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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.