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RENBY Reexamining Funding for 7 Line Extension

  NO. 7 LINE EXTENSION  
  MANHATTAN COMMUNITY DISTRICT 01     MANHATTAN COMMUNITY DISTRICT 03  
  MANHATTAN COMMUNITY DISTRICT 05     MANHATTAN COMMUNITY DISTRICT 06  
  MANHATTAN COMMUNITY DISTRICT 08     MANHATTAN COMMUNITY DISTRICT 11  
June 9, 2010
New York Observer

In 2008, plans for a second station on the No. 7 extension, at 41st Street and 10th Avenue, were cut due to funding shortfalls. Now, the Real Estate Board of New York (RENBY) is encouraging the Bloomberg Administration to reconsider a second station at the site. A report commissioned by Steven Spinola, president of RENBY, found that $100 million is needed to move utilities; completing the station could cost more than $800 million, however. RENBY would like to apply for TIGER II (Transportation Investment Generating Economic Recovery) funds to help complete the station.