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MTA pays Extell $82M for Harlem site to extend Second Avenue subway

  MTA pays Extell $82M for Harlem site to extend Second Avenue subway Extell’s site has unique characteristics, the MTA says. It sits next to the 4,5 and 6 subway lines that run under Lexington. And the MTA plans to construct underground connections between those lines and the East 125th Street station.  As part of the deal, Extell also agreed to allow the MTA to construct ventilation shafts on the next-door parcel it still owns, 167 E. 124th St., which Extell acquired in 2014 for $10 million. The site, which is at Third Avenue and once contained a post office in addition to the PathMark, is slated for a 15-story, 543-unit residential tower, plans show. Last month the city’s Planning Commission green-lighted the residential project, which will someday have a new subway by its front door.