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Old Posted May 3, 2016, 7:52 PM
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$200M Hudson Yards Sculpture Will Be NYC's Eiffel Tower, Developer Says

By Maya Rajamani
May 3, 2016

A $200 million sculpture coming to a plaza in the Hudson Yards could become the Big Apple's answer to the Eiffel Tower, a developer said on Monday.

Speaking at a Crain’s real estate conference, Related Companies Chairman Stephen Ross said he believes the yet-to-be-revealed sculpture designed by British artist Thomas Heatherwick will “become to New York what the Eiffel Tower is to Paris,” Crain’s New York reported.

Back in 2013, Ross — whose firm, along with Oxford Properties Group, is developing part of the Hudson Yards on Manhattan’s West Side — estimated the sculpture would cost about $75 million.

Heatherwick’s studio has designed a number of high-profile projects, including the Olympic Cauldron at the 2012 Olympic Games in London and the Shanghai World Expo 2010’s “UK Pavilion,” according to his website.

“It will be very iconic… very bold statements, I know that,” Ross reportedly said.

He added that the sculpture’s design will “hopefully” remain under wraps until September or later, Politico New York reported.

The plaza where it will reside will be “bigger than Trafalgar Square” in London, Ross said.
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