Related's Ross: Big Announcement Coming!

The Related Companies’ chairman, Stephen Ross, said last week that the city will make an announcement “in the next 60 days” about a new housing program for middle-income New Yorkers, Crain’s reports. Details of the announcement remain sketchy, but it likely has something to do with the construction of Queens West in Long Island City.

Mr. Ross is also chairman of the Real Estate Board of New York.

- Tom Acitelli