How much did the new tunnel in NYC cost?

It was made possible by the $1 trillion infrastructure bill approved by Congress and signed by President Joe Biden in 2021, Schumer said. The cost of the new tunnel under the Hudson River has climbed to $16.1 billion, an estimate that is 14% higher than a 2021 projection.



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The tunnel itself was completed in 2008, and after the construction of seven riser shafts was completed, this section of the tunnel opened in 2013. Two additional riser shafts, each over 700 feet (210 m) deep, are under construction in Brooklyn and Queens as of 2022.

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No one project embodies that cynicism quite like what Bostonians call 'The Big Dig. ' Infamous for its ever-increasing price tag, this massive highway tunneling effort was once ridiculed as the Big Mess, the Big Hole, the Big Pig, the Big Lie. But now, decades later the story looks more complicated.

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Also known as the Cobble Hill tunnel, the half-mile Atlantic Avenue tunnel is not only the oldest subway tunnel in NYC but also the world. Running beneath Brooklyn's Atlantic Avenue, it was first built in 1844 and was sealed off in 1861.

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