Hudson Rail Yards

MTA Finalizes Hudson Yards Deal

Earlier this afternoon, the MTA announced it had finalized a deal on the Hudson Yards. Here are the details courtesy of a press release they sent me: The Metropolitan Transportation Authority announced today that it has entered into a contract with a joint venture of Related Companies and new partner Oxford Properties Group for the […]

MTA Extends Hudson Rail Yards Deal

This past November, I blogged about how the $1 billion dollar Hudson Rail Yards deal between the MTA & Related Companies/Goldman Sachs faced a delay. Now a few short months later the delay has become official as both sides agreed to hold off the closing for up to one year (01/31/10). The MTA issued a […]

Hudson Rail Yards Deal Faces A Delay

You know the old saying, “when it rains it pours”. The saying definitely applies to MTA CFO Gary Dellaverson who has made press but for the wrong reasons. The initial story from the New York Times focused on the risky investments into C.D.O. bonds (Collateralized Debt Obligations) by many agencies including the MTA. Now the […]

The Related Companies Finds Their Guy

The Related Companies, the company that won the right to develop the MTA’s Hudson Rail Yards, has announced the hiring of Jay Cross to run their development project. WIlliam Neuman of the New York Times City Room Blog filed this report: You would think that anyone interested in developing the Hudson Yards on the West […]

Since I’ve Been Gone……

I know the title of the Kelly Clarkson mega smash hit is “Since You’ve Been Gone” but I am giving it my own title for this post! Since I did reference her & the one of many smash hits she has had, I am going to listen to that song as I write this entry. […]