MTA Looks to Take Over East Harlem Properties for Second Avenue Subway Project
Herrick partner and chair of the Land Use and Zoning Department, Mitchell A. Korbey, was quoted in the Commercial Observer discussing the Metropolitan Transportation Authority's (MTA) plan to use eminent domain for phase two of their Second Avenue Subway project, which will extend the Q line from East 96th Street to East 125th Street.
The article noted that the MTA submitted a petition in New York State Supreme Court to begin eminent domain proceedings for the entrances to a new East 116th Street subway station. "The MTA is doing what it needs to do using its eminent domain powers, as it has all along for the Second Avenue Subway," Mitch explained. "It’s a clear public benefit, and it’s the appropriate use of the eminent domain power."
The article highlighted that the Second Avenue Subway Project also involves building residential housing at Lexington Avenue and East 125th Street. "I think this is a wonderful example of transit-oriented development," Mitch said. "It’s a great example of the MTA as a state authority working with the city and coming together and doing something that will result in housing opportunities for New Yorkers."
Read the fill article in the Commercial Observer here. Access may require a subscription.