New York City and private real estate officials broke ground Tuesday on a 26-acre development at Hudson Yards, once the single largest piece of undeveloped property in Manhattan.

Construction commenced on the first tower, the 1.7 million-square-foot, 47-story South Tower — at 10th Avenue and 30th Street — the future home of Coach Inc.’s world headquarters. Joining Mayor Michael Bloomberg and City Council Speaker Christine Quinn were Related Co. chairman Stephen Ross and Bill Aziz, chairman of the investment committee of the Ontario Municipal Employees Retirement System pension fund.

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