Stephen M . Ross :Ithink it's really the exchange of ideas and being able toworktogether , having respect foreach other and knowing thatboth of you bringa lot at the table.
"There's clearly been a rapid appreciation in residential land values, but at the same time you've got to keep reminding yourself that you're buying a nonperforming loan, " says Curt Bailey, president of Related Midwest, a unit of Stephen Ross's Related Cos. that has expressed interest in the site.
Meanwhile, at downtown's rival office neighborhood, Hudson Yards, on the Far West Side, the first building broke ground in December, at a ceremony where developer StephenRoss beamed, flanked by the city's heavyweights in business and politics.