Fred Dascoli News Today

The city failed to report $224 million worth of ferry expenses, leading to a major miscalculation in subsidies per trip, according to a new report from the city comptroller’s office.

The city’s comptroller, which conducted the audit, said that the semi-independent city agency that runs the ferry network had made decisions resulting in millions of dollars in unnecessary expenses.

A Times reporter breaks down how the long-stalled Hudson River train tunnel project could help the city, and why it might now actually happen.