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East Side Access Delayed Until 2023, Over Budget By $6.5B

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Just one day after news broke that the 7 train extension would not meet its projected opening date, the MTA has more bad news. A review conducted by the Federal Transit Administration found that the East Side Access project that seeks to connect LIRR trains with Grand Central will not be completed until at least 2023 and cost an estimated $10.8 billion or more. This announcement means that the project will be completed over a decade later than anticipated and cost more than twice the original estimate of $4.3 billion. The MTA also announced that they will create a steering committee to oversee the completion of the project. The committee will be comprised of MTA officials and realigned management from Capital Construction, with input from LIRR and Amtrak. The completed project is expected to reduce crowding on the 7 train and help cut the daily commute of some 80,000 riders by 40 minutes.
· MTA walks back targets on East Side Access yet again... [NYDN]
· New Direction For East Side Access [WSJ]
· All East Side Access Project Coverage [Curbed]