The Real Estate Board of New York (RENBY) has come out in support of another stop at West 41st Street and 10th Avenue as part of the Number 7 train line expansion. RENBY Chairwoman and CEO, Mary Ann Tighe, applauded the City for raising $2 billion to expand the line.

Requests for a stop at 41st Street and 10th Avenue are being revived after two years. The Real Estate Board of New York, with help from Senator Charles Schumer (NY-D), is lobbying the Obama administration for funds for the second stop. Despite this, work on the line continues as planned without accounting for the requested stop.

Through changes in uses, the Garment District is taking on a new life as a vibrant arts district. Theater groups and arts organizations are increasingly leasing vacated factories and stores in thearea. While rents remain affordable for small theater companies, rising residential complexes and commercial uses in the surrounding area could eventually make this location unaffordable.

Money from the American Reinvestment and Recovery Act has been secured for the conversion of the James A. Farley Post Office Building into a train station. The $83.3 million will help fund entrances on Eighth Avenue, as well as escalators and elevators that will connect the new station to the existing Amtrak portal.

Senator Charles Schumer (D-NY) announced that $83.3 million dollars in stimulus funds have been awarded to Moynihan Station. These funds will be used for Phase I infrastructure enhancements. Phase I will last through 2015. Phase II will relocate the train station from its current site (adjacent to Madison Square Garden) to the Post Office building on Eighth Avenue.

The Real Estate Board of New York is petitioning the federal government for stimulus funds for the Number 7 subway line extension. The project will create a subway stop at 11th Avenue and W. 34th Street and will open in three years. The Real Estate Board is also asking for an additional stop at W. 41st Street and 10th Avenue.

As a result of the Certification of the Plan issued by the Department of City Planning on January 27th, the Uniform Land Use Review Process has begun for the remaining half-mile of the High Line. The Friends of the High Line community group has expressed their contentment concerning the city's move to acquire the remainder of the park.

In a first step towards acquiring the final portion of the High Line park, the City kicked off its land use review process late last week for a half-mile portion of railroad still owned CSX Transportation. The High Line, an elevated park converted from an old railroad, opened last year.

Goldman Sachs will no longer be partnering with Related Companies on the Hudson Railyard project. In addition, Related has failed to enter an official contract with a developer, slated to build $15 billion worth of commercial and residential properties on top of the railyards. Despite the setbacks, Related remains confident that the project will move forward.

The Related Companies, the developer originally designated to build the 26-acre site on Manhattan's far west side, must put down $40 million by the end of January if it wants to retain the rights to the land. Related was first designated in 2008 but development has been stalled over the past year.