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It seems like every May we get an announcement about the Fulton Street Transit Center. In 2004, it was an announcement an amazing new transit center would be built. Last year, it was that the project would be delayed and scaled back (a smaller glass dome, shorter hallways between lines). This year, it's more scaling back as it's $50 million over budget so far (the original estimated budget was $799 million). Apparently rising real estate costs are to blame - and we thought MTA Chairman Peter Kalikow owned a chunk of that land! The MTA may have to redesign the beautiful, glass domed entrance, though they say they are trying to "maintain the concept of a light and airy" space. By the time this project gets done, we'll be lucky if we see a concrete box with a couple windows and skylights!
Really, we hope the project is as glassy and "ethereal" as the renderings would suggest - here's the MTA's site about the plan.
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Let's enact a windfall profits tax on Goldman Sachs and Merrill Lynch to pay for it.
Just a few weeks ago the MTA was saying a fare hike was needed. The mayor said publically it wasn't. Now all this talk about budget over runs and the cost of real estate the MTA already owns. Sounds like an act and Bloomberg and Kalikow are working together to juice NY'ers again. Maybe Kalikow needs another exotic car? I wonder when was the last time he even saw a subway let alone rode one. They are the kings and we but lowly serfs allowed to live on their land so long as we give them every last dime we possibly can.