Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • April Mutual Fund Data: Net equity inflows fall for the fourth straight month to the lowest in a year
    • Mutual fund equity inflows down 3% in April as investors move to hybrid funds
    • Mutual fund SIP inflows hit all-time high of Rs 26,632 crore in April
    • Mutual Funds: SIP Contributions Nearly Hit Rs 3 Lakh Crore, AUM Crosses Rs 65 Lakh Mark
    • Activity of investment in mutual funds cannot be classified as exempted service hence rule 6 of CCR not applicable
    • Performances & Cotations, Cours MIRN Bourse Australian S.E.
    • MFs in April 2025: Equity fund inflows decline, SIPs soar to record levels
    • SOL Global Investments annonce un investissement stratégique de 1 million de dollars américains dans McQueen Labs
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Investments»Hochul unveils major infrastructure investments
    Investments

    Hochul unveils major infrastructure investments

    July 21, 2024


    Project includes bike path, pedestrian walkway to connect cyclists and walkers across the river

    ALBANY – Gov. Kathy Hochul announced a commitment involving more than $600 million towards significant infrastructure investments to revitalize the Livingston Avenue Bridge and the Central Warehouse.

    The new project will involve a $634 million investment to restore the bridge, including doubling train speeds and building a reliable lift bridge and signal system. A bike path and pedestrian walkway will also be created to enhance connectivity for cyclists and walkers across the river.

    “You know what happens here affects the rest of the state,” Hochul said. “So, when trains have to slow down to 15 miles per hour instead of 40, that has a ripple effect throughout every other community along the way. It affects people’s ability to get to work on time, to get home to carry on their business, and so that is not okay.”

    Speaking to a crowd at Jennings Landing on Friday, July 12, Hochul highlighted the historical importance and current disrepair of the bridge, built 150 years ago during the Civil War. The bridge, which connects Albany and Rensselaer and has facilitated train travel between New York City and Buffalo, has deteriorated over time.

    Hochul also addressed the longstanding issue of the Central Warehouse, an abandoned industrial site posing safety risks to train passengers. She announced a $10 million investment from New York’s Restore program for its demolition, signaling a commitment to improving the area’s appearance and safety. She also called for continued federal assistance and expressed hope for an expedited timeline for the bridge project.

    Hochul underscored her administration’s focus on rectifying past infrastructure neglect and reconnecting communities, with similar efforts underway in Buffalo and Syracuse. She reiterated the significance of waterway access for community well-being and pledged ongoing investments in waterfront development.

    “Show us the money when you can, but this project has to move ahead,” Hochul said, gesturing to Congressman Paul Tonko in the audience. “So, that’s why I made the commitment, saying, ‘No, we’ve waited long enough. This community has waited long enough. Our passengers have waited long enough. And we’re going to make sure we get this done.’ So, I want to get it done.”

    author avatarauthor avatar
    Michael Hallisey is managing editor of Spotlight Newspapers.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Performances & Cotations, Cours MIRN Bourse Australian S.E.

    May 9, 2025

    SOL Global Investments annonce un investissement stratégique de 1 million de dollars américains dans McQueen Labs

    May 9, 2025

    Chuang’s China Investments enregistre une perte attribuable pour l’exercice

    May 9, 2025
    Leave A Reply Cancel Reply

    Top Posts

    April Mutual Fund Data: Net equity inflows fall for the fourth straight month to the lowest in a year

    May 10, 2025

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Mutual Funds

    April Mutual Fund Data: Net equity inflows fall for the fourth straight month to the lowest in a year

    May 10, 2025

    Net inflows into India’s equity mutual funds moderated in April 2025, declining by 3.2% month-on-month…

    Mutual fund equity inflows down 3% in April as investors move to hybrid funds

    May 9, 2025

    Mutual fund SIP inflows hit all-time high of Rs 26,632 crore in April

    May 9, 2025

    Mutual Funds: SIP Contributions Nearly Hit Rs 3 Lakh Crore, AUM Crosses Rs 65 Lakh Mark

    May 9, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    BayCare Health offering $1.3 billion of bonds

    August 8, 2024

    Legislation to restore advance refunding for tax-exempt municipal bonds introduced in U.S. House of Representatives

    May 15, 2024

    How to Invest in VanEck Morningstar Wide Moat ETF (MOAT)

    October 24, 2024
    Our Picks

    April Mutual Fund Data: Net equity inflows fall for the fourth straight month to the lowest in a year

    May 10, 2025

    Mutual fund equity inflows down 3% in April as investors move to hybrid funds

    May 9, 2025

    Mutual fund SIP inflows hit all-time high of Rs 26,632 crore in April

    May 9, 2025
    Most Popular

    ₹1 lakh investment in these 2 ELSS mutual funds at launch would have grown to over ₹5 lakh. Check details

    April 25, 2025

    ZIG, BUZZ, NANC, and KRUZ

    October 11, 2024

    Zerodha’s Nithin Kamath And Capital Minds’ Deepak Shenoy On Why ETFs Are Preferred In US

    February 20, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.