Cuomo says far more research is needed to determine the depth of the financial crisis faced by the New York-New Jersey Port Authority before tolls to cross the Hudson River are raised.
Cuomo didn't rule out toll increases once that review is complete.
He and New Jersey Gov. Chris Christie could veto the current proposal.
The proposal would as much as double the tolls at the Lincoln and Holland tunnels and at the George Washington Bridge as well as at three other bridges between New Jersey and Staten Island.