No. 7 subway extension is shovel-ready, real estate leaders say
February 10, 2010 08:40AM
The proposed No. 7 subway extension
The city's real estate industry is lobbying for federal stimulus money for the cash-strapped No. 7 subway extension, calling it a shovel-ready project that will improve the quality of life for future residents of Hudson Yards. The planned extension is currently slated to create just one new subway station at West 34th Street and 11th Avenue by 2013, allowing the train to zip by another proposed stop at West 41st Street and 10th Avenue, the Post's Lois Weiss reported. It would cost an estimated $500 million to create the 41st Street stop -- right above a planned Related Companies apartment tower -- and another $300 million to make sure the station is up to snuff in terms of safety. Since funding isn't available, the feds "could bid it right out" as a stimulus project, said Mary Anne Tighe, chair of the Real Estate Board of New York. Ann Weisbrod, president of the Hudson Yards Development Corp., said that if the Metropolitan Transportation Authority delays construction of a 41st Street station until after Related builds its tower, it will ultimately cost significantly more. [Post]
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Comments
Anonymous
The federal government should not give them a penny. The federal government is broke.
Comment #1 Posted By: Anonymous 02/10/10
Anonymous
I say print more money and run that line down to Chelsea
Comment #2 Posted By: Anonymous 02/10/10
Anonymous
Lets print more money from all of the takeout menu's that are thrown away and we can build a speed train that this time connects to all the airports. Screw the cabbies.
Comment #3 Posted By: Anonymous 02/10/10
Anonymous
Extend the line further into Queens so we don't have to transfer to a bus to get all the way home
Comment #4 Posted By: Anonymous 02/10/10
Anonymous
not building the additional stop is the stupidest thing they can possible do. I dont live on the far west side, but theres an unbelivable amount of development there and the closest subway line to them is 4-5 avenues away
Comment #5 Posted By: Anonymous 02/10/10
Anonymous
calling chuck schumer!
Comment #6 Posted By: Anonymous 02/10/10
Anonymous
extend the 7 line further west to Malibu so we can go to the beach on the Pacific Ocean
Comment #7 Posted By: Anonymous 02/10/10