Latest / New York City News Today | 2 Min News | The Daily News Now!
Second Ave Subway’s Hidden Cost | New York City News
The Second Avenue subway extension is set to become one of the costliest transit projects ever—with a price tag ballooning from $6.9 billion to $7.7 billion, thanks to $731 million in financing fees. That’s nearly 10% of taxpayer money going to banks and investors, not just construction. While the MTA says these costs are covered by annual budgets, federal docs reveal the higher figure—and experts warn the public deserves transparency. Construction continues on schedule for 2032, though utility delays could push costs higher. Listen in comfort:Get a discount on a Soli Pillow…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.