Case | HBS Case Collection | January 2013 (Revised December 2014)

Hudson Yards - The Other Side of the Tracks?

by Christopher M. Gordon, John D. Macomber, A. Eugene Kohn and Lisa Strope

Abstract

Stephan Ross, CEO of Related Companies, is considering an opportunity to invest $1 billion for the air rights over the Hudson Rail Yards in New York City. The investment would allow Related to build a platform over the operating rail tracks and develop this blighted edge of New York City into one of the top tier places to live, work and shop in the world.

Keywords: real estate; Property; Growth and Development Strategy; Urban Development; Real Estate Industry; New York (city, NY);

Citation:

Gordon, Christopher M., John D. Macomber, A. Eugene Kohn, and Lisa Strope. "Hudson Yards - The Other Side of the Tracks?" Harvard Business School Case 213-040, January 2013. (Revised December 2014.)