
Yup. There’s that dome again. (Source: MTA Capital Construction)
Add Lower Manhattan residents to that ever-growing list of New Yorkers annoyed at the plans to overhaul the Fulton St. Transit Hub. They join the displaced merchants as everyone tries to finger the MTA for this misguided plan’s shortcomings.
On Monday night, residents of Community Board 1 gathered with MTA officials to discuss the fate of the hub. While my suggestion of simply sticking a ladder into a hole in the ground probably wasn’t among the top choices, CB1 members urged the MTA to stick with their original plans. Amy Zimmer of Metro New York has more:
Bill Wheeler, the MTA’s director of planning, asked CB1 members last night what they wanted to salvage from the original plans. The answer was: the original plans.
“It would be utterly unconscionable to not build this project in a timely manner after 145 Downtown businesses were sacrificed to assemble the site and the entire population of Lower Manhattan has been forced to navigate around and through this massive dirty construction for years,” CB1 wrote in a resolution.
With billions going to the Second Avenue Subway and East Side Access, why couldn’t the MTA find the money for Fulton Street, Goodkind asked. “We want the MTA to deliver,” Goodkind said.
Herein lies the rub: The MTA is spending its capital construction money on the Second Ave. Subway and the East Side Access project. The Feds were supposed to supply the money for the Fulton St. transit hub from the Lower Manhattan 9/11 recovery fund, and they budgeted $750 million for the project. When the costs starting coming in at a level significantly higher than that, the MTA couldn’t cover the overruns without sacrificing other projects.
And why should they? Much like the City did with the 7 line extension, the Feds were supposed to pick up the budget for the hub. Yet again, the MTA did not come to an agreement on cost overruns that fit the agency budget, and they’re left saddled with a $750-million hole in the ground and no hub plans.
At some point soon, the MTA will have to unveil plans for the area because business owners and residents will demand it. Some have suggested a private/public partnership, and if that’s what it takes to get this oft-delayed and expensive hub off the ground, so be it.
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