These things cost money. A subway would cost several billion dollars — whether five or nine billion is anyone’s guess. (It’s costing $4.5 billion to build the first three Second Avenue subway stations.) Four new Metro-North stations (and tracks and new trains) would cost at least $743 million.
And as these things go, it will cost more than we think. As Juliette Michaelson, strategy chief at the Regional Plan Association, told transit geeks Friday, “All of our transit mega projects today are billions of dollars and years behind schedule.”
Read the full article in the New York Post.