The Metropolitan Transportation Authority says some of its more expensive projects are making steady progress.
During a speech at St. Francis College Tuesday night, MTA Capital Construction Co. President Michael Horodniceanu discussed the agency's ongoing Megaprojects, including the Fulton Center in Lower Manhattan.
The $1.4 billion transit hub is expected to open in June.
The 7 train extension to Manhattan's West Side is set to finish up in October, and the MTA says the project will be a boon to Midtown's economy.
"Twenty-five million square feet of new office development, 20,000 residential units, two million square feet of new retail and three million square feet of new hotels. So, that would have not been possible without the extension of the number 7," Horodniceanu said.
The Second Avenue subway line, which will cost nearly $4.5 billion to complete, is scheduled to open with three stations in December 2016.
But Long Island Rail Road commuters will have to wait nearly 10 more years to stop at Grand Central.
The $11 billion East Side Access project is not expected to be ready until 2023.