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Grand Hyatt New York at 109 E. 42nd St. Grand Hyatt New York at 109 E. 42nd St.

NEW YORK CITY—TF Cornerstone and MSD Partners are redeveloping the Grand Hyatt at 109 E. 42nd St. The Wall Street Journal reported the development group is tearing down Donald Trump’s first major Manhattan development. In its place, they are erecting a 2 million square-foot, mixed-use development including offices, retail, improvements to the public infrastructure and a new luxury Grand Hyatt Hotel. The building is adjacent to Grand Central Terminal.

Betsy Kim

Betsy Kim is the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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