From the Daily News:
The state announced that it has sold four sets of rusting trains to scrap dealers — an embarrassing end for a once-grand plan to create high-speed rail service between Manhattan and Albany.
The sale of the trains and spare parts netted a mere $420,000, a far cry from the tens of millions of dollars taxpayers sank into the doomed project.
The trains were among seven retired Turboliners former Gov. George Pataki’s administration acquired from Amtrak in 1998.
Each of the trains consisted of two engines and three passenger cars — and were supposed to be refurbished for high-speed use.
But after spending $70 million on the project, the state could only get three of the seven to run — and then only sporadically.
They were plagued with problems, from fires to poor air conditioning.
By 2002 the project was halted and Amtrak towed the three barely working trains to a rail yard in Delaware.
The remaining four have been rusting away in a rail yard outside of Schenectady, costing taxpayers $150,000 a year just in storage costs.
In June, a frustrated Gov. Cuomo announced the state would finally rid itself of the trains, even auctioning them off for scrap if necessary.
And that’s exactly what happened.