Articles on 7 Train Extension

Light at the End of the Tunnel For Upper East Siders: Second Avenue Subway Slated For Completion In 2016

Just last week, we discussed the impact of the expanded 7 train -- which will have a new terminus in West Chelsea come 2013 -- on real estate in West Chelsea and Clinton. It's really not hard to figure all that out -- condos in Chelsea would become significantly more valuable were they suddenly to be a short walk from a subway that connects them to the rest of Manhattan. The same would be true for condo listings in Clinton, Upper East Side Subway Constructionwhich is why NYC real estate developers are lobbying so hard for an additional 7 train stop at 41st Street and 10th Avenue. While we at New Construction Manhattan love us some Chelsea condos and Midtown West apartments, it's probably fair to say that the planned 7 train expansion is small potatoes compared to the opening of the long-awaited Second Avenue Subway line. While it hasn't hurt the market for or value of Upper East Side condos, one of the downsides to life on the UES is that the entire Upper East Side is served by just one subway line, which can make for some unappealing rush hours.