Hudson Yards Breaks Ground as Manhattan’s Largest Mega-Development

East, Newsletter
Thursday, December 6, 2012
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The towers of Hudson Yards. (Courtesy Related)

The towers of Hudson Yards. (Courtesy Related)

Tuesday morning, New York’s top power brokers gathered in a muddy lot on Manhattan’s west side to mark the official groundbreaking of the 26-acre Hudson Yards mega-development. The dramatic addition to the New York skyline will comprise a completely new neighborhood of glass skyscrapers at the northern terminus of the High Line. The South Tower, the first structure to be built and the future headquarters of fashion-label Coach, will rise on the site’s southeast corner at 30th Street and 10th Avenue, where Related CEO Stephen Ross, Mayor Michael Bloomberg, and others celebrated the first turning of dirt as a large caisson machine bored into the ground.

Continue reading after the jump.

After Megaprojects

East
Friday, November 6, 2009
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Residential and commercial construction alike doubled in New York under Mayor Bloomberg, who rezoned over a fifth of the city to create large parcels for development under the assumption that the economy would continue to boom. Now, stalled megaprojects like Brooklyn’s City Point complex leave depressing holes in neighborhoods, serving as daily reminders of the tenacious recession and leaving the city strapped for the cash it was counting on to fund other projects. What is to be done? Read More

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