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West Side Rail Yards

By Daniel Geiger 12/07/11 2:00pm

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The White Whale of West 57th Street: Nordstrom appears poised for NYC

It’s the great white whale of Manhattan retail.

Aside from Walmart, Nordstrom is the store every retail broker in the city dreams of harpooning and reeling into a new home. One prominent broker familiar with the store, the amount of space it needs and the rents it would probably be willing to pay estimates that the commission for handling its lease would be around $10 million.

But like a leviathan lurking beneath the waves, the department store has offered only fleeting glimpses around the city, most notably at several development sites and a few existing assets with the capacity to accommodate its sprawling footprint.

The scuttlebutt nowadays: Nordstrom is contemplating one of two leases, one at the West Side rail yards with the Related Companies or another at the base of Extell Development’s soaring new residential tower now rising at 157 West 57th Street.



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By Eliot Brown 1/19/10 5:13pm

The West Side Rail Yards—It’s Alive!

The Related Companies, the real estate giant that built the Time Warner Center, is nearing an agreement to  commit to building over the West Side rail yards, an oft-delayed project that could be Manhattan's single biggest development.

The firm envisions $15 billion of new office, hotel and apartment towers on a 26-acre site near Read More

By Staff 1/19/10 5:13pm

The West Side Rail Yards—It’s Alive!

The Related Companies, the real estate giant that built the Time Warner Center, is nearing an agreement to  commit to building over the West Side rail yards, an oft-delayed project that could be Manhattan's single biggest development.

The firm envisions $15 billion of new office, hotel and apartment towers on a 26-acre site Read More

By Eliot Brown 12/21/09 10:22pm

Mayor Touts Council O.K.’s for West Side Yards, Broadway Triangle; Rebukes Kingsbridge Rejection

There was a less-than-subtle undertone to a Monday morning mayoral press conference in Chelsea.

Speaking in the wake of the City Council's rejection of a proposed mall project in the Bronx, Mayor Bloomberg, side by side with Council Speaker Christine Quinn, emphasized "creating jobs;" of "progress" on development projects; of cooperation with the City Council.

On hand to Read More

By Eliot Brown 11/11/09 12:52am

Professor Skyscraper

In a late September planning conference at N.Y.U., Vishaan Chakrabarti strode into the college's Kimmell Center a healthy hour after the event began.

Taking his place onstage, the former city planning official and development executive began to speak about his favorite project: the redevelopment of Pennsylvania Station-in the planning stages for nearly two decades-an effort he Read More

By Staff 11/04/09 2:45am

Four More Years! But for What? Experts Opine on Economic Development Through ’13

Almost indisputably, the mayoral race this year was a desert of big new ideas for New York City. Be it the lack of a competitive Democratic primary, the billions in budget gaps or the challenger's preference for blanket criticism over policy prescription, the incumbent and-at the time of this writing-presumptive winner, Michael Bloomberg, was never Read More