NYC Comptroller Rips $4.4B Overrun In Transit Expansion

Law360, Los Angeles (March 6, 2013, 8:46 PM EST) -- New York State’s comptroller said the Metropolitan Transportation Authority’s ongoing East Side Access project, which will allow Long Island Rail Road trains to use Manhattan's Grand Central Terminal for the first time, is 10 years late and $4.4 billion over budget, according to a report released Wednesday.

Thomas P. DiNapoli criticized the ongoing tunneling project, which is expected to be completed in 2019, as being a decade later than originally promised and costing twice what the MTA originally estimated — nearly $9 billion when factoring in...
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