The Port Authority of New York & New Jersey claimed it will cost $11 billion to overhaul its supremely hated bus terminal in Manhattan. Yes, everyone agrees the place is pretty much a dump, but $11 billion? That sure seems steep.
The plan will be presented to the Port Authority board on Thursday, but it may not go given that it doesn’t seem to have the support of governors Christie and Cuomo. And the eye-popping figure may actually be a way to preemptively kill the project, so says Veronica Vanterpool, Executive Director of the Tri-State Transportation Campaign. She told Streetsblog: “There’s a tendency to over-inflate transit costs just to kill them.”