Posted Sep 28, 2025, 8:49 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 56,199
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With the casino dead, time to go back to old school bitchin…
https://www.nytimes.com/2025/09/26/n...companies.html
Hudson Yards Developer May Get Another $2 Billion Boost From New York
Matthew Haag and Dana Rubinstein
Sept. 26, 2025
Quote:
New York City is poised to pay $2 billion to build a platform over a Manhattan rail yard at the behest of one of the country’s biggest developers, who would then erect mostly luxury housing along the Hudson River.
…. When community opposition killed Related’s casino bid last spring, the new assistance package quickly rose from the casino bid’s ashes. It was approved in weeks, with Mayor Eric Adams and the City Council agreeing with the developer’s assurances that the complex arrangement made economic sense.
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Quote:
A spokesman for the City Council said its finance division had conducted an “in-depth analysis” of the deal as proposed by Related, and signed off on it before it was approved.
“We took additional time for this analysis, with the goal of protecting the use of taxpayer dollars,” said the spokesman, Rendy Desamours. “It is a fiscally responsible path forward.”
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NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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