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March 27, 2008
TALE OF TWO YARDS: MTA actually selects highest bidder, but done deal isn't done
Like some freak accident, the MTA managed to choose the highest bidder for the Hudson Railyards, but like Atlantic Yards, the project still faces hurdles:
amNY,
Developer picked for Hudson Yards project
By David Freedlander
With an already $2 billion price tag to build platforms over the rail yards, some fear that the West Side development could go the way of other mega-projects, such as the Atlantic Yards in Brooklyn and Moynihan Station, both of which have recently hit snags.
The NY Times, For Railyards, the Hard Part Is Still Ahead
By Charles V. Bagli
In the end, the [Hudson Yards] project could take well over a decade to complete, and its look could change significantly from the current designs by Helmut Jahn and Peter Walker.
In Brooklyn, the developer Bruce Ratner has already acknowledged that his $4 billion Atlantic Yards project will take longer than the 10 years originally envisioned.
NoLandGrab: Phase 2 of Atlantic Yards, with the bulk of the housing, doesn't even officially have a solid timeline.
Posted by lumi at March 27, 2008 4:23 AM