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TheWorldNewsOrg

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  1. via .ORGWorld News
  2. I've seen multiple comments online that this will become a suicide Mecca "platform"...... I personally think it looks interesting... but not attractive. Not on the level of an Eiffel Tower or Sydney Opera House. I wonder if this will become a ghost town within a decade? Malls are dying... except the A malls.... some will call this an A mall.
  3. Office tenants include BlackRock, WarnerMedia, and L’Oreal USA. In total, Hudson Yards is expected to welcome more than 55,000 workers. Retailers including Neiman Marcus (NYC’s first location), Dior, and Gucci are holding court in a 720,000-square-foot luxury mall. Entertainment options range from celebrity chef restaurants to an arts center to a $200 million art installation. New apartments (many of the ultra-luxurious, 2,500-bottle wine cellarvariety) are filling up, while a smaller chunk (slightly more than 10%) will be subsidized. Meet the “smart city” Hudson Yards offers us a glimpse of the metropolis of the future, a concept dubbed the “smart city.” These metros hope to leverage data to create efficiencies and enhance the quality of life in urban areas. Who needs garbage trucks when, in a few years, you'll be able to pipe out trash from Hudson Yards apartments at 45 mph? Looking ahead...it’s hard to imagine, but there’s a second phase of the project (called the Western Yard) slated to open in 2025.
  4. Some have characterized the gleaming development as a “gated community” that caters to the top 0.1%. “Hudson Yards glorifies a kind of surface spectacle—as if the peak ambitions of city life were consuming luxury goods,” writes the NYT’s Michael Kimmelman.
  5. Related Companies CEO Jeff Blau talks about the Hudson Yards project which is about to open on the West side of Manhattan.
  6. Hudson Yards, the $25 billion development from Related Companies and Oxford Properties, is officially opening just to the east of that rail yard. It’s the biggest private real estate project in U.S. history, a culmination of plans for the area that have been in the works for decades.
  7. The 'Black Thursday' stock market crash was the worst crash in U.S. history & heralded the beginning of the Great Depression. On October 24th 1929, the market lost 11% of its value.
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