December 2022

Thruway Toll Plan to Help Fund $1.9B for Multi-Year Capital Work

ALBANY—The New York State Thruway Authority Board of Directors approved the start of a process to increase tolls to help finance its ambitious and necessary $1.9-billion 2023-2027 capital plan.
Thruway Authority officials stated that the toll hike, is its first systemwide toll increase since 2010. It is necessitated by an additional nearly $500 million in needed infrastructure work, which is not currently supported by the funding stream of the existing 2022-2026 capital plan.

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Construction Begins on $3.2B Penn Station Access Project

NEW YORK—Touted as the largest expansion of Metro North train service in its history—construction on the $3.18-billion Penn Station Access project has begun that will add four new Metro-North stations and bring rail service within one mile of 500,000 residents. The four new stations will be in Hunts Point, Parkchester/Van Nest, Morris Park, and Co-Op City and will be accessible to all in accordance with the Americans with Disabilities Act.

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Attorney’s Column – Court Reminder: Existence of ‘Lien Fund’ Is Necessary to Support Valid Lien

This column has often advised that a mechanic’s lien is a powerful tool to help unpaid contractors get paid. Private liens have the benefits of attaching to the title of the land that was improved, and permitting the contractor to recover from the owner of the property—even though there may be no contractual relationship between the unpaid contractor and that property owner.

Attorney’s Column – Court Reminder: Existence of ‘Lien Fund’ Is Necessary to Support Valid Lien Read More »

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