This post appeared in a previous blog and is here for posterity’s sake.
So New York state woke up this morning with an additional $2 billion in debt when the Transportation Bond passed. You might be wondering what the Second Avenue Subway might look when our half of that money is spent.
Well, it will look very similar to the above graphic, with only a 30 block segment being built (pdf) out of the whole Second Avenue plan (pdf).
Don’t forget that this also includes the LIRR / Grand Central connection, and all of this is to provide app. 100,000 jobs.
I’m not arguing your point, just filling in the blanks.
And they still have to sell the bonds to investors first before the MTA gets their money …
Yes, yes – both of you are right. I am quite excited about a new subway line, but the process is so long, that it is a wonder that anything gets done.