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Article: Subway Extension, Park, Towers for New York's West Side to Cost $3.7 Billion.

Article from:
Knight Ridder/Tribune Business News
Article date:
February 12, 2004
Copyright

By David Saltonstall, Daily News, New York Knight Ridder/Tribune Business News

Feb. 12--Officials unveiled a massive $3.7 billion borrowing plan to overhaul the far West Side of Manhattan yesterday -- a project City Hall likened to the Erie Canal and other epic projects of yesteryear.

Even by New York standards, the plan is big: More than a dozen office towers, some 40 stories or more, would rise in the area bounded by 31st and 41st Sts. and 10th and 11th Aves.

At the southern end of that stretch, a 6-acre park would sprout atop a $350 million platform built over MTA rail yards on the eastern side of 11th Ave.

The No. 7 train ...

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