Day: February 5, 2005

The Milton Friedman Memorial Bridge, Sponsored by Exxon

The roads are for sale. So are the bridges, and, for the right price, the ground underneath us. New York Gov. George Pataki is seriously proposing selling or leasing the Tappan Zee Bridge and the New York State Thruway for a one-time infusion of cash into the state budget. The buyers, of course, would be able to charge tolls for the life of the lease, or longer. The Metropolitan Transportation Authority, whose Chairman, Peter S. Kalikow, held a press conference not too long ago to decry the state’s and city’s refusal to raise taxes or issue bonds to not only pay for basic maintenance (Welcome back, C train!) but to fund the expansion projects that are desperately needed (2nd Avenue subway, East side LIRR access, etc.), is also exploring the yard sale option. The 2nd Avenue subway, which has been no more than a hole in the ground for the […]