Pssst...Hey Driver... Want to Buy a Bridge?

Hear this right …. HERE!


EXIT OF THE DAY: Exit 47 I-278 s onto I 87 N ; Port Morris, Bronx,
 
“Pssst. Hey Driver! Want to buy a bridge?  No. I'm not joking.
​

At the end of its life, in 2010 you could have bought New York City's Willis Avenue Bridge for $1. No baloney. Plus the city offered free delivery of the bridge anywhere under 15 miles away.  Now, For you Wall Street wannabes, pay attention. ​

​As far as bridges go, the original Willis Avenue Bridge may have been a good deal even when it was new. And we know how New Yorkers love a deal.


The Willis Avenue bridge opened in 1901 at an original construction cost of just over $1,600,000 dollars. The bridge itself lasted another 110 years.

It was replaced entirely in 2010. That means for you Wall Street types that the original bridge amortization cost was $1,600,000 over 110 years for a cost annually of just $14,000 per year. ​

​That’s pretty good when you consider this: The new bridge cost $612,000,000. That’s right. Over half a billion dollars.


Given the first bridge's $14,000 a year amortization rate the new bridge therefore should last over 43,0000 years...

​Yeah right.  Not even a guy from Jersey would buy that baloney.   

​So, still... want to buy a bridge?


#WillisAvenueBridge #TheBronx #Manhattan #Buyabridge #MTA #TappanZeeBridge

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