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    Hudson Yards

    Hudson Yards
    New York, NY 10001
    Retail, Residential, Leasing/Rental, Multifamily

    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
    • Event Retail Leasing
    • Address The Shops & Restaurants at Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 2,500
    notes
    The luxury men's fashion retailer signed a lease for the Hudson Yards building.
    • Event Office Leasing
    • Address 35 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 15,000
    • Publication Date 06/25/2018
    • Event Date 06/19/2018
    • Party 1 Related Companies
    • Party 2 Hospital for Special Surgery
    notes
    The hospital signed a lease for the Hudson Yards space.
    • Event Retail Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 2,000
    • Publication Date 06/18/2018
    • Event Date 06/12/2018
    • Party 1 Related Companies
    • Party 2 Sweetgreen
    • Party 2 Brokerage SCG Retail
    • Party 2 Broker Jacqueline Klinger
    notes
    The restaurant signed a lease for space in the Hudson Yards project.
    • Event Financing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 1,416,900
    • Price $ 431,900,000
    notes
    The owners secured a $431.9 million investment from the Ohio teachers pension fund.
    • Event Retail Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 2,000
    notes
    The salad and grain bowl chain inked a lease in Hudson Yards.
    • Event Financing
    • Address 1 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 300,000
    • Price $ 225,000,000
    notes
    The owner secured a $225 million refinancing loan for the rental building in Hudson Yards.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 30,000
    notes
    The private fund inked a lease for the entire 48th floor at the Hudson Yards building.
    • Event Office Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 148,000
    • Price per foot $ 80.00
    • Publication Date 09/15/2017
    • Event Date 09/14/2017
    • Party 1 Coach Inc.
    • Party 2 Guardian Life Insurance Co. of America
    notes
    The insurance company signed a sublease for $80/sqft asking rent.
    • Event Financing
    • Address 50 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 2,900,000
    • Price $ 1,500,000,000
    notes
    The developer closed a $1.5 billion senior construction loan for this building.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 75,064
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 56,000
    notes
    The technology investor inked a lease.
    • Event Office Leasing
    • Address 50 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 850,000
    notes
    The private equity firm signed a lease.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 85,000
    notes
    The pharmaceutical company signed a lease.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 83,000
    notes
    The trading firm signed a lease.
    • Event Sales
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Price $ 420,000,000
    • Publication Date 09/01/2016
    • Event Date 07/15/2016
    • Party 1 Coach, Kuwait Investment Authority
    • Party 2 Allianz
    notes
    A 44% interest sold for $420 million.
    • Event Office Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 693,938
    notes
    The handbag company signed a 20-year lease for the 6th through 23rd floors in a sale lease back transaction.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 175,000
    notes
    The asset management company signed a lease for 6 floors.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Midtown
    • Borough Manhattan
    • Square feet 250,000
    notes
    The international law firm signed a lease.
    • Event Office Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 67,000
    notes
    The technology developer signed a lease.
    • Event Office Leasing
    • Address 10 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 193,295
    • Publication Date 12/01/2015
    • Event Date 10/22/2015
    • Party 1 Related Companies
    • Party 2 Boston Consulting Group
    notes
    The firm signed a lease.
    • Event Office Leasing
    • Address 10 Hudson Yards
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 88,000
    notes
    The social media consulting firm signed a lease to move its headquarters.
    • Event Office Leasing
    • Address 55 Hudson Yards
    • Neighborhood Hudson Yards
    • Borough Manhattan
    • Square feet 83,000
    • Event Sales
    • Address Hudson Yards package
    • Borough Manhattan
    • Price $ 200,000,000
    notes
    The properties sold for $200 million. The sites are located at the southeast corner of West 34th Street and Hudson Yards Boulevard and at West 35th Street and 10th Avenue. Sherwood Equities acquired the properties in the 1980s for $8.1 million.
    • Event Office Leasing
    • Building Name Ten Hudson Yards
    • Address 10 Hudson Yards
    • Neighborhood Tribeca
    • Borough Manhattan
    • Square feet 30,714
    notes
    The business management software company signed a 16-year lease for additional space at Hudson Yards' South Tower, the New York Observer reported. The tenant, which leased the building's 44th through 47th floors earlier this year, is adding the entire 43rd floor for a total occupancy of 144,272 square feet, according to the publication.
    • Event Office Leasing
    • Building Name Ten Hudson Yards
    • Address 10 Hudson Yards
    • Neighborhood Tribeca
    • Borough Manhattan
    • Square feet 402,000
    notes
    The beauty giant signed a lease to be one of the anchor tenants for the South Tower at the Hudson Yards megaproject. The new space will serve as the company's U.S. headquarters. L'Oreal will be joining luxury leather goods company Coach and software company SAP at the building, which is now over 80 percent leased.
    To see all, go to Advanced Search

    03/19/2020
    It’s not every year that a landmark piece of Manhattan’s skyline trades hands. But that’s what happened last spring when trophy collector Aby Rosen andIt’s not every year that a landmark piece of Manhattan’s skyline trades hands. But that’s what happened last spring when trophy collector Aby Rosen and...

    12/13/2019
    But despite these pain points, this past year saw two huge shopping meccas open in Manhattan: the Columbus Circle Nordstrom and Neiman Marcus at Hudson Yards...

    06/07/2019
    Serhant dubbed the location of the West Chelsea property as “SoHY” â€' South of Hudson Yards...

    05/09/2019
    “I think we’ve gotten spoiled. The numbers are astonishing,” added Scissura, noting that with the second phase of Hudson Yards yet to start and major projects slated for a rezoned Midtown East and the Brooklyn and Queens waterfronts, his organization still has a strong outlook for the years ahead...

