City Capital Commitment Plan line ED0831 — Trust For Governors Island.
Budget
$454M
Spent to date
$72.6M
Remaining
$381M
Budget used
16%
4 phases
| # | Phase | Timeline | Status |
|---|
| Budget / spent |
|---|
| 1 | Design | Jan 1, 2023 – Jun 30, 2024 | Complete | $68.1M / $68.1M100% |
| 2 | Procurement | Jan 1, 2024 – Jun 30, 2025 | In progress | $4.5M / $45.4M10% |
| 3 | Construction | Jan 1, 2025 – Jun 30, 2026 | Pending | $0 / $295M0% |
| 4 | Closeout | Jan 1, 2026 – Jun 30, 2027 | Pending | $0 / $45.4M0% |
2 inspection deficiencies bundled · $5.3M backlog
| Severity | Deficiency | System | Status | Est. cost |
|---|---|---|---|---|
| Critical | Sitework repair required — building inspection Hunts Point Cooperative Meat Market | Sitework | In Capital Project | $2,991,495 |
| Critical | Electrical repair required — building inspection Teleport Office Campus | Services | In Capital Project | $2,314,901 |
How the project's programmed budget is distributed across phases.
The primary asset plus every asset carrying a bundled deficiency.