With the 2nd avenue subway about to (hopefully) open it’s doors this December after only about 100 years in the making,it has already transformed the neighborhood of Yorkville. The first phase will extend the subway up to 96th street. As a result, there are several condo projects in the works including several luxury developments hoping to lure buyers who would not have gone East of Park avenue in the past. Retail is also beginning to follow as this influx is creating demand for additional services according to NYPost.
The new 2nd avenue subway will decrease congestion on the Lexington avenue line according to the story by a little more than 10%.