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Posted: Thursday, 11 October 2007 7:54AM
Bids Due Thursday for Hudson Rail Yard Property
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NEW YORK (AP) -- The biggest names in New York real estate are due to turn in bids Thursday for rights to rebuild Manhattan's Hudson rail yards.
The 26-acre stretch is now an expanse of parking lots, warehouses, gas stations and scattered businesses just off the Hudson River.
Developers hope to transform it into a new neighborhood of office towers as tall as 70 stories, plus apartments, hotels and parks.
More Manhattan news...
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(TM & © 2007 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO & EYE Logo TM & © 2007 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report. In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors. )
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