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