Last month, the MTA said the repairs would take at least a year.
But on Thursday, the agency said it estimates that fully restoring the station would take much longer and cost $600 million.
That includes $350 million for physical repairs; $200 million for signal replacement; $30 million for third-rail equipment and $20 million for line equipment.
The South Ferry subway station, at Manhattan's southern tip, was inundated with water up to its ceiling during the storm.
The No. 1 train station underwent a $545 million renovation and expansion in 2009.
The station is a major conduit to the Staten Island and Liberty Island ferries.
Sunday, May 19 2013 10:57 PM EDT2013-05-20 02:57:40 GMT
The federal judge presiding over civil rights challenges to the stop-and-frisk practices of the New York Police Department has no doubt where she stands with the government.
The federal judge presiding over civil rights challenges to the stop-and-frisk practices of the New York Police Department has no doubt where she stands with the government.
Friday, May 17 2013 5:54 PM EDT2013-05-17 21:54:45 GMT
The big game will be played in New Jersey but the big party will be in New York City. Organizers call it "Super Bowl Boulevard."
The big game will be played in New Jersey but the big party will be in New York City. Organizers call it "Super Bowl Boulevard": it will stretch from 44th Street on Broadway all the way to 34th Street.
Friday, May 17 2013 8:21 AM EDT2013-05-17 12:21:42 GMT
A new photo exhibit at an art gallery in Chelsea is drawing the ire of residents who are the artist's subjects, unknowingly.
A new photo exhibit at an art gallery in Chelsea is drawing the ire of residents who are the artist's subjects, unknowingly. The artist, Arne Svenson, is reportedly taking the photos through their TriBeCa building windows. In some photos, the residents are bending over, sleeping and cleaning.
Thursday, May 16 2013 6:06 PM EDT2013-05-16 22:06:34 GMT
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
A smuggling ring that made a fortune selling more than a million cartons of untaxed cigarettes in New York may have funneled some of the illicit proceeds to terrorist groups, authorities said.
Thursday, May 16 2013 1:36 PM EDT2013-05-16 17:36:00 GMT
A water taxi struck a dock at Pier A and Battery Park Place in Manhattan on Thursday, according to FDNY officials. Two people suffered minor injuries. They refused medical attention.
A water taxi struck a dock at Pier A and Battery Park Place in Manhattan on Thursday, according to FDNY officials. Two people suffered minor injuries. They refused medical attention.
Thursday, May 16 2013 1:17 PM EDT2013-05-16 17:17:42 GMT
Several New York lawmakers are sounding the alarm about security and safety lapses at day care centers across New York City.
Several New York lawmakers are sounding the alarm about security and safety lapses at day care centers across New York City. In a report released Thursday, dozens of daycares cited by the Dept. of Health for serious and critical health code violations since 2010, have not fixed the problems and continue to operate without penalty.
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South Street subway station flooded during superstorm Sandy.
