Related’s Cross Outlines Hudson Yards, Leasing

NEW YORK CITY-Jay Cross, president of Related Hudson Yards, was among the speakers on a Real Estate Development and Financial Issues panel at the Urban Systems Symposium Wednesday. Cross outlined plans for the 26-acre site, for which Related won development rights in 2008, later telling GlobeSt.com that he feels good about the market and leasing prospects for the site.

According to Cross, some key factors shaping up for success at the yards include the timely and successful completion of neighboring projects, like the Number 7 subway line. “There are major infrastructure parcels of work going on all around us–in particular the number 7 subway, which I think is an unheralded public works success story,” Cross told attendees at the event.