    04/09/2019
    And that high level of occupancy at Hudson Yards â€' the joint baby of the Related Companies and Oxford Properties Group â€' speaks to the strength of the rest of the Manhattan market...

    03/12/2019
    Kohn Pedersen Fox (KPF), an international firm also based in Midtown, followed closely with 4.2 million square feet between two buildings: Related Companies’ office towers at 30 and 55 Hudson Yards...

    06/01/2018
    In April, there were two loans of more than $1 billion recorded in Hudson Yards...

    05/14/2018
    Clockwise from top left: 660 12th Avenue, 4 Times Square and 435 Seventh Avenue April’s top 10 retail leasing deals more than doubled March’s in Clockwise from top left: 660 12th Avenue, 4 Times Square and 435 Seventh Avenue April’s top 10 retail leasing deals more than doubled March’s in...

    05/01/2018
    This topic has ignited an ugly battle between the Related Companies and the Building and Construction Trades Council. The powerful union group has been protesting the developer’s decision to go open-shop for the second phase of Hudson Yards...

    04/01/2018
    For example, in addition to brokering the News Corp and Fox leases, CBRE also represented Bank of America on 700,000 square feet over three deals â€' two in Midtown and one in Lower Manhattan. And it’s the leasing agent on several buildings at both Hudson Yards and the World Trade Center...

    03/29/2018
    The amount of development in the borough still trails Manhattan by a fairly wide margin, as the top developers there â€' Related Companies and Brookfield Property Partners â€' are respectively at work on 9 million and 3.8 million square feet of development. Most of that volume is comprised of office building skyscrapers being developed in Hudson Yards...

    03/15/2018
    50 Hudson Yards will, according to Related Companies, be New York City's fourth-largest commercial office tower upon completion in 2022...

    03/01/2018
    He also said the firm’s presence at One Vanderbilt and at Hudson Yards, where it worked on 10 and 30 Hudson Yards, has set the stage for future work â€' whether in the form of new buildings or major renovations...

    02/19/2018
    Related Companies and Brookfield Property Partners are respectively the top two most active developers in Manhattan, according to an analysis by The Real Deal. Related is working on 9 million square feet of development, most of which is at Hudson Yards, while Brookfield is handling 3.8 million square feet nearby at Manhattan West...

    01/01/2018
    Wells Fargo wasn’t far behind, taking the No. 2 spots in both the non-construction and construction rankings with $2.09 billion across 11 deals and $5.85 billion across 78 deals, respectively. Like Deutsche Bank, the San Francisco-based firm had its fair share of negative news coverage amid reports that it created fraudulent checking and savings accounts on behalf of its clients without their consent. But the scandal seems to have had virtually no impact on the bank’s commercial real estate lending group, which was part of a consortium that funded Related Companies and Mitsui Fudosan’s 50 Hudson Yards with a $1.5 billion construction loan...

    12/29/2017
    Such was the case for Adamson, who worked as the architect of record for Tishman Speyer's "the Spiral," a 2.2-million-square-foot office tower planned for Hudson Yards...

    11/06/2017
    Clockwise from left: 250 West 57th Street, 1 Liberty Plaza and 135 Madison Avenue There was a noticeable slowdown in office leasing activity in October. Clockwise from left: 250 West 57th Street, 1 Liberty Plaza and 135 Madison Avenue There was a noticeable slowdown in office leasing activity in October....

    10/17/2017
    Jeff Blau and 50 Hudson Yards (Credit: Foster + Partners) The $1.6 billion in construction financing issued to Related Companies for 50 Hudson Yards was Jeff Blau and 50 Hudson Yards (Credit: Foster + Partners) The $1.6 billion in construction financing issued to Related Companies for 50 Hudson Yards was...

    10/01/2017
    Related Companies and Oxford Property Group, for example, use three law firms for leasing at Hudson Yards: Fried Frank along with Gibson, Dunn & Crutcher for office leasing and Kasowitz Benson for retail...

    08/03/2017
    Stephen Winter of Related Companies and Bob Alexander and Howard Fiddle of CBRE represented the landlord, Related Hudson Yards, while Moshe Sukenik, Aaron Katz, Patrick Nalls, Michael Shuler and Brian Cohen of Newmark Knight Frank represented the tenant...

    06/08/2017
    With apparel retailers feeling the squeeze from online competition, grocers, food halls and restaurant tenants accounted for five of the 10 biggest retail deals inked in the With apparel retailers feeling the squeeze from online competition, grocers, food halls and restaurant tenants accounted for five of the 10 biggest retail deals inked in the...

    04/01/2017
    Outside of large renewals by McGraw-Hill and UBS, the largest lease of the year was Coach’s 694,000-square-foot sale/leaseback of its office condo at 10 Hudson Yards, in which the fashion retailer stayed put...

    02/24/2017
    The firm’s current projects include Vornado Realty Trust’s 220 Central Park South, and Related Companies’ 15 Hudson Yards and 70 Vestry Street...

    12/30/2016
    Related Companies has a hand in the two priciest condo developments accepted in 2016. The developer is shooting for a whopping $1.7 billion sellout at 15 Hudson Yards, the first residential tower at the Far West Side megaproject, and aiming for a more subdued $697.7 million at 70 Vestry Street in Tribeca...

    12/29/2016
    The majority of the firm’s work in New York is in collaboration with other architects. Two projects that were filed with the DOB this year â€' 509 West 34th Street and 50 Hudson Yards â€' catapulted the firm to the ranking’s top spot...
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