Phase II of the Metropolitan Transportation Authority’s Second Avenue Subway plan appears to have been taken off the back burner. How will that affect developers who have bought in the neighborhood recently? The Durst Organization and Extell Development have collectively spent hundreds of millions on large development sites near the proposed last stop of the extended Q line, and the MTA has been meeting with representatives of both firms to discuss “various scenarios” involving the […]
source https://therealdeal.com/2019/04/02/second-ave-subways-next-phase-could-impact-durst-extell-dev-sites/
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