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.
Results tagged “farwestside”
A storefront at the corner of Vanderbilt Avenue and 43rd Street (across from Grand Central) may be a window into the future of the West Side Rail Yards. The MTA unveiled an exhibition of the five proposals to redevelop the rail yards on the Far West Side of Manhattan, and the public will get a chance to see the models every day (except Thanksgiving) through December 3. And what's more, the MTA wants the...
Plans for a new Penn Station and Madison Square Garden at the historic Farley Post Office building remain as murky as ever. But a recent poll undertaken by the Municipal Art Society (MAS) suggests that Penn Station commuters overwhelmingly favor the prospect of a grand new train station--but they need more information. If and when the project proceeds, who will keep watch over the three mega-developers (the state-run ESDC, along with private companies Related Group and Vornado Realty Trust) to make sure the new-generation Station and Garden turn out better than the last one?

It's difficult to know quite what to say about the huge transformations on the horizon for the Far West Side. That's partly because major negotiations and plans regarding the future of Madison Square Garden, the Farley Post Office, the Javits Center, the 7-train extension, and rezoning are taking place behind closed doors. Another reason is the uneven pace at which the planning proceeds-- years of plodding speculation followed by the sudden unveiling of a proposal, and merely a few months for public review before the deal is sealed.
Gothamist Sports analyzed the IOC's announcement of the 2012 Olympics finalists and on the fight against the city's bid
Read the Hudson Yards Environmental Impact Statement yourself. And Gothamist's coverage of the possible Jets Stadium in Manhattan.
Officials from the city and the from Jets, however, maintain that the stadium will help develop the West Side. Deputy Mayor Daniel Doctoroff called the RPA plan "flawed" and "a halfhearted recipe that will not produce significant change on the West Side." There's nothing quite like a debate over land use.
Gothamist on the initial plans.
According to New York magazine, the Far West Side is the hot new area to live, if you want high design at high prices. We just want the High Line, as seen by tien mao.
–Holiday worst case scenario guide
We're working on a new layout as well some a new feature – Gothamist Forums. And the week in full.
Gothamist on the unveiled Far West Side Development plans.
- A boulevard between 10th and 11th Avenues up to 39th Street, with more fountains, cafes, and promenades.


