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Old Posted Feb 11, 2011, 7:57 AM
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Quote:
The Related Cos.' Chief Executive Stephen Ross says he expects to lease about a quarter of the 12 million-square-foot Hudson Yards development by the end of the year.

The chief executive of The Related Cos. said Wednesday night that he expects to lease 3.5 million square feet of commercial office space by the end of the year at his 26-acre Hudson Yards development on the West Side of Manhattan.

Speaking at a real estate forum at Columbia University, Mr. Ross said Related is actively negotiating with several large corporations that he hopes will become anchor tenants at the site. He declined to name the companies and their industries.

"I'm very encouraged by the interest we're getting," Mr. Ross said.

So am I. Great news, as things continue to pick up again around the City.
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