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In the New York area alone, I can think of the following huge projects off the top of my head : WTC development, Atlantic Yards, Fulton Street Transit center, West Side Yards development, LIRR East side access to GCT, Second Avenue Subway, Queens waterfront redevelopment, 7 line West side side extension, Meadowlands Xanadu.
This does not even include projects that were started then canceled, like the new train tunnel form NJ to NYC.
Ever single one has been well delayed from its original date, and all have seen major cost overruns and/or major scope reductions.
Part of this is due to how difficult and expensive things are to build in NYC and the economic downturn has certainly played a role, but similar problems are common across the United States.
I guessed it would take a minor hit on the news and it would be a good day to grab some and assumed the market knows in the long run this isn’t a bad thing and prices would be back up shortly. I’m learning!!
In the New York area alone, I can think of the following huge projects off the top of my head : WTC development, Atlantic Yards, Fulton Street Transit center, West Side Yards development, LIRR East side access to GCT, Second Avenue Subway, Queens waterfront redevelopment, 7 line West side side extension, Meadowlands Xanadu.
This does not even include projects that were started then canceled, like the new train tunnel form NJ to NYC.
Ever single one has been well delayed from its original date, and all have seen major cost overruns and/or major scope reductions.
Part of this is due to how difficult and expensive things are to build in NYC and the economic downturn has certainly played a role, but similar problems are common across the United States.
I guessed it would take a minor hit on the news and it would be a good day to grab some and assumed the market knows in the long run this isn’t a bad thing and prices would be back up shortly. I’m learning!!
GE is currently unchanged. Maybe you lefty liberals think that an effective use of the tax code to pay no taxes is BAD, but the stock market does not.
Get with the program.
“or snap, crackle, plop”
ROFL!
Kens…I know there are expensive versions of Serrano Ham but even at some of the best places in nYC it has always been around $28-30 a pound.
Prosciutto de Parma or Prosciutto de danielle, arguably BETTER than Serano is $19-$25 a pound.
Dave, how’s GE’s stock doing today? Quite the article in The Times this am.
I prefer soggy cereal, ESPECIALLY Cap’n Crunch.
I even prefer soggy salad, which people find strange. I guess my mouth is very sensitive. Except for what comes out of it.
“Crunchy. I can’t eat soggy cereal. There’s a reason they don’t call it Cap’n Soggy.”
or snap, crackle, plop
Yeah, the Truman Capote place – I like the carpet in the bedroom (5th pic). It’s nice (though I know people aren’t supposed to like carpet)