Trainspotter 0 Posted October 25, 2007 Share #1 Posted October 25, 2007 $1.14B contract approved for extension of No. 7 subway line The MTA board Wednesday approved a $1.14 billion contract for the extension of the No. 7 subway line from Times Square to the far West Side. The tunneling contract is the first of two major contracts for the extension that would feature one new station at 34th St. and 11th Ave. The city has committed to paying $2.1 billion for the project that's central to Mayor Bloomberg's vision to redevelop the area and create a new commercial and residential neighborhood. The unresolved issue of who would pay for costs above the city's commitment will be taken up later by the city and the Metropolitan Transportation Authority, CEO Elliot Sander said. The extension is scheduled to be completed in 2013. From: NY Daily News - October 25, 2007 Link to comment Share on other sites More sharing options...
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