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City and Extell buy property near Hudson Yards

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The city appears to be buying up buildings next to the far West Side’s Hudson Yards in order to build the Hudson Boulevard, which planners envision as an eight-block thoroughfare running from 42nd to 34th streets between 10th and 11th avenues. In a deal that recently closed, the city spent $66.1 million to buy 528 West 34th Street and a smaller adjacent building, 524 West 34th Street. Mega-developer Extell Development Company kicked in another $13.9 million to buy part of the properties, according to public records. more By John Celock

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