Wednesday, February 8, 2012

Cost overruns at WTC

From NY1:

Costs for the new World Trade Center have skyrocketed.

An audit from Navigant Consulting found the project is now estimated to cost nearly $15 billion.

That's 35 percent more than the $11 billion estimate in 2008.

Governor Andrew Cuomo and New Jersey Governor Chris Christie ordered the review after the Port Authority voted to raise bridge and tunnel tolls in August.

The Port Authority owns the World Trade Center site.

The auditors called the Port Authority “a challenged and dysfunctional organization suffering from a lack of consistent leadership."

The agency said it's taking steps to bring costs under control.

There have been several problems with rebuilding the World Trade Center site, including design mistakes and delays for the opening of the September 11th museum.


Anonymous said...

How dare the port Authority use our toll money to finance the construction of WTC? What a dysfunctional organization it is!

Anonymous said...

They should drag back Mr Ward who recently and suddenly resigned from the Port Authority.. This guy also ran the DEP into the ground as its commissioner. So there just might be a connection here.

Anonymous said...

I can't imagine how the costs have gone up, since the economy is exactly where it was when this project began.

Anonymous said...

the U.S. is now $15.2 TRILLION in debt ,almost $4.5 more since you voted for obama.

the unemployment numbers are around 8.3 %, but the democrats no longer count the former employed, who no longer look for work.

some states record unemployment higher than 10%.


49 million Americans now get OBAMA food stamps.

my heating oil delivery today was $4.40/gallon and gas at the pump is$3.79/gal.

and your president votes against the Keystone Pipeline from Canada to the Texas refineries ?
and he wants jobs,jobs,jobs? give me a break....

some American voters are NUTS....

Anonymous said...

Anon. No 4:

So who was responsible for the other 10.9 Trillion, Gramps?