THE far west side of Manhattan’s midtown is a hive of activity. Lorries buzz in and out ferrying materials,cranes dot the skyline. Construction workers in tough hats shout directions at each other and exchange cheerful gibes. Each week the cityscape changes as new high-rises get taller. New Yorkers, who once had little reason to go to the parcel of land called Hudson Yards, and are starting to see a new glossy neighbourhood emerge.
For decades this portion of Manhattan was not just on the incorrect side of the tracks,it was the tracks. approximately 30 commuter train tracks pass though it. The surrounding area of decrepit warehouses was neglected for half a century. It took a 300-acre rezoning in 2005 by Michael Bloomberg, then the mayor, and for things to change. The area stretching from 30th to 41st Street and from 8th to 11th Avenues had been zoned for manufacturing,which has all but disappeared from Manhattan. A failed Olympic tender served as a catalyst for development for Mr Bloomberg, who worried approximately white-collar jobs migrating to New Jersey. He persuaded...
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Source: economist.com