: $66 billion to upgrade transportation; $32 billion for parks and clean energy projects; and $19 billion to improve school districts. He said the plan would start in January 2019 and take five years.
Noting the Trump administration’s inability to propel action on a promised $1-trillion U.S. infrastructure investment program, Cuomo highlighted projects completed or under way in his current $100-billion investment program. Referring to the now downsized Trump plan, “we doubt our capacity for these long-term projects,” Cuomo said. “We don’t want to commit.” In New York, he added, “we are getting it done. We are building more construction than this state has ever done.”