After lawsuits were filled, a settlement was reached to liquidate the unfinished Turboliner project. In the aftermath of the September 11, 2001, terrorist attacks, New York Governor George Pataki attempted to secure, among other things, a high-speed rail link to Schenectady using federal emergency aid money. From 2004 until 2012, the unused Turboliners sat in storage at a cost of $150,000 per year to the taxpayers until a decision by Governor Andrew Cuomo to liquidate the remaining fleet for scrap metal.
Suits were filed and a settlement was reached to liquidate the unfinished Turboliner project. After the September 11, 2001, terrorist attacks, New York Governor George Pataki tried to secure a high-speed rail link to Schenectady using federal emergency aid money. From 2004 until 2012, the unused Turboliners were stored at a cost of $150,000 per year to taxpayers until Governor Andrew Cuomo decided to liquidate the remaining fleet for scrap metal.