Members of the board of the MTA are en route to Albany this morning to meet with lawmakers. MTA Chairman Dale Hemmerdinger is stepping up his efforts to get new revenue streams approved by the legislature.
HEMMERDINGER: They have to pass the Ravitch plan or something equal by the end of ...
New Jersey will get over a billion dollars of federal stimulus money to improve its highways and railways. That's according to Senator Frank Lautenberg, who wants to give priority to repairing decrepit infrastructure.
LAUTENBERG: We have so many deficient bridges and facilities that that's gotta be the first order of business.
The flagging fortunes of of a hedge fund capital.
As time runs out to avoid drastic service cuts to subways and buses, a leading lawmaker is telling WNYC he's confident the state will rescue the MTA in time. WNYC's Ilya Marritz has more.
REPORTER: Last year, Westchester Assemblyman Richard Brodsky was one of the most vocal opponents of congestion pricing, ...
Fashion week in the recession.
New Jersey entertainment destinations are in trouble.
How the states learned to love lotteries.
The speed limit on city streets is 30 miles an hour. But you wouldn’t know it watching the cars zoom down Webster Avenue in the Bronx or East Houston Street in Manhattan. A study out today finds 39 percent of drivers regularly speed on certain problem streets, and pedestrians and ...
A new study of traffic has found there's rampant speeding at some of the most dangerous intersections in the city.
Transportation Alternatives measured the speed of passing cars at thirteen stretches of road, like Hylan Boulevard in Staten Island.
They found some vehicles moving as fast as 60mph in 30mph zones. The ...
Christine Quinn’s plan to help small businesses by reducing paperwork.
Galapagos art space’s new payment plan for art lovers.
Last week we reported that environmentalists and consumer advocates are at odds over a clean-energy provision in the House stimulus bill. Basically, it would make billions of dollars of grants available only to those states which "decouple" their utilities.
Decoupling guarantees utilities a certain level of revenue, regardless of how much product they sell. Environmentalists like decoupling because it removes the incentive to sell more gas or electric (and pollute more). Or, as the Wall Street Journal puts it in today's paper, "Less Demand, Same Great Revenue" - which is exactly what consumer advocates don't like. Why should ratepayers pay (a little bit) more for fewer kilowatts?
To build support for his plan to fund the MTA, commission chair Richard Ravitch has been riding the rails with Albany lawmakers. WNYC's Ilya Marritz reports.
REPORTER: Governor Paterson has given the legislature until the end of the month to decide whether to approve the Ravitch Commission's recommendations. The Governor has ...
2009 looks bad. 2010 looks worse.
If you want to take advantage of low interest rates and refinance your home, you may have a hard time getting a mortgage broker to give you a deal.
REPORTER: Brokers say banks that they used to work with are now turning away their business. John Bach is a broker in ...
The bright spots in the New York economy.
The stimulus package contains billions of dollars in grants for solar and wind power projects. But a provision in the bill to increase energy efficiency has sparked a fight between environmentalists and utilities on one side, and consumer advocates and regulators on the other. WNYC's Ilya Marritz reports.
REPORTER: In most ...
Why the number of mortgage brokers is shrinking dramatically.