What's happened
Hudson Yards, once considered a failed project, has now become the dominant office market in NYC, attracting major companies. Plans for a $12 billion casino at Hudson Yards face criticism, while a new 62-story skyscraper is set to revitalize Midtown Manhattan. In contrast, a vacant office building in St. Louis was sold at a significant discount, reflecting challenges in the city's real estate market. Controversy surrounds plans for a 200-meter-high tower in Jerusalem, and residents oppose a police complex on a scenic hill in South Jerusalem.
Why it matters
The transformation of Hudson Yards highlights the resilience of urban developments and the shifting dynamics of real estate markets. The controversies in Jerusalem and St. Louis underscore the challenges and conflicts that arise from major construction projects and urban planning decisions.
What the papers say
The New York Times reports on the remarkable turnaround of Hudson Yards, from a ghost town to a thriving office market. The NY Post covers the criticism faced by plans for a casino at Hudson Yards. Business Insider UK discusses the new skyscraper planned for Midtown Manhattan. The Times of Israel reports on objections to a proposed tower in Jerusalem and the campaign against a police complex in South Jerusalem.
How we got here
Hudson Yards in NYC faced initial skepticism and challenges but has now become a successful office market. The proposed casino and skyscraper projects aim to further develop the area. In St. Louis, the sale of a vacant office building reflects broader struggles in the city's real estate market. In Jerusalem, controversies surround plans for a high-rise tower and a police complex on a scenic hill.
Common question
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Jerusalem is a city in the Middle East, located on a plateau in the Judaean Mountains between the Mediterranean and the Dead Sea.
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The Palestinian people, also referred to as Palestinians or Palestinian Arabs, are an ethnonational group comprising the modern descendants of the peoples who have lived in Palestine continuously over the centuries and who today are largely culturally and