News

Completion, Cost Revised For East Side Access Project

As part of the East Side Access megaproject, the MTA is building a new concourse for the Long Island Rail Road under Grand Central Terminal. This photo shows progress as of October 2013. (credit: Metropolitan Transportation Authority/Patrick Cashin)

As part of the East Side Access megaproject, the MTA is building a new concourse for the Long Island Rail Road under Grand Central Terminal. This photo shows progress as of October 2013. (credit: Metropolitan Transportation Authority/Patrick Cashin)

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NEW YORK (CBSNewYork/AP) – Completion of the long-awaited project to link the Long Island Rail Road into Grand Central Terminal may now be 2023 and cost $10.7 billion.

The new estimates were presented to the Metropolitan Transportation Authority on Monday.

In 2006, the agency estimated the East Side Access project could be finished by the end of 2013 at a cost of $6.3 billon.

LINK: More On East Side Access From The MTA

The MTA now predicts the project could be finished in 2020 or 2021 for $9.7 billion.

But forecasts by independent consultants suggest completion between 2021 and 2023. The Federal Transit Administration cost estimate is $10.7 billion.

Mark Epstein, chairman of the LIRR Commuter Council, said riders don’t know what to believe.

“You promise, you promise and you don’t come through,” he told 1010 WINS’ Mona Rivera. “The railroad has a situation about ‘watch the gap.’ Well the gap that riders need to watch right now is the MTA’s credibility gap.”

The new East River tunnel will allow LIRR trains access to Grand Central. All LIRR trains now go to Penn Station.

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