So not only did it take a lot longer to get the new booth up and running, it also took a lot more cash.
And you helped pay for it.
Read more about the 19 million dollar booth here.
Officials Refute Report That New TKTS Booth Is Way Over Budget
By: NY1 News
The New York Post reports that the new and improved TKTS outlet that’s set to open this month in Times Square is reportedly is way over budget — but officials with the project say the Post’s numbers are incorrect.
The Post says the booth, which sells discount same-day theater tickets, is $11 million in the red, forcing taxpayers to pick up the tab.
However officials with the Times Square Alliance released a statement Sunday refuting the report.
“The project to rebuild Father Duffy Square, which includes a new TKTS booth surrounded by a glowing red glass staircase along with a 100% expansion of the plaza, was originally budgeted at $12.5 million at its groundbreaking on May 1, 2006,” the statement said. “Of the $12.5 million, $9.5 million was allocated by the city. In 2007, the city allocated $1.5 million of the total cost overrun of $6 million — not $11 million as reported in the N.Y. Post. All other costs overruns have been absorbed by the Times Square Alliance and its partners.”
The new building will have an all-glass exterior with an amphitheater-style roof.
You can’t always believe everything you read apparently.
A response from the Times Square Alliance:
In response to your piece about Father Duffy Square, here is an explanation of both the financial and timing issues:
The project to rebuild Father Duffy Square, which includes a new TKTS booth surrounded by a glowing red glass staircase along with a 100% expansion of the Plaza was originally budgeted at $12.5 million at it’s groundbreaking on May 1, 2006. Of the $12.5 million, $9.5 million was allocated by the City. In 2007, the City allocated 1.5 million of the total cost overrun of $6 million (not $11 million as reported in the NY Post). All other costs overruns have been absorbed by the Times Square Alliance and its partners.
As to why there’s been a delay, there are basically two reasons.
First, the lead contractor responsible for building the innovative glass structure and steps went bankrupt. Many things were wrapped into that – developing construction drawings and procedures based on the architect’s designs, overseeing glass manufacturing, and then devising and implementing the complex task of assembling the pieces on site. This caused delays because very few companies have the particular expertise to build this kind of structure. We had to work to hire some of the bankrupt company’s key employees, work out legal issues and then re establish or create new relationships with their subs (like the Austrian company who made the glass and the Brooklyn company now assembling the glass on site).
Secondly, this is a unique structure with a never-before-seen design. There were a lot of design, fabrication and assembling issues that had to be worked out as the engineers, architects and construction teams proceeded. The essence of the innovation is that while there are some metal elements, the “skeleton” as well as the skin is almost all glass. The closest thing to it is the Apple store “cube” on Fifth Ave, but imagine that much bigger and designed to have 500 people on top of it! It’s fundamentally glass supporting glass, and some of the glass panels were so thick and large that they literally had never been made before. And tere was a learning curve as these giant pieces of glass which had to have the strength of an I-beam were sandwiched together. Ultimately, though, these technicalities were mastered to create a solid, safe one-of-a-kind structure.
It looks like the booth will finally open on October 16.
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