Bubble Wrap

Number 7 line going west

In $2.1B for 7 to West Side the NY Daily News reports that the MTA and city hall have agreed to extend the 7 line to Javits, contingent upon financing.

Meanwhile, Mark Page, a Bloomberg representative on the board, conceded that the agreement allows the city to pull the plug if the financing, which will involve selling bonds, falls apart. But such failure was unlikely, he said.

“The city is extremely committed to making the West Side redevelopment happen,” he said. “Technically, if the money side of this collapses, so does this deal, but I have no expectation of that happening.”