NYC's brand new subway is the most expensive in the world — that's a problem

Today, New York City is celebrating the opening of the first phase of the Second Avenue subway, a project that’s been anticipated for nearly a century, and that’s sorely needed to relieve overcrowding on the Lexington Avenue lines and to extend access to some very densely populated neighborhoods. But exciting as the opening is, phase one is also a very modest-sized project encompassing just three stations. The plan is, eventually, to extend it up into East Harlem, and potentially then either go further south or...

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