As the 7 line extension’s tunnel boring machines continue their treks toward the existing sections of the route, the elimination of a stop at 41st St. and 10th Ave., killed for lack of funds, has become a sore point for the project, and now, real estate developers are calling upon the city and MTA to act sensibly. As Lori Weiss noted in The Post, Mary Anne Tighe, the head of the Real Estate Board of New York, believes the long-discarded stop should be built. She wants the MTA and city to anoint it a shovel-ready project so that it would be eligible for stimulus funds. However, others say there just isn’t money — some estimates put the price tag at $500-$800 million — available for it.
I’ve long wondered why the real estate lobby hasn’t been more vocal on this issue. New developments line 42nd St. far west of any current subway route, and Related is planning on constructing a building at 41st St. and 10th Aves., right above the new 7 line tunnel. It’s still not too late for the city and MTA to set this project on a better path, but time is short. Construction of a station there after the fact will be even more costly than it will be today, and as I’ve said in the past, this station would greatly improve the utility of this expensive subway extension.