MTA drops $1.5B on new fleet of subway cars in move to avoid breakdowns
The Metropolitan Transportation Authority greenlighted a jaw-dropping $1.5 billion deal Wednesday to buy hundreds of new subway cars.
The MTA board voted to award Kawasaki a lucrative contract to build 378 high-tech R268s trains to replace the creaky relics of the 1980s that have plagued riders with breakdowns and delays for years.
“We needed to take that action to protect the riders who otherwise are going to experience these additional breakdowns,” Lieber said. “That’s what this is about.”
The money will come out of the MTA’s $68.4 billion 2024-2029 Capital Plan. That plan is funded through a combination of dedicated state taxes, federal dollars and borrowing through bonds.

