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Old Posted Nov 6, 2007, 11:16 PM
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Location: Borough of Jersey
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Quote:
Originally Posted by NYguy View Post
http://www.therealdeal.net/issues/No...1194216929.php

City makes way for Hudson Yards
Buildings on far West Side seized for massive redevelopment




Tenants at 545 West 34th were told to leave.

The city officially seized Bleviss' building, Infinity Court, a live/work construction owned by
the Moinian Group, in August, and tenants moved out last month. The building was one of 11
taken by right of eminent domain in order to make room for the creation of the Hudson Park
and Boulevard, which will eventually traverse the middle of the block from 33rd Street all the
way to 39th Street.

The Park and Boulevard project will be constructed in two phases, and the seizures that
occurred in August represent only the first group. The city has until October of 2015 to take
the properties -- sited from 37th through 39th streets -- to complete the second phase of
the project.

Planning for the future subway station to be built at 34th Street and 11th Avenue called for
the relocation of business, but the city was able to negotiate with all of the owners of those
buildings -- including a catering facility; the FedEx warehouse on the south side of 34th
Street, which will relocate to the Bronx; and the Copacabana, the site of which was bought
by Extell -- and thus no condemnation needed to take place.

The building at 545, shown here, borders the site, and will be part of the park
that will border the Girasole, and front Sherwood's tower along the new Avenue...




Things are moving along nicely now...
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