25
Nov
21:04
New York proposes $1.2 billion construction spending cut
The Port Authority of New York and New Jersey has proposed a $1.2 billion budget cut in construction spending for 2021, Kallanish reports
According to the Port Authority's recently revealed budget for 2021, the $2.4 billion proposed for construction spending next year is $1.2 billion below the projected amount for the Port Authority’s 10-year capital plan. This amounts to a -33% decline below the level outlined by the plan for 2021.
"Overall, the…
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