Gary Barnett: Thunder Stealer
It was then that reports emerged that Coach, the maker of luxury leather goods, was in talks to add an additional 250,000 square feet of office space to its already significant inventory of 500,000 square feet inside the South Tower of the Related Companies’ Hudson Yards development.
But today, like a cloud on the sun, Gary Barnett, the second-most powerful man in real estate and the head of Extell Development, told Steve Cuozzo of the New York Post he had hired Jones Lang LaSalle to find tenants for his yet-to-be-built 1.7 million-square-foot office tower located on 34th Street and 11th Avenue, which he has rather conspicuously named One Hudson Yards. That his new development has nothing to do with the Related Companies’ Hudson Yards development hardly seemed to matter to Mr. Barnett, although it apparently rankled Stephen Ross.
“I don’t know why he’s trying to deceive tenants and the public,” Mr. Ross told Mr. Cuozzo.
This isn’t the first time Mr. Barnett has flashed his chutzpah to other developers or real estate firms. Vornado, Donald Trump, Forest City Ratner, and Corcoran are only a few companies that have felt Barnett’s elbow nudge them out of their moments of glory.