« Blight Study May Pave Way For Columbia Expansion | Main | Making omelets without breaking eggs? Doctoroff posits post-Moses era »
February 2, 2007
MTA panel eyes cost cuts
MetroNY
By Patrick Arden
Metropolitan Transportation Authority officials admitted yesterday that the agency’s 2005-09 capital program is running over budget, but they refused to say whether any scheduled projects would be delayed or scrapped.
...
“They don’t deny that it’s a problem,” [Gene Russianoff, senior attorney for the Straphangers Campaign] said, but “they are going to have to look for additional revenue. This is an agency that’s awash in red ink, both on the operating side and on the capital side.”
NoLandGrab: Snap! MTA officials are probably damn sorry they approved Bruce Ratner's low-ball bid for the Vanderbilt Railyards in 2005.
Posted by lumi at February 2, 2007 6:56 AM