Hudson Yards Megaproject Ready to Break Ground

Janice Carpi is National Underwriting Counsel at GRS Group
jcarpi@grs-global.com

Earlier this year, May 8th, to be exact, I blogged about the increased construction in Manhattan, and especially the new development in the Hudson Yards area.  You can find that blog among the older posts here.  This week, the Wall Street Journal had a page 4A article on the Hudson Yards, where construction is set to start next month on a new 1.7-million-square-foot tower.  The developer, Related Cos. and its Chairman Stephen Ross, is calling the Hudson Yards project “…the Rockefeller Center–the heart of the city–for the 21st century.”   The article discusses some of the challenges that Related faces in construction of the area, and can be found here:

http://alturl.com/bq5w3

Leave a Reply

You must be logged in to post a comment.