Tuesday, March 5, 2024

Still need congestion pricing?

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NY Post

The MTA could potentially find another $600 million in savings in its bloated plans to extend the Second Avenue Subway, a Post investigation found — as the agency faces pressure to prove it’ll spend its upcoming congestion toll windfall wisely.

New York is potentially just about three months away from launching a controversial $15 daily charge on cars that drive below 60th Street in Manhattan, raising $1 billion a year for the Metropolitan Transportation Authority to spend on projects, such as its expansion of the Q line to East Harlem.

“MTA management is ineffective, and handing more money to unelected bureaucrats will not fix the MTA’s problems,” testified real estate agent Lucas Callejas, 38, of Inwood, during a public hearing about the congestion fee plan Monday.

“I absolutely don’t trust the MTA with my money … They spend like crazy,” added Dana Matarazzo, 40 an oncology nurse at Memorial Sloan Kettering from Staten Island, who spoke to The Post after testifying against the toll.

MTA officials announced last month they shaved $300 million off the $6.9 billion total estimate to extend the Q line from its terminus at 96th Street another 1.5 miles up Second Avenue and then westward along 125th Street to Lexington Avenue.

But The Post’s analysis found another $600 million in savings in the MTA’s station designs, when compared to what it would cost to build a similar project overseas.

While the tunneling costs are in line with those of other major cities, such as London and Rome, the station costs and designs remain in an entirely different league, The Post’s analysis revealed.

Before the recently-announced trims, the MTA’s budget for tunneling, trackwork, stations and power, computer and radio systems was estimated to be $4.1 billion.

The new, “more efficient” station designs have helped lower the figure to $3.8 billion — still more than the $3.2 billion would cost to build a similar project in London, the most expensive of the European cities examined by The Post, in a worst case scenario.

Experts and researchers zeroed in on two major factors that have pushed the MTA’s station costs to levels not seen elsewhere: The amount of area set aside of passengers to circulate on mezzanines before heading down to the platforms; and the amount of “back of house” areas sealed away from public view that provide space for storage closets, mechanical functions and break rooms.

The feds granted permission to rework the 125th Street station design in 2020 in an earlier second round of reviews for the East Harlem leg, but officials not reveal the full scope of the overhaul until stories ran in The Post highlighting the size of the original 2004 design. The first round of tweaks approved by regulators in 2018 allowed the MTA to put the 116th Station in an empty piece of existing tunnel.

The three rounds of reviews have shaved an estimated 17% off of what could have been a $7.6 billion total price tag, records show. Officials have said the third round of reviews remains ongoing.

The overall now-$6.6 billion budget for the East Harlem expansion also includes $245 million for land purchases and eminent domain, $559 million for outside engineering, design and management firms, plus a whopping $943 million for a budget reserve.

The project’s construction costs alone could have been as high as $4.4 billion had the MTA re-used the station designs from the Second Avenue Subway’s Upper East Side extension, a much-delayed project that shattered cost records.

“That’s the hard part, turning this ship around,” said Eric Goldwyn, who lead a team of researchers at New York University that revealed how oversized the MTA’s Upper East Side designs were compared to those used in Stockholm, Rome and Istanbul, dramatically inflating costs.

“When people asked them about our research, they said ‘we were a–holes,’ basically,” Goldwyn added. “I’ve been encouraged by what I’ve seen, but there are absolutely things to keep looking at.”


17 comments:

Anonymous said...

​​Time to vote differently !

Anonymous said...

You built this Sheeple. Enjoy.


Anonymous said...

Limousine liberals are all over NYC !

Anonymous said...

Where is the "Tax the Rich" gown wearing bartender on this issue ?

Anonymous said...

The rich get over again on the middle class.

Anonymous said...

Timcast said...
NYC Deploys 750 National Guard Over NYC CRIME, But TERROR From Illegal Immigration May Be REAL ISSUE

https://www.youtube.com/watch?v=RVUe4apGvsM

Anonymous said...

My husband is 75 and still needs to work.

Anonymous said...

The Cookie Monster knows....

Anonymous said...

Why do we endure this phony delay in starting?

Anonymous said...

Imagine wanting to live in NYC or Southern California

Anonymous said...

NYC is under martial law. You will comply or ELSE

Anonymous said...

The problem with democracy is the voters.

Anonymous said...

Another fine example of voters getting exactly what they voted for!


Anonymous said...

Another illustration of the decaying once great cities run by democrats.


Anonymous said...

Hidens ‘shrinkflation’ on your wallet !

Anonymous said...

Milton Friedman always said beware of all lawyers & tax collectors

Anonymous said...

That's $600 million more that we should be sending to Israel, even though they have free healthcare, subsidized housing and free college education (for the correct religion only).