Hudson Yards Plan Derailed
May 13th, 2008
Mayor Michael Bloomberg’s efforts to salvage the latest version of the Hudson Yards development planfor the West Side of Manhattan have failed. TheMetropolitan Transportation Authority officials and developer Tishman Speyer have been unable to work out their differences, and today, the MTA released a brief statement:
“The MTA met today with Tishman Speyer. Despite the best efforts of both sides, a final agreement could not be reached. The MTA has now re-entered discussions with other interested developers and remains committed to timely development of these unique and valuable parcels of land on Manhattan’s Far West Side.”
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