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Contractors for the MTA were paid more than those working in other cities, even though that provided no construction benefits. Planning for East Side Access cost more than $2 billion, and planning for MTA projects in general also made up more of the cost than in other cities' projects.
Furthermore, the MTA Board approved an amendment to the 2020–2024 Capital Program to increase the entire cost of the project to $2.867 billion, and defer $460 million of the project costs, including the option for improvements in New Rochelle Yard and some contingencies and support costs, to a future date.
According to the MTA, plans were first proposed in 1963 and then, commenced in 1998; the years since have been long, with total costs for the project now projected at $11.1 billion, an estimate...
The East Side Access project was restarted after a study in the 1990s showed that more than half of LIRR riders work closer to Grand Central than to Penn Station. [18] The cost of the project, estimated at $4.4 billion in 2004, jumped to $6.4 billion in 2006 [19] and to $11.1 billion by 2017.
First conceived in the 1960s, East Side Access has been beset by construction delays and cost overruns. When work began in 2006, it was initially expected to be completed by 2013 and cost just $6. ...
Plan To Bring LIRR Service To East Side On Track To Start In 2022: MTApatch.com
According to the MTA, plans were first proposed in 1963 and then, commenced in 1998; the years since have been long, with total costs for the project now projected at $11.1 billion, an estimate...
The $11.1 billion endeavor includes a new 350,000-square-foot passenger terminal under Grand Central that can handle eight trains at a time, doubling the LIRR’s capacity into Manhattan with up ...
The estimated cost of the project was $341 million, and the MTA applied for $227 million in federal funds. [17] One section of the tunnel was controversial because it called for 1,500 feet (460 m) of cut-and-cover tunneling, which would require digging an open trench through Central Park in Manhattan. [18]
East Side Access has been dogged by massive cost overruns and delays since construction began nearly a dozen years ago.
The East Side Access project, including tunnels under the East River and the East Side of Manhattan, was completed in early 2023; some LIRR traffic has been diverted to Grand Central, freeing up track slots at Penn Station.