Quote:
Originally Posted by NYguy
Quote from an article in therealdeal.com
http://ny.therealdeal.com/articles/n...ve-easier-time
Next Hudson Yards developer could have easier time
By Alec Appelbaum
5/14/08
Brookfield Properties, which is building a three-acre site near Hudson Yards that it calls Manhattan West on a deck from Ninth to Dyer avenues and from 31st to 33rd Streets, dropped out before the second round of bidding began. Spokeswoman Melissa Coley said pre-construction work on the deck has begun, with plans to start construction next month and finish by as early as 2013. The project could contain 5.4 million square feet with a mix of uses, she said. |
Meanwhile, it's
Manhattan West vs. Hudson Yards...
Developer Says Condé To Rejoin Rail Yards Bid, But Condé’s Not Talking
by Eliot Brown
May 15, 2008
One of the remaining bidders for the West Side rail yards, a team of the Durst Organizaiton and Vornado Realty Trust, said it is expecting that S.I. Newhouse’s Condé Nast will remain part of its bid as an anchor tenant.
“We expect that Condé would be our partner,” said Durst spokesman Jordan Barowitz.
However, Condé, which began a new search for space after Tishman Speyer was named the winner over the Durst/Vornado team in March, did not make clear its plans, as a company spokeswoman, Maury Perl, declined comment.
In the original Durst/Vornado bid, Condé expected to take about 1.5 million square feet on the rail yards, a move made easier given that its 4 Times Square headquarters is owned by Durst.
But after the bid fell short (Tishman was announced the winner but failed to ever sign an agreement before its deal collapsed in recent days),
Condé began talking to other potential landlords. And, according to a real estate executive, the firm is still in discussions to go to a Ninth Avenue site owned by Brookfield Properties just east of the West Side rail yards.