The Metropolitan Transportation Authority said that it would complete construction of the long-delayed
Fulton Street Transit Center in 2014, seven years behind the project’s
originally scheduled date. The MTA plans to spend $424 million in federal
stimulus money to plug a hole in the project’s budget, and when it’s
finished, the project will cost about $1.4 billion, nearly twice the
original estimate. Michael Horodniceanu, president of capital
construction for the MTA, vowed to stick to the
new budget and schedule. Parts
of the center will open before the building is done, and most of the
improvements to the subway, including easier connections between lines,
will be finished by 2012, Horodniceanu said.
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Fulton Street Transit Center to be completed in 2014
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