ETA: If you're curious NYC has a dashboard of capital projects >$25 million here: https://www1.nyc.gov/site/capitalprojects/dashboard/dashboar.... I think the complaint that we don't build anything in this country anymore is sometimes overstated.
ESA was started in 2006 and planned to be finished in 2009 at the cost of $4.3B. It is now projected to be finished in 2023, at a cost of $12B.
Phase 2 of SAS costs $6B despite the fact that most of the tunnel actually already exists, and won't open until possibly 2029.
It's not even really about saving money to save money, but the high costs of these projects suck money away from other projects and needs. It's basically unfathomable at these prices for NYC to do something like Paris and build out 200 km (124 mi) of metro in the next decade.
Basically, instead of ESA and (ultimately cancelled) Gateway projects, calling for new tunnels connecting to giant carvern terminuses in the city, u connect these projects into one long tunnel without terminuses.
A terminus requires a lot of platforms and tracks because trains need to get completely emptied and turned around. If you stop at multiple stops and terminate at the other end of the city, you can do that a that a place where's plenty of space (or multiple different points). You also spread the passenger loads across multiple stations, meaning less passenger flow per station, less dwell time for trains (=higher frequency), and people will be closer to where they need to go (i.e. you can connect to all subway lines in Manhattan).
Not only is that far more recent than 50 years ago, it's also in the Bay Area.
"and the tunnel idea received support from a large majority of the Danish parliament in January 2011. By 2012, therefore, the completion date had been pushed back to 2021, and in 2014 was estimated to be 2024, and then in 2015 delayed further to 2028. In 2020 it was delayed to 2029."
Actual construction began in the 70s, and was subsequently suspended for another 20 years because of the city's poor finances. So that gets us closer to a merely ludicrous 30-50 year construction timescale instead of an egregious 100 year one.
[1]: https://en.wikipedia.org/wiki/New_York_City_Water_Tunnel_No....
https://en.wikipedia.org/wiki/Leonard_P._Zakim_Bunker_Hill_M...