Momentum is growing for an ambitious round of investments in transportation projects in New
York City. At a time of fiscal crisis, and uncertainties over the direction of the economy in
Lower Manhattan and the city as a whole, new transportation infrastructure is increasingly being
seen as critical for the city?s future. Buoyed by calls from elected officials and civic and
business groups, a wide array of government agencies ? including the Metropolitan
Transportation Authority, the Port Authority, New Jersey Transit, the New York State
Department of Transportation, and the city and state economic development corporations ? are
undertaking studies of transportation megaprojects.