This year will be make or break for city transit, climate projects
January 01, 2025 Source: Crain’s NY Date Published: 01.01.2025 Link: This year will be make or break for city transit, climate projects New York City is poised for a transformative 2025, with major megaprojects and policy rollouts on the horizon including the launch of congestion pricing, enforcement of the landmark Local Law 97 climate legislation, long-delayed overhauls of Penn Station and the Brooklyn-Queens Expressway, and a high-stakes race for the city’s first casino licenses. However, the incoming Trump administration is casting uncertainty over many of these initiatives, particularly those dependent on federal support or tied to clean energy goals. From delays in offshore wind development to questions around infrastructure funding, the political shift in Washington could reshape the city’s ambitious plans.