The estimated cost of the Long Island Rail Road project, known as “East Side Access,” has ballooned to $12 billion, or nearly $3.5 billion for each new mile of track — seven times the average elsewhere in the world. The recently completed Second Avenue subway on Manhattan’s Upper East Side and the 2015 extension of the No. 7 line to Hudson Yards also cost far above average, at $2.5 billion and $1.5 billion per mile, respectively. — New York Times
Against the back drop of the New York subway system's massive delays, the New York Times looks into why project costs for a 3.5-mile tunnel connecting Grand Central Terminal to the Long Island Rail Road ballooned to nearly $3.5 million for each new mile of track.
4 Comments
22% of the work force did not exist but was "paid" $1,000 per day. $200k per day x 250 days = $50m / yr.
U$A! U$A!
Hmm, looks like the PATH hub cost overrun wasn't really Calatrava's fault--just some good ol' fashioned NY corruption. Maybe the NYT should apologize and fire their weak classical music, i mean big urbanist, i mean "architecture critic".
Perhaps you should check with the new high speed railway that the Chinese force Hong Kong to built . While HK paid more than half of the construction cost ( almost 100 billion HKD) and put the station at the heart of Hong Kong ( i.e. extremely high valued piece of land), we only share 10-20 % of the revenue.
Most people I know who still live in NY are down to good bagels and pizza for justification of their ridiculous cost of living. gluten and bullshit is holding NY together.
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