Annual Report 2007

Looking Ahead

The near-term outlook for New York and the industry is as bright as ever, and signs point to this City retaining its position as a world class center of commerce, culture and tourism. But as we know from experience, we will not see an ever-rising arc.There will be downturns along the way.

“It is during those periods that we will be challenged most,” says Building Congress President Richard T. Anderson. “It is easier to invest in infrastructure when tax revenues are up, but it will be up to this industry in particular to advocate forward- looking investment when budgets grow tight and our leaders are forced to make tough budgetary choices. The decisions we make during those periods ultimately will determine whether New York City can accommodate the tremendous growth we are contemplating in 2007.”

The regional growth that has fueled the economy could not have been possible without MTA services. And the MTA will be the force behind the growth anticipated over the next 30 years. Elliot G. Sander Executive Director &CEO, Metropolitan Transportation Authority.
	The future of our City is linked to our ability toaggressivelyand smartly invest in infrastructure. For growth and prosperity, we need to both maintain our past and build for the generations to come. Honorable Christine C. Quinn Speaker of theNew York City Council