Not everyone is convinced that the recession is over. Judging by his big announcement today, Steve Ross seems to think the worst is behind us. The real estate giant that Ross runs, The Related Companies, now says it plans to resume construction of a giant 1.2-million square foot complex on West 42nd Street that was put on hold when the economy took a tumble last year. Coming soon (or in a few years, at least): a 59-story tower with hotel rooms and rental apartments, massive shopping complex, and collection of Frank Gehry-designed theaters. [Crain's]