Regions Northeast | New York
Development on Manhattan's West Side Falls Through
May 9, 2008
Source: New York Times

Despite the fact that a developer was chosen just six weeks ago for an ambitious project overlooking the railyards on Manhattan's West Side, the project has now fallen through. Tishman Speyer Properties had been chosen to build the complex, which was to consist of office towers, apartments, and parks.

However, negotiations hit a hard spot this week when Tishman Speyer said it wanted to change the terms of the $1 billion development, according to the New York Times. The original deal was struck on March 26.

 
Recent New York Headlines
Hudson_Rail NYC West Side Railyards Deal Takes Next Step
May 22, 2008
The massive West Side railyards project (pictured) in New York City got the green light from the Metropolitan Transit Authority today to move full-steam ahead on the Related Cos., Goldman Sachs development deal.
Rebuilding Downtown Merrill Lynch in Talks to Move HQ to WTC: Report
May 22, 2008
As one financial services giant indicates it may step away from New York’s World Trade Center redevelopment, another moves toward possibly taking space in the massive rebuilding project.
Consolo, Faith Prudential Douglas Elliman to Market 75-Store Harlem Retail Portfolio to Tenants
May 22, 2008
A 15-building portfolio with 75 stores and 125,000 square feet of space in New York City’s Harlem neighborhood is being marketed to prospective tenants by the Prudential Douglas Elliman leasing team of Faith Hope Consolo and Joseph Aquino.
NYC Officials to Join Westsiders for Public Participation’s Lawsuit Regarding Columbus Village Project
May 22, 2008
Elected officials from the United States Congress, the New York State Legislature and the New York City Council have committed to join Westsiders for Public Participation  as co-plaintiffs in its lawsuit concerning the Columbus Village development under construction on Manhattan’s upper west side.
Broadway Partners Signs 5 Leases Totaling 119,000SF in NYC
May 22, 2008
Broadway Partners announced the completion of five lease transactions totaling 119,485 square feet at 340 Madison Avenue in New York City. The leases bring occupancy at the class A midtown Manhattan tower to approximately 92 percent.