New York Builders Paying Huge Buyouts to Tenants in Their Way – NYTimes.com
Tishman Speyer Properties, one of New York City’s most active real estate developers, had bought two parcels of land on the Far West Side of Manhattan to clear the way for a 2.8-million-square-foot office tower planned for Hudson Yards. Standing in the way, though, were the occupants of two apartments on the site. So this…