New York voters approved a bond measure for its construction in 1951, and the city was barely able to raise money for the construction effort, but the onset of the Korean War caused soaring prices for construction materials and saw the beginning of massive inflation.
New York voters approved a bond measure for its construction in 1951. The city was barely able to raise money for the construction effort. The onset of the Korean War caused soaring prices for construction materials. The onset of the Korean War saw the beginning of massive inflation.