By Winnie Hu, The New York Times; November 30, 2017
Fixing New York City’s subway crisis will require taking the drastic step of creating a state-controlled corporation dedicated solely to rebuilding and modernizing the city’s teetering subway system, according to a new report from an influential urban research and advocacy group.
The Regional Plan Association, whose board includes business and civic leaders, called on Thursday for a “subway reconstruction public benefit corporation” that would have “a focused mandate, streamlined authority, and sufficient funding to rebuild the entire subway system within 15 years.” It was one of the key proposals in a sweeping new report that addresses the many problems confronting a growing New York region, including decaying transportation and infrastructure, a shortage of affordable housing and the threat posed by climate change.
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