The Real Deal New York

Apple in advanced talks for 55 Hudson Yards office space

Tech company also considering retail presence in megaproject
February 05, 2019 09:05AM

Tim Cook and 55 Hudson Yards (Credit: Getty Images and KPF)

Tech giant Apple is considering taking up about 60,000 square feet at Related Companies and Mitsui Fudosan’s 55 Hudson Yards, with talks already in advanced stages, according to a new report.

The tower, at 11th Avenue and West 34th Street, is expected to open in the spring. Committed tenants for the building include Steve Cohen’s personal fund Point72, hedge fund Third Point and private equity firm Silver Lake.

The New York Post’s report also floats the possibility of a “large retail presence” for Apple somewhere at Hudson Yards. Related declined to comment.

Although it has numerous retail locations in Manhattan, Apple has never had much of an office presence in Manhattan. The company signed a 45,000-square-foot lease at the Kaufman Organization’s 100-104 Fifth Avenue in 2011, though competitors like Facebook, Google and Amazon have planned massive campuses in various parts of the city. [NYP] — Kevin Sun