Real Estate Wire: Inside The Shops at Hudson Yards; Park Avenue Pad Sells for Record-Breaking $71.3M

Posted On Thu, September 4, 2014 By

Posted On Thu, September 4, 2014 By In Real Estate Wire

  • A 740 Park Avenue pad just traded hands for $71.3M, making it the most expensive NYC co-op ever sold. The apartment was originally listed for $48M. [Curbed]
  • Forest City Ratner wants to take over producing the modular units for the stalled B2 tower at Pacific Park next to the Barclays Center. The developer is currently embroiled in a legal dispute with the contracting company, Skanska USA. [Crain’s]
  • New renderings of ‘The Shops’, the Hudson Yard’s planned one million square feet of retail space. [NY YIMBY]
  • When (and if?) completed, the WTC transit hub designed by Santiago Calatrava will have cost between $3.7 and $4 billion—way over its $2 billion budget. [WSJ]

The Shops (left); 740 Park Avenue (right)

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