The Hoboken Tax Reform Coalition
Port Authority ripped by auditor's report for wasting billions of dollars
Port Authority ripped by auditor's report for wasting billions of dollars
7:04 PM, Feb. 7, 2012
Consultants found that World Trade Center redevelopment costs grew from an estimated $11 billion in 2008 to a current estimate of about $14.8 billion. After reimbursements from third parties, the estimated net cost to the Port Authority grew from $6 billion to approximately $7.7 billion.
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