Maloney Applauds 2nd Ave. Subway Funds In Prez’s Budget
“This would be the biggest infusion of federal cash yet for the Second Avenue Subway,” said Rep. Maloney. “We’re literally weeks away from breaking ground on a project that not too long ago everyone thought was dead. The Second Avenue Subway is vital to relieving dangerous overcrowding on East Side subways. This is truly a great day for New York City straphangers.”
“The President’s budget proposal is just the first step in a long process,” Maloney noted. “I will work with my colleagues to ensure that the President’s recommendations are included in the final budget. ”
Maloney led efforts to resuscitate the Second Avenue Subway after the project had lain dormant for decades. The subway project, as planned, would run primarily through the 14th Congressional District, which Maloney represents.
April 18, 2006: FTA Approves Final Design Phase for the 2nd Avenue Subway
November 18, 2005: 2nd Ave. Subway Full Steam Ahead
The full-length Second Avenue Subway will be an 8 ½ mile two track line beginning at 125th street and ending in Hanover Square in lower Manhattan. Construction of the full-length Second Avenue Subway has been divided into four phases, each of which will produce a minimum operating segment that will carry a significant number of passengers. The first phase of the Second Avenue Subway project will include stops at 96th, 86th and 72nd Streets, and tunnels from 99th to 62nd Streets. At 63rd Street, the subway will link onto the existing Q tracks, providing a one-seat ride from the Upper East Side to Times Square, Wall Street and Brooklyn . When this phase is completed in 2012, 202,000 riders are expected to board the new line each day.
The Second Avenue Subway will not only provide relief for passengers on the Lexington Avenue line, which is considered the most overcrowded subways in the nation, it will eventually reach under-served areas of Manhattan. It will bring jobs to the economy and improve our ability to attract businesses to the City, as demonstrated in the Regional Plan Association report: The Economic Benefits of the Second Avenue Subway. To read the report, go to https://www.rpa.org/pdf/2ndAvenue.pdf .
Significant progress has been made in obtaining funding for the projects. In 2005, New York voters approved $450 million for the Second Avenue Subway in the Transportation Bond Act; additionally, Maloney led efforts in Congress to direct $25 million to the project in FY 2006. These funding infusions, combined with $1.05 billion in funds previously authorized by the state, have put the MTA in a strong position to negotiate a full funding grant agreement with the FTA for the first phase of the Second Avenue Subway. The full funding grant agreement will ensure that there is a federal match for state dollars spent on the subway, bringing in billions more for the project.