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Cuomo Announces Renovation Projects To Restart NYS Economy

New York Governor Andrew Cuomo at his briefing May 5, 2020.
https://www.flickr.com/photos/governorandrewcuomo/49860390977/

Governor Andrew Cuomo says he believes New York state has finally “turned the page” on the COVID-19 pandemic and it’s time to focus on restarting the economy. The Democrat will meet with President Trump on Wednesday to discuss federal funds for state projects - including repairing commuter rail tunnels in New York City.

Cuomo began the day by ringing the bell to reopen New York’s stock exchange, after a two-month shutdown. Wall Street is not only a symbol of New York and the nation’s economy, it also generates 17% of the state’s revenue. 

The governor, speaking during his daily coronavirus briefing in the board room of the stock exchange, said all areas of the state except New York City are in the first phase of reopening, or will begin later this week. He says it’s time to jump-start the economy and one of the ways is building public works projects.

He says New York’s ongoing infrastructure projects, including the long delayed renovation of Penn station, will “accelerate” the redesign of LaGuardia airport and building renewable power transmission lines that link Canadian power to New York.

And Cuomo says he’ll meet with President Trump in Washington on Wednesday to discuss joint projects with the federal government.

“You want to restart the economy, you want to reopen the economy, let’s do something creative, let’s do it fast, let’s put Americans back to work,” Cuomo said.

The projects the governor is seeking funding for include a train to New York’s major airports and the replacement of the 110-year-old commuter rail tunnels under the Hudson River from New York to New Jersey. Trump in the past has resisted providing money to what’s known as the Gateway project.

Cuomo says the public works projects would provide needed jobs in an economy that will likely still be struggling for some time. The governor says he expects the recovery to be “uneven” with layoffs in some industries that will harm workers.

“I believe it bounces back, but it bounces back differently,” the governor said. “There will be winners and losers.”

Cuomo says the economic recovery will only happen if the infection rate keeps dropping. He says everyone will have to get used to wearing protective masks for a while, and he predicts it will even become trendy.

“This is cool,” said Cuomo, who said some people coordinate their outfits with the color of their masks. “This has to be part of who we are and what we do every day,” the governor said.

Cuomo says the thousands of contact tracers being hired around the state will also be key to identifying and containing any virus hotspots going forward.

Karen DeWitt is Capitol Bureau chief for New York State Public Radio, a network of public radio stations in New York state. She has covered state government and politics for the network since 1990.
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