For the last few years, there’s been an ongoing “will they or won’t they” watch concerning future phases of the Second Ave. Subway. With Phase 1 funded and set to open at the end of 2016, the MTA could have been preparing to get started on Phase 2 — the northern extension to 125th St. — but with finances shaky and labor contracts outstanding, the agency had kept its plans close to the vest. Well, the future for the Second Ave. Subway is no longer a secret as MTA CEO and Chairman Tom Prendergast stated today that substantial funding for Phase 2 will be included in the 2015-2019 five-year capital plan.
While fielding questions during an Assembly hearing, Prendergast announced that the MTA will ask for $1.5 billion for Phase 2 construction. This total is approximately one-third the estimated cost, and the expectation is that the feds will kick in additional money with the rest to be determined. Phase 2 is a key part of this project as it connects the northern extension of the Q train to the Lexington Ave. line and Metro-North station at 125th St. and can help alleviate a lot of the pressure on the 4, 5 and 6 trains. I’ll have more on this later, but this is a welcome development and very, very good news.