In his much-anticipated jobs speech last week, President Obama pledged billions of dollars towards “shovel-ready” projects to put construction workers back on the job. The first round of federal stimulus, passed in 2009, provided $261 million dollars in aid to improve New York City’s infrastructure. Here is a list of projects within the city that would benefit from round two:

Hudson River Tunnel: In October of 2010, Chris Christie touted his cancellation of construction of another tunnel under the Hudson, which would have doubled the capacity of commuter train passengers traveling between New York and New Jersey. The estimated price tag of the project, split between the two states and the federal government, is estimated at about $10 billion.

Retrofitting commercial buildings: Cash-strapped labor unions and private enterprise have attempted to go further than what was pledged in Obama’s green initiatives last year, but would greatly benefit from public investment. Deutsche Bank has compiled a list of potential savings from retrofitting specific commercial buildings in NYC.

Fixing bridges: Although the Brooklyn Bridge received a much-needed enhancement from the America Recovery Act in 2009, bridges throughout the state of New York have been crumbling for years. Senator Schumer has called for federal aid to update over 2,000 structrually deficient bridges throughout the state.

Commuter trains: With New York being awarded a massive federal grant for high-speed rail projects, commuters throughout the region will find it easier to travel throughout the Northeastern Corridor. However, Metro North and NJ Transit are still vital routes for daily commuters throughout the area. Upgrading these networks can greatly improve efficiency.