Congress Plans to Investigate High Costs of New York City Transit Construction
When you go to New York City, you can expect to spend a lot of money. Restaurant prices are a lot more expensive than other places in the country, parking is going to cost you an arm and a leg, and finding a place to stay? Wow, you better be prepared to spend a couple hundred dollars. While the city itself is so expensive, it may or may not come as a shock that the subway system ranks pretty low in terms of cost efficiency. Congress wants to know why.
According to Time Out, the MTA’s 7 train cost about $1.4 billion to complete per kilometer. This is compared to London’s newer soon-to-be train extension which will only take about $1 billion per kilometer to complete. To see why the NYC cost is so high, Congress said in their latest omnibus spending bill that they will be mandating a stud...








