News Roundup February 1-7

The January 28 MTA letter to developers generated a bunch of speculation on what the new guidelines will mean for developers, and it’s been a busy week for the various other developments around the Yards. MTA Likely to Narrow Rail Yards Field (NYO The Real Estate) MTA Wants Rail Yards Developer Designated By April 1 (NYO [...]

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Crain’s has more on the MTA’s Strings Attached

Crain’s has the latest on an increasingly complicated set of requirements for developers, as outlined by the MTA in their January 28 letter. According to the article by Theresa Agovino, the winning developer will be contractually obligated to create a set of seperate funds that will go to the MTA for Rail Yards expenses and [...]

Retail: Ports 1961 Coming to the Neighborhood

[Photo from Racked]  Canadian boutique retailer Ports 1961 is opening their US flagship store in the Meatpacking District (here.) If Racked is correct, Ports’ February opening may be delayed. There is a lot more high-end retail on its way to the neighborhood. From  The New York Post :  The final piece of the retail puzzle has been filled at [...]