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Old Posted Sep 7, 2020, 2:42 PM
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NYguy NYguy is offline
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Quote:
Originally Posted by chris08876 View Post
This sounds and looks insanely expensive. Whatever the projected cost is, double it with the PA running things.

All of those plans are expensive, but this was the most expensive. The only reason it's come up now is because of the current crisis. But whatever version of the new terminal takes shape, don't expect everyone to be happy. There will be a chorus of "why?".


Quote:
The money-hemorrhaging agency nixed it for the other scenarios because they’d each cost an estimated $10 billion compared with $15 billion for the sunken-terminal plan.

Proponents say the project could be financed at little or no cost to the PA by tapping near-zero-interest federal loans to spur development as part of recovery from the COVID-19 crisis.



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