Janno Lieber kicked off the year eager to get started on an unprecedented $54 billion worth of capital projects for the Metropolitan Transportation Authority. That’s all in jeopardy now, according to Lieber, the MTA’s president of construction and development, as the authority’s revenue has plummeted in the pandemic. “We may have to cannibalize the capital program in order to keep the lights on to feed the operating budget, just so we can continue to operate
source https://therealdeal.com/2020/10/02/mta-development-chief-capital-budget-will-be-cannibalized-without-federal-aid/
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