BlackRock targets Hudson Yards for new HQ

Asset management giant is looking for as much as 1M sf of office space

TRD New York /
Sep.September 28, 2016 06:00 PM

BlackRock has set its sights on Hudson Yards for a new headquarters as big as 1 million square feet.

The company currently rents around 700,000 square feet in two buildings – Fisher Brothers TRData LogoTINY and Soho China’s 55 East 52nd Street and Rudin Management’s 40 East 52nd Street. The lease at 55 East 52nd is due to expire in 2023. In February, The Real Deal reported BlackRock had tapped a JLL team led by Peter Riguardi to find a new, larger office space.

By July, the company had shortlisted three possible new locations: The Durst Organization’s One World Trade Center, the Related Companies and Oxford Properties Group’s Hudson Yards, and Brookfield Property Partners’ Manhattan West. The company is also still holding onto the option of staying at its current location.

But, according to Crain’s, BlackRock is now considering two proposed towers in the Hudson Yards neighborhood. One is 50 Hudson Yards, developed by Related and Oxford, which is located on West 33rd Street and 10th Avenue. The other is Tishman Speyer’s building, the Spiral, which is planned for one block north of 50 Hudson Yards and will span 2.85 million square feet.[Crain’s]Miriam Hall


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)

Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere

Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Facebook CEO Mark Zuckerberg and Hudson Yards (Credit: Getty Images and Wikipedia)

Facebook close to finalizing Hudson Yards office deal: report

Facebook close to finalizing Hudson Yards office deal: report
Neiman Marcus Group CEO Geoffroy van Raemdonck and Neiman Marcus at Hudson Yards (Credit: Raemdonck by NEIL RASMUS/Patrick McMullan via Getty Images; background by Noam Galai/Getty Images)

Neiman Marcus files for bankruptcy, casting uncertainty over Hudson Yards

Neiman Marcus files for bankruptcy, casting uncertainty over Hudson Yards
Neiman Marcus at Hudson Yards in New York and Neiman Marcus CEO Geoffroy van Raemdonck (Credit: Neiman Marcus by Noam Galai/Getty Images; van Raemdonck by JOE SCHILDHORN/Patrick McMullan via Getty Images )

Neiman Marcus investors to challenge bankruptcy deal, call for sale

Neiman Marcus investors to challenge bankruptcy deal, call for sale
A view of Neiman Marcus in The Shops at Hudson Yards (Credit: Noam Galai/Getty Images)

Neiman Marcus bankruptcy could spell doom for Hudson Yards

Neiman Marcus bankruptcy could spell doom for Hudson Yards
(Credit: iStock)

EB-5 is back in the doghouse

EB-5 is back in the doghouse
Georgetown president and CEO Adam Flatto and an aerial of 260 12th Avenue (Credit: Patrick McMullan/Patrick McMullan via Getty Images; Google Maps)

Georgetown plans 1.1M sf Hudson Yards office building

Georgetown plans 1.1M sf Hudson Yards office building
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...