United States · State
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- Counts and the pipeline for this region come first; the tabs list its buyers, players and tenders.
- Cities on the map open their own pages.
- Capex, pipeline value and the market narrative open with this market's edition.
New York
10 buyers · 25 tenders · checked 2026-10-03
Ten rail buyers; MTA committed $15.8bn in 2025; R262 bid closed September 8, 2026; Gateway Hudson tunnel boring under way.
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3Metro systems operating
10Buyers tracked
25Tenders tracked
3Cities tracked
- Live pipeline
- $16bn Hudson Tunnel commitment, $68bn MTA 2025-2029 Capital Plan, $45bn proposed Port Authority plan; 25 tracked procurements
- Technology areas
- Rolling-stock hardware, Signalling & train control, Predictive maintenance, Digital operations, Cybersecurity, AI inspection
Key figures
MTA 2025–2029 Capital Plan$68 billion
1 source · secondary
- ○ US Infrastructure (infraus.org) · MTA Seeks Proposals for Up to 2,390 Subway Cars in Largest Rolling Stock Order (published 2026-03-20 · checked 2026-09-05)
MTA capital commitments in 2025$15.8 billion
1 source · secondary
- ○ Railway-News · New York's MTA records $15.8 billion in capital commitments for 2025 (published 2026-01-29 · checked 2026-09-12)
MTA annual procurement spendover $7 billion a year
1 source · primary
- ● Metropolitan Transportation Authority · Doing business with us — procurement (published 2026 · checked 2026-09-05)
Hudson Tunnel Project funding c…$16 billion
2 sources · all primary
- ● Gateway Development Commission · July 2026 board meeting press release (HRGS change order $88m; $16bn Full Funding Grant Agreement) (published 2026-07-08 · checked 2026-09-12)
- ● Gateway Development Commission · Hudson Tunnel Project (nine miles of new track; ten construction packages) (published 2026 · checked 2026-09-12)
Port Authority ten-year capital…$45 billion (2026-2035, proposed)
1 source · secondary
- ○ Railway-News · PANYNJ's $45 billion capital plan to enhance PATH rail services (published 2025-11-14 · checked 2026-09-12)
Amtrak's estimated cost of the…$7-8 billion (estimate)
1 source · primary
- ● Amtrak · Amtrak and Penn Transformation Partners sign pre-development agreement for New York Penn Station Transformation Project (published 2026-06-22 · checked 2026-09-12)
Federal grants awarded in Novem…$16.4 billion
1 source · secondary
- ○ Engineering News-Record · White House awards $16.4B for 25 Northeast Corridor projects (published 2023-11-06 · checked 2026-09-12)
Buyers
| Buyer | Type | Tenders | Contracts awarded |
|---|---|---|---|
| Gateway Development Commission | State SPV | 9 | 5 |
| MTA Construction & Development | Development authority | 6 | 6 |
| MTA Metro-North Railroad | Regional rail SPV | 3 | 3 |
| MTA New York City Transit | Metro corporation | 3 | 3 |
| Metropolitan Transportation Authority | Transit authority | 2 | 2 |
| New York State Department of Transportation | State DOT | 1 | 1 |
| MTA Long Island Rail Road | Regional rail SPV | 0 | 1 |
| Niagara Frontier Transportation Authority | Transit authority | 1 | 0 |
| Port Authority of New York and New Jersey | Development authority | 1 | 0 |
| MTA Staten Island Railway | Metro corporation | 0 | 0 |
Tenders
Cities
| City | Network status | Networks |
|---|---|---|
| New York City | operational — the New York City Subway, two commuter railroads, the Staten Island Railway and PATH; the 2,390-car R262 subway bid closed on 8 September 2026 | New York City Subway; Long Island Rail Road; Metro-North Railroad; Staten Island Railway; PATH |
| Buffalo | operational — Metro Rail light rail; the DL&W station opened on 8 December 2025 and the Buffalo-Amherst-Tonawanda corridor expansion north of University Station is in the federal environmental process | Buffalo Metro Rail |
Players with a footprint here
| Player | Kind | Footprint |
|---|---|---|
| Alstom | Rolling-stock OEM | Plant |
| STV | Engineering consultant | Headquarters |
| Knorr-Bremse | Vehicle systems supplier | Plant |
| Dragados | Civil contractor | Regional HQ |
| RailWorks | Track & electrification contractor | Project presence |
| Traylor | Civil contractor | Project presence |
| CAF | Rolling-stock OEM | Plant |
| Kawasaki Rail Car | Rolling-stock OEM | Plant |
| Mott MacDonald | Engineering consultant | Office |
| Tutor Perini | Civil contractor | Headquarters |
| Cubic | Technology vendor | Project presence |
Events here
| Event | Kind | City | Dates | Organiser |
|---|---|---|---|---|
| RailTrends 2026 | Conference | New York | 19–20 November 2026 | Progressive Railroading (with ABH Consulting) |
Withheld in the free surface
- Capex in this region (3)
- Market narrative
Full detail withheld: 2 fields. In the United States edition · See a fully open example
- Note
Full detail withheld: 1 field. In the United States edition · See a fully open example
Sources
- ● Metropolitan Transportation Authority · Doing business with us — procurement (published 2026 · checked 2026-09-05)
- ○ Engineering News-Record · White House awards $16.4B for 25 Northeast Corridor projects (published 2023-11-06 · checked 2026-09-12)
- ○ Engineering News-Record · MTA awards $1B contract for Second Ave Subway Phase II station package (published 2026-06-01 · checked 2026-09-12)
- ● Gateway Development Commission · Hudson Tunnel Project (nine miles of new track; ten construction packages) (published 2026 · checked 2026-09-12)
- ○ Railway-News · New York's MTA records $15.8 billion in capital commitments for 2025 (published 2026-01-29 · checked 2026-09-12)
- ○ Railway-News · Siemens Mobility to digitise New York City's Fulton-Liberty lines with CBTC (published 2026-04-30 · checked 2026-09-12)
- ○ Railway-News · Interborough Express Brooklyn-Queens rail link moves into design phase (published 2025-08-04 · checked 2026-09-12)
- ○ Railway-News · MTA breaks ground on construction of Second Avenue Subway Phase 2 project (published 2026-06-15 · checked 2026-09-12)
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Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.