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Related’s Ross downplays impact of East Side rezoning: VIDEO

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From left: Stephen Ross, William Mack and Diane Brady
Related Companies Founder and Chairman Stephen Ross said Mayor Michael Bloomberg's proposal to increase the density of office buildings in Midtown East will have little impact on development in the area. "What is really going to happen in New York is that the growth won't occur in that area," Ross said. "The growth is more likely to occur on the Far West Side," in the Hudson Yards neighborhood, where Related this month broke ground on the first part of the 26-acre development. (Watch the video of the panel discussion, after the jump.) [more]

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