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Mayor Tours Giant Hole; Stuy Towners Getting Refunds; More!

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FAR WEST SIDE?The Hudson Yards community it's meant to serve may be nowhere in sight, but the 7 Train extension chugs onward! Today Mayor Bloomberg and MTA Chairman Jay Walder toured the cavern being dug out for the new 34th Street station. The mayor's office sent out pictures, and if you think we're going to pass up the chance to run photos of Mayor Bloomberg in rubber boots, you're sorely mistaken! [CurbedWire Inbox]

STUY TOWN?According to a statement from the current owners of Stuyvesant Town/Peter Cooper Village (whoever the hell that is nowadays) and a bunch of attorneys, the interim agreement keeping rents at stabilized levels calculated by Tishman Speyer has been extended until June, by which point a more thorough apartment-by-apartment review will have been conducted. Also, overcharges paid on Nov. and Dec. 2009 rents by formerly market-rate tenants will be reimbursed, either by a reduction in March 2010 rent or by check (for tenants who have since moved). Tishman Speyer was required to deposit the difference between market-rate rents and the stabilized rates for each of the 4,400 affected apartments into an escrow account while it appealed the J-51 decision. Distribution of that cash has been a post-lawsuit hot topic. [CurbedWire Inbox]

FIDI?Steel installation for One World Trade Center has reached 200 feet above street level, the Port Authority announced. That's equivalent to the 20th floor. The PA has a new Flickr set of photos if you forgot what a big pile of steel looks like. [CurbedWire Inbox]