Posted Sep 19, 2012, 12:13 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,900
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http://therealdeal.com/blog/2012/09/...n-yards-video/
Ross thanks God he lives in NYC, says low prices are bringing tenants to Hudson Yards: VIDEO
Adam Fusfeld
September 12, 2012
Quote:
Related Companies Chairman Stephen Ross thanked God that he decided to move to New York, a city whose prospects he was very high on, in an appearance today on Bloomberg Television’s “Market Makers.” The developer also discussed his firm’s Hudson Yards development at length (see video above).
Ross confirmed that Related will break ground on the first tower at Hudson Yards this fall and that the firm is in the middle of negotiations with several high-profile possible tenants for the 4 million square feet of office space planned for the first phase of the project. He acknowledged that he’s hoping to lure tenants with discounts, and is asking $70 per foot in rent or is willing to sell space to tenants “at cost.”
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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