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Coney Island boardwalk redevelopment exceeds $1.2B total cost by project end

Resolves: Final project expenditure report from the New York City Department of Parks & Recreation or the project's official oversight body showing total spending exceeding $1.2 billion by December 31, 2029.

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user-generated· macro

Coney Island boardwalk redevelopment exceeds $1.2B total cost by proj…

Market overview

Public infrastructure projects frequently exceed initial budget estimates due to unexpected costs such as material price inflation, labor shortages, and design changes. A final cost exceeding $1.2B would reflect typical overrun patterns for a $1B+ project.

macro prediction market

Implied probability (Yes)
75%
Closes
2029-12-31

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Resolution criteria

Final project expenditure report from the New York City Department of Parks & Recreation or the project's official oversight body showing total spending exceeding $1.2 billion by December 31, 2029.

Source: user-generated

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