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Even more perilous, the promised second phase of Hudson Yards — eight additional buildings, including a school, more luxury condos and office space — appears on indefinite hold as the developer, the Related Companies, seeks federal financing for a nearly 10-acre platform on which it will be built.
Related, which had said the entire project would be finished in 2024, no longer offers an estimated completion date.
— The New York Times
The New York Times is reporting on the uncertain future of the $25 billion Hudson Yards mega-development in Manhattan’s Far West Side. The starchitect-studded development is reeling from ongoing effects of the global Covid-19 pandemic, as luxury condos remain unsold and commercial tenants go... View full entry
