Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • All NS&I Premium Bonds winners have ‘one thing in common’
    • NGX Top 10 Brokers dominating Equities, Bonds, ETFs trades early February 
    • Definition, Tax Advantages, and Risks
    • Demat mutual fund users to benefit from SEBI’s proposed standing instruction facility
    • FBTC vs. NCIQ: The Big Bitcoin ETFs That Share Many Similarities
    • Ontario is proposing a new class of mutual funds. Investor advocates warn the risk may not be worth the reward
    • Put your savings in the fast lane AND beat the market crash, by money guru JEFF PRESTRIDGE. These are the best ‘smart’ tracker funds… and they’re all picked by leading experts
    • Capitalmind Flexi Cap Fund beats benchmark in six months; sees broad investor participation
    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

    Tube Investments Q3 Results: Profit jumps 18%, margin expands; dividend declared

    February 4, 2026

    SEI Investments (SEIC) Surpasses Revenue and Core EPS Estimates in Q4 2025

    February 3, 2026

    Microsoft AI investments raise questions about long-term strategy

    January 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

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

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    All NS&I Premium Bonds winners have ‘one thing in common’

    February 8, 2026

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

    November 19, 2023
    Don't Miss
    Bonds

    All NS&I Premium Bonds winners have ‘one thing in common’

    February 8, 2026

    Looking at all the £1million prize winners so far this year, there is a common…

    NGX Top 10 Brokers dominating Equities, Bonds, ETFs trades early February 

    February 8, 2026

    Definition, Tax Advantages, and Risks

    February 7, 2026

    Demat mutual fund users to benefit from SEBI’s proposed standing instruction facility

    February 7, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Spot Bitcoin ETFs record $294m inflows despite BTC retreating below $67K

    October 22, 2024

    Volatility is the middle name of small-cap mutual funds. Here are the strategies to navigate it

    February 21, 2025

    Independence animal shelter learns of needed Jackson County Funds

    October 30, 2024
    Our Picks

    All NS&I Premium Bonds winners have ‘one thing in common’

    February 8, 2026

    NGX Top 10 Brokers dominating Equities, Bonds, ETFs trades early February 

    February 8, 2026

    Definition, Tax Advantages, and Risks

    February 7, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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