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Hudson Yards Related companies



Related are Ken Himmel and Jeff Blau talk shop, subsidies and more on the opening day of the 28-acre project

After Hudson Yards official opening ceremony on Friday – containing guest's speakers including none other than Big Bird – The Real Deal grabbed the $ 25 billion development team behind the project.

Ken Himmel, President and CEO of Related Urban, talked about opening the seven-storey stores on Hudson Yards in a difficult retail time.

And, in light of the controversy surrounding Amazon's incentive package to come to New York, decided companies responded CEO Blau to questions about public funds pumped into the Hudson Yards neighborhood.

"Subways and parks are not subsidies," Blau said. "It's the state's role to encourage economic development."

Watch the video above to hear more from the developers behind the country's largest private property project.

Interviews by Kathryn Brenzel.


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