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View Poll Results: Is the WTC project becoming a Boondoggle?
Yes 4 50.00%
No 4 50.00%
Voters: 8. You may not vote on this poll

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Old 02-01-2012, 09:53 PM
 
Location: On the Rails in Northern NJ
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With the recent news of the cost climbing to 3.2 Billion for 1WTC, is it becoming a boondoggle?
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Old 02-02-2012, 01:29 AM
 
Location: Portland, Oregon
46,054 posts, read 28,260,244 times
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Umm, did you think this project was gonna be cheap or under budget in any way? I figured with the amount of extras that had to be done with is project in the way of security and infrastructure that this whole thing was gonna be closer to 5 billion by the time it is all said and done. Anyone who thought this whole "we will rebuild" thing was gonna be cheap was just lying to themselves.
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Old 02-02-2012, 07:06 AM
 
Location: Brooklyn
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I think it became a boondoggle about five years ago. What I want to know is, when does a boondoggle metamorphose into a white elephant?
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Old 02-02-2012, 08:16 AM
 
Location: Staten Island, NY
7,901 posts, read 6,472,299 times
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Quote:
Originally Posted by Fred314X View Post
I think it became a boondoggle about five years ago. What I want to know is, when does a boondoggle metamorphose into a white elephant?
When they have to raise tolls to try to fix the mess, which they just did. It's absurd that the Port Authority is involved in real estate, and it is even worse that the agency is bi-state. Because of its Bi-State status, the Port Authority is almost completely unaccoutnable to anyone.
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Old 02-02-2012, 08:38 AM
 
Location: Staten Island, New York
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It's NYC. Everything costs 3x as much as estimated.
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Old 02-02-2012, 08:47 AM
 
8,750 posts, read 15,550,014 times
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Well I think it was assumed that it was/is/would be a boondoggle since:

A: It took almost a decade just to get every competing interest in the city/state/fed/victims family/former owner/Port Authority/politician to agree to anything.

B: Port Authority is involved with building this at all and subsequently raised tolls to pay for it, and will inevitably raise tolls more than they already agreed to as costs will continue to increase and leasing revenue will no doubt be lower than forecast.

C: Everything of this magnitude built these days anywhere in the US is guaranteed to be, at some level a boondoggle/corrupt/poorly built scandal.

So the answer to the question is NO it is not becoming a boondoogle because everyone always knew it was from the beginning, or would be that is for all the reasons I mentioned above. Same applies to the 2nd ave train line which will be years and years delayed, way overbudget, and of course have scandals like cement which violates code and collapses, much like what happened to the big dig in Boston. And the same which would have happened to the proposal new tunnel connecting NJ and NYC....if they estimated $5 billion, and added another $3 billion on inevitable overuns, the actual cost will be well over $14 billion at the end of the day = boondoggles! That's just how it goes now to get anything done.
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Old 02-02-2012, 08:56 AM
 
Location: Norfolk, VA
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If it is not a boondoggle. It does not get built.
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Old 02-02-2012, 09:02 AM
 
Location: Red Hook Brooklyn-winter Derby Line Vermont-summer
280 posts, read 1,047,275 times
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Where is Robert Moses when you really need him?
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Old 02-02-2012, 09:23 AM
s06
 
105 posts, read 212,849 times
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The Wall Street Journal says that "One World Trade Center's construction is vastly more expensive than a traditional office tower, in large part due to security costs associated with building the tallest building in North America on a site that has been the target of two separate terrorist attacks (the site was also bombed in 1993)."

http://www.huffingtonpost.com/2012/01/31/one-world-trade-center-will-cost-38-billion-dollars-expensive-building-in-the-world_n_1243917.html

I don't know if the project is a boondoggle; I've thought that the money spent to rebuild would eventually be paid back by tourists from around the world, who're willing to spend money in the city just to visit the WTC.
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Old 02-02-2012, 10:08 AM
 
Location: Portland, Oregon
46,054 posts, read 28,260,244 times
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Quote:
Originally Posted by nyctovt View Post
Where is Robert Moses when you really need him?
Why? Do you know of an old neighborhood that needs a freeway cutting through it?
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