Environment and Energy, Features, Finance, Law and Politics, Municipal Government, New York

Hudson Yards is Open for Business

March 27, 2019

By Neal Tepel

New York, NY – Hudson Yards is Open for Business. The opening of Hudson Yards, built atop the MTA’s John D. Caemmerer West Side Storage Yard, brings together the West Side and the neighboring districts of Chelsea and Hell’s Kitchen. Tenants have begun moving into 55 Hudson Yards and 30 Hudson Yards, and the one-million-square-foot retail center is packed with shoppers.

Mayor Bill de Blasio said, “In New York City, we make the impossible reality – including building new neighborhoods over old railyards. Hudson Yards is bringing thousands of jobs, new green space, and expanded transportation to the West Side. The project is an example of the ingenuity that helps make New York the greatest city in the world.”

With the opening of Hudson Yards, a new chapter begins for the Far West Side of Manhattan. The creation of this new, mixed use neighborhood, including public parks, cultural institutions, affordable housing, and thousands of jobs. The opening of Hudson Yards exemlifies New York City’s dynamic role as the business and cultural capital of the world.

Stephen Ross, chairman of Related Companies said, “Building Hudson Yards is the most humbling experience of my lifetime. It’s a rare opportunity to be able to create a neighborhood of this size and impact, let alone in New York City. Hudson Yards’ economic impact is already profound and its place on the New York skyline is meaningful. Bringing this vision to life took incredible forethought and commitment from the public sector, and a world-class team and set of partners in the private sector, many of whom signed on to bring their businesses to our budding community when it was still just an open railyard.”

March 27, 2019

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