Today’s installment of breathtaking inanity (the new irrational exuberance) takes note of three facets of this latest craze.
1. Moynihan Station, in its third (or is that fourth?) design iteration, will cost $1 billion to turn part of the Farley post office building into a partial replacement for Penn Station across the street. The catch: the only tenant is NJ Transit, which will leave behind 80 percent of commuters who currently use the old Penn Station in the pit below
2. Santiago Calatrava’s beautiful transit station design at Ground Zero will cost $2 billion and serve only those people who ride PATH trains from
3. The new Fulton Transit Center, run by MTA, is behind schedule and over budget even after the signature architectural element, a huge “oculus,” was reduced in size and – get this – the plans to untangle the clusterf**k of subway lines underneath Fulton were also scaled back. In other words, MTA is prepared to spend another $800+ million on a duplicative grand transit statement while backing away from the original intent of making the subway lines more rational for commuters ... New York commuters.
Hey, I’m all for grand architectural gestures, WHEN THEY ALSO WORK FOR THE PEOPLE WHO USE THEM.