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Hudson Yards

Hudson Yards
New York, NY 10001
Hudson Yards
Hudson Yards, the area on the far west side of Manhattan between 30th and 43rd streets, is the site of the largest contemporary real estate development project in the United States, a venture spearheaded by the New York City Department of City Planning and Metropolitan Transportation Authority (MTA). The site, a rail yard, has been rezoned for commercial and residential development and will house what is essentially a neighborhood built from scratch. The project is an alternative to another, failed redevelopment idea that was based on New York City hosting the 2012 Summer Olympics and the construction of a sports stadium. The Related Companies and Oxford Property Group are the developers charged with building the core of the current site: millions of square feet of commercial and residential space, including 5,000 apartments, a hotel, a public school, and approximately 12 acres of public open space on the 26-acre site. The neighborhood is served by the 11th Avenue subway station of the 7 line, which opened in 2015. -TA
  • Address Hudson Yards
  • neighborhood Hudson Yards
  • borough Manhattan

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09/19/16
Vornado Realty Trust CEO Steven Roth has offered up yet another possibility for the future of Hotel Pennsylvania — apartments and retail. Tags: Hotel Pennsylvania,...

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09/19/16
A veteran of city- and state-run development corporations will soon be taking the helm of the Downtown Brooklyn Partnership. Regina Myer, who has served as...

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09/19/16
U.S. investment firms, some of which are referred to as shadow banks, are seeking $32 billion in commercial-property debt as traditional lenders shy away from...

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09/19/16
...From left: Rendering of 10 Hudson Yards, Building Congress graph of office space completed and rendering of...

Renderings
09/16/16
...Though the unveiling of "Vessel" got its own ceremony at Hudson Yards, Related also rolled out new renderings for its first residential...

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09/16/16
...Derulo and Stephen Ross From Luxury Listings NYC: Right now, Hudson Yards, Manhattan’s newest neighborhood, is a dystopian hellscape, where only...

Market Reports FT
09/14/16
According to the latest batch of market reports, northwest Queens saw rental prices climb 5.3 percent in August, new development buildings scored some of Downtown’s...

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09/14/16
...A rendering of Hudson Yards (credit: Related Companies) The Metropolitan Transportation Authority is set to...

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09/14/16
...than three years after he boasted that the centerpiece of Hudson Yards’ public plaza would be New York’s Eiffel Tower, Related...

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09/13/16
...Hudson Yards (credit: Hudson Yards) A number of high-profile Midtown leases signed in August can...

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09/13/16
...struggling with rising vacancies and competition from new developments at Hudson Yards. And even the seemingly invincible luxury market is having a...

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09/12/16
...Related Companies is launching sales this week at 15 Hudson Yards, the first residential building to be constructed as part of...

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09/06/16
...of L&L Holding After scoping out space in Hudson Yards last year, Hogan Lovells appears to be ready to pull...

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09/06/16
...order to attract tenants who want to be close to Hudson Yards. (more&hellip...

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08/30/16
While the long-awaited Midtown East rezoning plan would allow buildings up to 30 percent taller, one developer ain’t waiting. L&L Holding Co. found workarounds to the...

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08/30/16
The New York metropolitan area’s office-using job growth slowed dramatically over the past 12 months, adding to concerns over a potential supply glut in the...

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08/29/16
...From clockwise: Hudson Yards, Midtown East, Abdullah bin Mohammed Al Thani, and the Empire...

08/29/16
...Learning and earning: Hasidic Brooklyn’s real estate machers 3. From Hudson Yards to Governors Island: Mayor taps Related exec to head island...

Samuelian_Michael_web
08/26/16
Related Companies’ Michael Samuelian may soon tack another major mixed-use development onto his résumé. Tags: governor's island, Related Companies ...

08/26/16
...Current reader favorites: 1. Inside the Hudson Yards financing playbook 2. Learning and earning: Hasidic Brooklyn’s real estate...

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08/24/16
...Related and Oxford have raised $14B at Hudson Yards (Illustration by Lexi Pilgrim for The Real Deal) After four...

