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New York & Tri-State  + Midtown New York  + Hospitality  |  August 29, 2024
Paul Bubny
By: Paul Bubny

Related/Oxford, Wynn Resorts Unveil New Details on Next Phase of Hudson Yards

Already the largest private development the U.S. has seen in decades, Hudson Yards isn’t finished yet. Related Companies/Oxford Properties Group and Wynn Resorts unveiled new details for the $12-billion Hudson Yards West atop rail yards on Manhattan’s Far West Side, anchored by the Wynn New York City casino.

“The next phase of Hudson Yards is a $12B total project investment in New York’s future that, if approved by city and state officials, will create tens of thousands of jobs, 1,500 units of housing including hundreds of new affordable apartments, and billions in much-needed revenue for the city and state,” said Jeff T. Blau, CEO of Related Companies.

The centerpiece of this next phase will be Hudson Green, a 5.6-acre public green park that will link to both Hudson River Park and the High Line. The development team also unveiled new details around the community benefits of the proposal, including the Wynn Neighborhood Improvement Fund.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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