Cost of the Long Island Rail Road project balloons to be the most expensive in the world


The estimated cost of the Long Island Rail Road project, known as “East Side Access,” has ballooned to $12 billion, or nearly $3.5 billion for each new mile of track — seven times the average elsewhere in the world. The recently completed Second Avenue subway on Manhattan’s Upper East Side and the 2015 extension of the No. 7 line to Hudson Yards also cost far above average, at $2.5 billion and $1.5 billion per mile, respectively.



Against the back drop of the New York subway system's massive delays, the New York Times looks into why project costs for a 3.5-mile tunnel connecting Grand Central Terminal to the Long Island Rail Road ballooned to nearly $3.5 million for each new mile of track. 

Mackenzie Goldberg via Archinect - News http://ift.tt/2EhiYLJ

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