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After a last-ditch effort to get their West Side Rail Yards negotiations back on track after Thursday’s announcement, Tishman Speyer was unable to sway the MTA.
The MTA’s statement today was short and sweet. In its entirety:
The MTA met today with Tishman Speyer. Despite the best efforts of both sides, a final agreement could not be [...]
Filed under: MTA, Rail Yards, Tishman Speyer | Tagged: Developers, Durst/Vornado, MTA, Rail Yards, Tishman Speyer | Leave a Comment »
For the very first time that we are aware of, the High Line was featured in a New York Times Editorial. In it, America’s paper of record challenges the City and Tishman Speyer to seize the opportunity provided by the development rights to the West Side Rail Yards and to do the right thing and [...]
Filed under: MTA, Media, Rail Yards, Tishman Speyer | Tagged: Media, New York Times, Rail Yards, Tishman Speyer | Leave a Comment »
The MTA announced today that it has selected Tishman Speyer as the developer for the West Side Rail Yards. This announcement ends a 6-month bidding process, which originally involved 5 competing developers. Tishman Speyer outbid the only other remaining contender– a joint venture between the Durst Organization and Vornado Realty Trust– by $112 million, offering to pay $1.004 billion for [...]
Filed under: Advocacy, Press, Rail Yards | Tagged: Advocacy, MTA, Neighborhood, Rail Yards, Tishman Speyer | 5 Comments »
The Times reports today that financial giant Morgan Stanley has backed away from its deal with Rail Yards bidder Tishman Speyer (bid here).
Tishman is one of four remaining bidders for the site, (Brookfield Properties dropped out last week) and, until today, was one of three with an anchor tenant.
Related has secured Newscorp and Durst-Vornado is working [...]
Filed under: Media, Tishman Speyer | Tagged: Developers, New York Times, Tishman Speyer | 1 Comment »
Over the next few weeks, we’ll be providing you with some quick-hit style background information on the various developers who have submitted bids for the West Side Yards site. Today, we’re starting with Tishman Speyer, whose bid is pictured above.
Founded in 1978 in New York, Tishman Speyer (”TS”) has managed 77 million square feet of [...]
Filed under: Better Know a Developer, Tishman Speyer | Tagged: Developers, Proposals, Renderings, Tishman Speyer | 1 Comment »
