FUNDING SHORT FALL UNDERMINES NEW YORK'S MASSIVE TRANSIT PLAN

New York Citys East Side Access and Second Avenue subway projects remain in limbo due to lack of funding. This article describes the $5.4 billion shortfall for the projects and how it came about. The East Side Access project is discussed, with focus on the financial issues impacting construction. A look at the Second Avenue Subway project describes the standstill of the fourth attempt to make a subway that would run the length of Manhattan under Second Avenue. Part of a 1929 expansion masterplan, the project has been plagued with funding failures. Included in the article is a sidebar describing other allocations from the Federal Transit Administration, such as the Los Angeles Metro Gold Line Extension and the lack of any funding for AMTRAK in 2006.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/0041414X
• Supplemental Notes:
  • Special issue : Tunnels & Tunneling North America Vol. 16, March 2005
• Corporate Authors:

  Polygon Media Limited

  Tubs Hill House, London Road
  Sevenoaks, Kent TN13 1BY,   United Kingdom 
• Authors:
  • Connor, P
• Publication Date: 2005-3

Language

• English

Media Info

• Features: Figures;
• Pagination: p. 15-16
• Serial:
  • Tunnels & Tunnelling International
  • Volume: 37
  • Issue Number: 3
  • Publisher: Progressive Media Markets, Ltd
  • ISSN: 0041-414X

Subject/Index Terms

• TRT Terms: Capital expenditures; Federal aid; Financing; Government funding; Rail line extensions; State aid; Subways
• Geographic Terms: New York (New York)
• Subject Areas: Finance; Public Transportation;

Filing Info

• Accession Number: 00989397
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: May 3 2005 12:00AM