What You Get For….$258 MillionBy
As the Second Ave. Subway ambles ever onward to a late-2016 revenue service date, updates these days have become few and far between. Sandhogs are hard at work far below the city’s surface, but the headline-grabbing stuff — tunnel-boring machine breakthroughs, street-level explosions — aren’t nearly as frequent any longer. Life just goes on.
Recently, the MTA provided us a photo update of construction progress, and we can see a subway taking shape. As these images remind us of the scope of the project, every now and then, reality intervenes in the form of a price tag. Late last week, the MTA announced a contract award of $258 million for “station finishes, mechanical, electrical, plumbing, ancillary buildings and entrances” for only the 72nd Street state.
We’ve reached a point in the lifespan of sticker shock where I’m not even surprised such a contract cost so much. With the Bleecker St. renovations clocking in at over $125 million, perhaps a $258 million finishes contract is downright cheap. Still, until we as a city and the MTA as an organization gets a better handle on costs, subway construction will be slow and frustrating.