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MTA officials are reportedly in negotiations with Tishman Speyer Properties this weekend in preparation to award the real estate firm the winning bid on the 26 acre Hudson Yards property. An official announcement is expected at the MTA's board meeting next Wednesday, which will initiate four months of more detailed negotiations about the sale. The winning bidder will acquire the rights to develop commercial and residential properties at the site. A platform will also need to be built above the rail yards first, which could cost $1.5 billion above and beyond the initial purchase price.
The weakening real estate and economic environment has been winnowing the number of bidding candidates. The Related Companies could not gain a firm commitment from planned anchor tenant News Corp., seriously wounding its chances. As of yesterday, the choice appeared to have narrowed to one between Vornado Realty Trust with the Durst Organization and Tishman Speyer. Some speculated that Tishman Speyer's chances were injured by the recent loss of Morgan Stanley as its planned anchor tenant.
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I wouldn't have expected any better from the MTA, literally. Choose the proposal that is the most architecturally uninspired, does the least to address NYC's housing crunch, and represents the worst in outmoded, inhuman 60's towers-in-a-park urban planning? Brilliant!
This proposal has the least apartments of any of the proposals, and has huge squat blockbuster towers that look like they came out of the 80's. Look at the girth on those things. Horrible.
That's the MTA for you. Always disappointing.
Yay! More glass boxes for rich people!
this looks horrible and seems to serve the wealthy...
Manhattan is becoming invisible! All the buildings are sky-colored! It's a bird, it's a plane...no! It's the reflection of both of those things on the side of a dehumanizing, violently ugly, transparent glass office tower and/or condo for the wealthy! What a contrast with the Empire State Building in the background.
I do not understand why architects and developers want to make the city's skyline look like a corny 1940s cartoon depiction of the year 2000. Buildings of...the FUTURE! Let's all wear sparkly tin-foil spacesuits with huge shoulder pads while we roam through the proposed park with our pet robots. We'll fit right in with the surroundings.
But more seriously, WHAT is that curvy, pointy thing on the right with the trees on it? It looks like it's covered in Braille.
why is the side of the Empire State Building facing us sunlit, when the sun is behind the building? Are they envisioning a two-sun solar system?
Well, maybe the sunlight is reflecting off the glass in all sorts of crazy angles...
That, or Tishman Speyer is also planning to build a Death Star and put it in orbit around the earth.
The Long Island Rail Road's West Side Yard (ie. what is there now) looks much better than any of these!
Why did the album include a photo of a rooftop garden at Rockefeller Center?
Ironically, I just came back from The Skyscraper Museum and it's exhibit New York Modern which prominently featured Rockefeller Center and it's rooftop gardens
At least this plan saves the High Line. That's a huge bonus.