The Hudson Yards project is quickly turning into a giant bust. While city officials are still optimistic that something will happen there, Deputy Mayor Robert Lieber said earlier this week that it will take decades to complete it. Meanwhile, Lieber also stressed the importance of the city-funded 7 line extension to the success of the project.
“We knew, and part of the plan all along was that you weren’t going to have companies relocating their headquarters, offices, or their employees to a place that people couldn’t get to,” Lieber said at an economic development forum on Tuesday. “So key to that is being able to deliver the mass transit to be able to accommodate the commuters.”
With this admission of an ambiguous start or end date for the project, I still this is as nothing more than a subway to nowhere. The MTA claims the project will be completed by 2013, and there’s a good chance nothing will be at the Hudson Yards site by then. Meanwhile, the state and transit agency are still embroiled in a dispute over the cost overruns that have, for now, shelved the proposed station at 41st St. and 10th Ave. Right now, the city then is paying over $2 billion for a train that doesn’t go anywhere and may not even serve a real development for decades. That’s just a terrible allocation of money and resources.