New York City’s most taxed line is about to get a sizable cash infusion. Of the $210 million that developer SL Green Realty has budgeted for improving Grand Central’s subway station for the green light to construct a 65-story office tower next door, more than 75% will go toward the Lexington Avenue line, Crain’s reports. Yesterday, a 63-page study was delivered to Manhattan’s Community Board 5 and to transportation advocates who have called for Midtown East’s rezoning to include improvements to transportation infrastructure to meet current demand as well as the influx of nearly 16,000 workers as new lines are drawn. So where exactly will the money go?
Highlights from the report include:
- $139 million spend on platforms for the 4, 5, 6 and their connecting spaces.
- $47 million dedicated to improving circulation at the mezzanine level.
- $37 million for a new staircase under the Grand Hyatt Hotel.
- $27 million for existing connecting staircases.
- $14 million to replace the street entrance at Lexington Avenue.
- $7.3 million to reopen a long-closed passageway under East 42nd.
- $5.3 million for a new staircase to connect to the mezzanine below 125 Park Avenue.
The Times Square shuttle the East Side Access project to bring the LIRR to Grand Central will also see a number of upgrades including:
- $16 million to connect 1 Vanderbilt to East Side Access.
- $15 million for shuttle improvements.
- $18 million for a new “intermodal connection” that will go under 1 Vanderbilt.
- $9.8 million on a “waiting room” for the LIRR in 1 Vanderbilt’s atrium.
- $11 million on a public plaza on Vanderbilt Avenue.
Numbers were determined with the MTA and engineering firm Parsons Brinckerhoff with additional consultation provided Tishman Construction and engineering firm Stantec.
Renderings courtesy of the project’s architect, Kohn Pederson Fox
Neighborhoods : Midtown