The Citizens Budget Commission released a report earlier this week that predicted the MTA wouldn’t be able to fully repair all 467 of its subway stations until 2067, with suggestions on how the transit authority could finance repairs faster. The group suggested raising money through public-private partnerships, which can be incredibly effective. But when they’re negotiated poorly, these partnerships can cost cities and states millions.
When the Fulton Transit Center opened last November, glowing reviews celebrated its 53-foot-wide oculus while lamenting its $1.4 billion price tag, which had doubled since the project’s inception several years before. Now, spokespeople from Westfield and the MTA tell YIMBY that retail will begin opening in the fall and continue through 2016. There will be about 20 stores ranging from retail and service providers to eateries and full service restaurants.
Governor Cuomo and Vice President Biden announced plans calling for the complete reconstruction of LaGuardia Airport, in East Elmhurst, Crain’s reports. The $4 billion project will have four connected terminals and will wrap around the Grand Central Parkway. There will also be 24-hour ferry service and an AirTrain linking the airport to the 7 train’s Willets Point stop. Approval from the Port Authority is required, and the terminal portion is expected to break ground in 2016 for a 2018 completion. The AirTrain link will take roughly five years to build.
Last October, construction was making quick progress at the World Trade Center Transit Hub, dubbed the Oculus, and the structure is now receiving its finishing touches. Platform B of the PATH’s WTC station has now opened to the public, and Platform C is currently being reconstructed. According to Curbed, glass installation for the structure’s skylight is also underway.
While the proposed park off the Meatpacking District, dubbed Pier55, waits for the Army Corps of Engineers and State Department’s approval, the project’s landscape architecture firm Mathews Nielsen has made small tweaks to the design. The park’s highest elevation has been lowered to 62 feet, according to Curbed, and vegetation will be very diverse. An amphitheater will be located near the back, and federal funds have been allotted for the park’s 13th Street pedestrian bridge. Construction is expected to begin in 2016.