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/ Mar 08,2023
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The Transit Costs Are Too Damn High!
Writing in Vital City, Director of Transportation and Land Use, Eric Goldwyn, describes what he and his team have learned from their Transit Costs Project, particularly the Second Avenue Subway in New York City, timely findings given the recent announcement of $500 million in new funding from the U.S. Department of Transportation for Phase 2. Goldwyn concludes:
While we see the impact of high costs on the Second Avenue Subway, what is more concerning is the projects that never get built or even seriously considered because high costs make them cost-prohibitive—projects like a subway extension to LaGuardia Airport, a 6 train extension to Co-Op City, or potentially the Interborough Express. The more efficiently and cost-effectively we can build, the more of these we can get done.