Again, tunnel #3 in NYC is being delayed, although it remains a "high priority" to the De Blasio administration. This is shortsighted. Right now, people pay a great deal more for their wifi than they do for water. Maybe if the priorities shifted, so would the markets. Apparently, all of the administrations of New York for the past 80 years have been gamblers, and so far so good, but not forever.
The real reason the $336 million was pulled, Mr. de Blasio said, was that “we didn’t think that the estimate was accurate.” Now the $336 million has been replaced — with $357 million.'