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New York celebrates as Hudson Yards officially opens

By District Energy posted 03-19-2019 17:53

  

Linda O'Flanagan, PenNews

Summary

Related Companies and Oxford Properties Group gave their Hudson Yards a New York opening last week, with a celebrity showcase in The Shops Thursday night and a star-studded ceremony on Friday.

$25 billion and five years after construction began on the largest private real estate development in the US, thousands turned out to help the developers celebrate what is being hailed as a transformative new neighborhood.

Related chairman Stephen M. Ross said, “Building Hudson Yards is the most humbling experience of my lifetime. It’s a rare opportunity to be able to create a neighborhood of this size and impact, let alone in New York City. Hudson Yards’ economic impact is already profound and its place on the New York skyline is meaningful.

“Bringing this vision to life took incredible forethought and commitment from the public sector, and a world-class team and set of partners in the private sector, many of whom signed on to bring their businesses to our budding community when it was still just an open railyard. This new neighborhood represents more than just a set of buildings, it shows what can be achieved when the public and private sectors join together to unleash passion and creativity.

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