As Cost of New York City Train Link Passes $11 Billion, M.T.A.’s Credibility Shrinks

New York City’s most expensive transit project just keeps getting more expensive. And it has nothing to do with fixing the failing subway.

A new train station under Grand Central Terminal and a tunnel connecting it to the Long Island Rail Road will now cost more than $11 billion — about $1 billion more than a 2014 estimate, according to the Metropolitan Transportation Authority. The project is unlikely to open before December 2022.

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