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08/24/16
...Hudson Yards and the MTA's Thomas Prendergast There's good news for New...

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08/23/16
...Hudson Yards (inset: Richard McVey) An electronic trading platform is ditching its...

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08/22/16
It may get a whole lot easier to find office space on Park Avenue pretty soon, as a series of upcoming departures is set to...

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08/18/16
...Hudson Yards From the August issue: In Hudson Yards, developers are testing the demand for large, super-dense office space...
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Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders...

rentopoly-feature
With all of the trades, windfalls, setbacks and wildcards, New York City’s rental market  can often resemble a big round of Monopoly. But in the...

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Manhattan’s elite residential brokers aren’t just going after the most expensive listings to stay on top. They’re also recalibrating their business models to include a...

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Two firms dominated the high-value commercial mortgage brokerage business in New York City last year: Eastdil Secured and Meridian Capital Group, an ...

loans-feature
03/24/16
From the March issue: The lending market has already shifted gears since the start of the year. Lenders are tightening their standards, and the issuance of...

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Landing a monster office tenant is getting harder these days. Most of the big companies hunting for space committed in the last few years, fueled...

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02/03/16
Did you know a Boston-based consulting company leased three-and-a-half football fields of upcoming space at 10 Hudson Yards in December? Or that WeWork inked a...

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01/19/16
UPDATED: 3:25 p.m., Jan 20. 2016: Related Companies and Oxford Properties saw 10 Hudson Yards’ “market value” – assessed for tax purposes – grow by...

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01/14/16
Did you know four of the five largest buildings in Manhattan developed with the 421a tax abatement are on the West Side? Or that Silverstein Properties...

01/12/16
Cushman & Wakefield executives delivered a mixed outlook Tuesday on the city’s commercial real estate market in 2016, as continued macroeconomic strength is expected to...

The-Real-Deal-2015
12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

601 Lexington Avenue ft
12/29/15
New York City's most lucrative office leases of 2015 Step into my (very pricey) office. The 10 most lucrative New York City office leases signed in...

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12/28/15
Let’s face it — nothing seems to drum up more excitement for an upcoming project than a shiny new rendering. Like a placeholder on the skyline,...

biggest projectes feature
12/24/15
Though new Manhattan developments were the heaviest hitters in terms of size this year, the outer boroughs more than held their own. Tags: Hudson Yards, One...

Builders-Feature
Big names. Big projects. Big price tags. Despite being New York City’s smallest borough, Manhattan development has clearly grown to ...

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A few years ago, law firms were cutting their payrolls and scrambling to refocus their practices on bankruptcies and restructurings. Indeed, the real estate law...

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Investors have poured more than $3.7 billion into several dozen projects around New York City via the EB-5 program since 2009. And while the industry...

Private-Equity-2
With competition for New York City real estate fiercer than ever, real estate-focused private equity funds are coming up with new strategies to pump up...

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The most valuable office lease inked in Manhattan last year will bring nearly $1.7 billion in cash to the owners of 11 Madison Avenue over...

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The wave of new developments hitting the market is changing more than just the skyline. It’s also shifting the fortunes of the firms that specialize...

The $118.5M listing at the Ritz Carlton
This year may not be over yet, but the real estate records are already piling up. The year kicked off with city office asking rents...

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The crush of tourists — often standing five deep at crosswalks in Times Square, Herald Square and on Fifth Avenue — may be frustrating to...

may-2014-cover-for-mag
The strength of the Manhattan luxury market is continuing to buoy some of the city’s largest and most established firms, The Real Deal’s annual ranking...

H&M's largest NYC store is located at Herald Center.
With record numbers of residents and tourists filling the streets, New York City retail rents cracked what might be called the “crystal ceiling” in 2013,...

April 2013 Commercial Market Report
The first quarter of 2013 saw few large leasing deals, especially in Midtown’s pricey Plaza District, according to an analysis compiled by commercial firm Jones...
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