Even as it continues to sift through the wreckage of Hurricane Sandy – some of it way beyond public view -- New York’s Metropolitan Transportation Authority must move quickly on the first $2 billion worth of repairs under federal reimbursement guidelines.

“It’s a federal requirement that we have to do it within 24 months, no two ways about it,” acting chairman Fernando Ferrer said after Wednesday’s board meeting in midtown Manhattan. “We’ll do everything we can within that short time period, and we’ll do it in a prudent and responsible way.”

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