The $15 billion redevelopment of the West Side rail yards is no longer on track to happen as quickly as was expected before the recession, but developer Related Companies is still working on plans for the site. Related is currently going through the city’s public review process and reportedly expects to sign a development contract in January with the Metropolitan Transportation Authority, the owner of the site stretching from 30th to 33rd streets and 10th to 12th avenues. Construction would begin with a $1 billion platform on top of the rail yards.
Related continuing with West Side rail yards
July 29, 2009 02:58PM