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What’s Next?
The master plan will likely take 15 to 20 years to fully implement and cost approximately five to seven billion dollars. No one funding source will cover the entire cost; therefore, a variety of local, state, and federal sources—both existing and new—will need to be considered. Critically, the City will need to secure permits from state and federal entities to move the project forward.
In this current phase of work, the City is working with stakeholders to refine the design of the master plan so that environmental review of the project can begin in 2026.
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This moment belongs to all New Yorkers who work in, live in, travel through, or enjoy Lower Manhattan and want to help build a more resilient, livable city. New York City needs you—your vision, your advocacy, your participation—to make this master plan a reality.
