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Land Swap

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The deal is sealed. The boldly named One Hudson Yards (pictured), formerly the domain of Extell's Gary Barnett, is being handed over to Related's Stephen Ross, who is masterminding the rest of the Hudson Yards megaproject. In exchange, Ross is giving Barnett a Times Square site on 45th and Eighth that abuts a garage Extell already owns. Now Ross is free to charge whatever rents he wants over in his HY fiefdom, without any kind of competition, heaven forbid. According to the Post, the deal closed at the end of July. [NYP, first item; previously]

Hudson Yards

, Manhattan, NY 10001