Four New York City leading scientific research facilities are receiving infrastructure grants to advance innovation and public health. On January 21, 2021, Mayor de Blasio announced that Columbia University, Montefiore-Einstein, the New York Stem Cell Foundation, and Rockefeller University are the four winners of $38 million in infrastructure grants for research and development departments. These grants come as a part of LifeSci NYC, a $500 million project with the goal of establishing New York … <Read More>
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City Receives Over $120 Million in Grants for Queensway and BQE Projects
On March 13, 2024, New York City Mayor Eric Adams announced the City’s acceptance of two federal grants worth a total of $123.6 million. The grants, “Reconnecting Communities and Neighborhoods Program” and “Neighborhood Access and Equity Program” were issued by the U.S. Department of Transportation and will be used on the Queensway project and for the Brooklyn Queens Expressway (BQE).
Around $117 million of the federal grants will go towards developing further the Queensway, a … <Read More>
City Announces Award of Over $70 Million in Grants for Electric School Buses, Electric Vehicle Charging at Hunts Point
On March 18, 2024, Mayor Eric Adams announced that New York City received $77 million in grants through the federal Bipartisan Infrastructure Law to expand the number of electric school buses and trucks citywide and the creation of the nation’s first freight electric vehicle charging hub.
Mayor, Governor, and Port Authority Agreement to Support Port Authority Bus Terminal Replacement
On March 12, 2024, Mayor Eric Adams, Governor Kathy Hochul, and the Port Authority of New York and New Jersey announced a deal to support the replacement and expansion of the Port Authority Bus Terminal in Midtown. The 73-year-old facility currently serves over 200,000 people on an average weekday, but struggles to meet current needs. The replacement is expected to meet 2040-2050 commuter growth.
City Receives Over $10 Million in Grants to Support Electrification of Governors Island Ferry, Operation of Staten Island Ferry
On December 1, 2023, Mayor Eric Adams announced that the city has received over $10 million from the U.S. Federal Transit Administration to support ferry services to Staten Island and Governor’s Island. The funding includes a $7.5 million grant to install shoreside rapid charging infrastructure for the new hybrid-electric Governors Island Ferry and $3 million to rehabilitate the City’s Department of Transportation offsite storage facility that supports the Staten Island Ferry.
Mayor and Comptroller Release Comprehensive Capital Projects Tracker
On November 1, 2023, Mayor Eric Adams and Comptroller Brad Lander released a new capital projects tracker that provides New Yorkers a new way to track capital spending. The tracker was mandated by Local Law 37 of 2020, which was sponsored by then-Council Member Lander.