41ST STREET AND 10TH AVENUE SUBWAY STATION

The 41st Street and 10th Avenue subway station was planned to support the estimated four fold increase in employment and the 150 percent increase in population in Hudson Yards.

We project that the built and planned projects the will result in an estimated 32,500 workers and 27,500 residents within the vicinity of the station.

In 2000, the area in the vicinity of the station had 5,600 employees and 10,300 residents, a small fraction of the employees and population without the Hudson Yards plan that included a new station at 41st Street and 10th Avenue.

The station is a shovel ready, green transportation infrastructure project that would take three years to complete.

The construction cost for the station is estimated at $800 million–$500 million for the station shell and $300 for the station finishes and fit-out.

Based on recent estimates, the station construction would generate:
6,800 total jobs in New York State—5,700 in the city, 1,200 in the state
$58 million in total city and state (non-property) tax revenue
$441 million in total city and state total wages and salaries
$1.542 billion in total city and state economic activity

The station would support approximately 19.4 million square feet of development—approximately 10 million commercial/mixed use and 9.4 residential.

The station would also serve the Port Authority Bus Terminal, retail, entertainment, and tourist destinations along West 42nd Street and the waterfront, including Javits Center, the Intrepid Air and Space Museum, the Circle Line, the Hudson River Park, and the West Midtown Ferry Terminal.

In January 2005, the New York City Council approved the administrations proposal to rezone Hudson Yards as an extension of Manhattan’s CBD, including an extension of the #7 subway line with stations at 41st Street and 10th Avenue and 34th and 11th Avenue to serve this new high density district.

Construction of the #7 subway line is underway and the city has committed more than $2 billion for this project.  However, the Hudson Yards Development Corporation (HYDC), the entity overseeing the project, indicated that they do not have the funds to complete the extension as envisioned and have deleted the 41st Street station from the plans.

We have been advised that the total cost to construct the station at a later date would be prohibitively expensive, more disruptive to the emerging neighborhood and new subway line and likely never to be built.