http://secondavenuesagas.com/2010/02/01/at-hudson-yards-a-two-month-extension-for-related/ A New York City Subway Blog Mon, 13 Feb 2012 13:37:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://secondavenuesagas.com/2010/02/01/at-hudson-yards-a-two-month-extension-for-related/#comment-79304 MTA drops Goldman Sachs :: Second Ave. Sagas Thu, 20 May 2010 16:01:22 +0000 http://secondavenuesagas.com/?p=4972#comment-79304 [...] for Goldman when its contract lapsed last year without a renewal. In February, the finance company dropped out of the Hudson Yards project as well. Said Gene Russianoff of this uncoupling, “The only entity in America that is less [...] [...] for Goldman when its contract lapsed last year without a renewal. In February, the finance company dropped out of the Hudson Yards project as well. Said Gene Russianoff of this uncoupling, “The only entity in America that is less [...]

]]> http://secondavenuesagas.com/2010/02/01/at-hudson-yards-a-two-month-extension-for-related/#comment-71192 pete Mon, 01 Feb 2010 22:24:22 +0000 http://secondavenuesagas.com/?p=4972#comment-71192 Without public transit (cross town buses are useless), the area is and will be a low density low rent area, like a bit of the suburbs transplanted into Manhattan. After the RE bubble of the 2000s, I don't see Hudson Yards getting any office or residential space built for atleast a decade. There is plenty of good luxury residential and vacant Class A space in Manhattan that needs to be absorbed first. Without public transit (cross town buses are useless), the area is and will be a low density low rent area, like a bit of the suburbs transplanted into Manhattan. After the RE bubble of the 2000s, I don’t see Hudson Yards getting any office or residential space built for atleast a decade. There is plenty of good luxury residential and vacant Class A space in Manhattan that needs to be absorbed first.

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