City breaks ground on $15B Hudson Yards
After years of competing visions, proposals, community battles and governmental compromises, New York City Mayor Michael Bloomberg and City Council Speaker Christine Quinn yesterday (Tuesday) joined developer Steven Ross to break ground on the long-awaited project that will eventually become Hudson Yards.
The groundbreaking took place in the shadow and construction clammer of the already-underway 47-story South Office Tower, which, when completed, will become the headquarters of Coach Inc.
“Today’s groundbreaking means that the market has spoken and, even in this challenging economy, we’re moving forward to make the far West Side’s economic potential a reality,” said Mayor Bloomberg.