Transportation access key for success of far West Side, Mosler says: VIDEO

Adequate transportation will be key to making Manhattan West and Hudson Yards — two mixed-use developments planned for Manhattan’s far West Side — a success, Bruce Mosler, chairman of global brokerage for Cushman & Wakefield, told Bloomberg News today. See video after the jump.

Mosler said that companies will be attracted to the under-construction office towers because they are close to Penn Station and the planned extension of the 7 Subway line.

It will be a “master-plan” community, with work, live and play components, all of which are attractive for a new generation of residents and office workers, he said.

Brookfield Office Properties, which is developing Manhattan West, recently began construction of a 120,000-square-foot deck for the project, as was reported yesterday.

Meanwhile, the Related Companies reached a tentative deal with Time Warner to anchor the second tower at its 26-acre Hudson Yards development, as previously reported. [Bloomberg News] —Zachary Kussin