Results tagged “overbudget”

Oh, MTA - you and your outlandish idea of putting a glorious glass dome at the renovated Fulton Street Transit Center! The proposed design, unveiled in 2004, seemed an inspiring idea for the agency. But, after years of attempts to start construction, costs have risen to $1.15 billion, from the initially estimated $750 million, causing MTA executive director Eliot Sander to say, "I am sad to say that we cannot build the transit center as currently envisioned in this market." In other words, good-bye dome-oculus thing!

We don't know whether to laugh or cry. Last year, the MTA said that Fulton Street Transit Center would be completed by the end of 2008, leading Gothamist to write "that really means the end of 2009." Now the MTA goes beyond our forecasting and says that the project probably won't be done until 2010. Sucks to continue to be you, downtown commuters.