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
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Tracks inside the LIRR storage facility in
Hudson Yards (Credit: Alistair Gardiner for The Real Deal)
Gateway, a $20 billion proposal to expand the...
...London-based financial institution, after checking out spaces in
Hudson Yards and Downtown, ultimately renewed for 548,000 square feet at 452 Fifth, where TRD sources said the...
...More blue-chip action on the Far West Side:
Hudson Yards has already sucked the life force of Big Finance out of Midtown. Now it...
...a pair of adjacent sites they own in
Hudson Yards. Related signed a contract in September 2013 to buy its site at 517 West 34th Street...
...Times Square, the New York Times Building and 10
“All I did was turn my head from left to right and I could...
...in 2012 for $113 million.
In 2014, the company sold a
Hudson Yards development site to Frank McCourt for $167 million -- more than triple the price Sherwood...
...Development looks to build 1.1M sf project near
4. Sam Nazarian on the LA hotel market and potential merger with Hakkasan Group
...places such as the World Trade Center and
A year ago, absorption was at negative 1.8 million square feet, and during the last...
...Development looks to build 1.1M sf project near
5. The dirt gathers rust: All over NYC, projects are in limbo...
...for a planned 1.1 million-square-foot, mixed-use development south of
Jeffrey Levine’s development company is looking to rezone properties it owns on the...
Hudson Yards New York, Pixabay)
nyc resFrom LLNYC: The British are coming to Hudson Yards.D...
...respond to a request for comment.
Hudson Yards neighborhood, the site of a planned $3 billion development at 360 Tenth Avenue is also in...
...and investing two large-scale Tishman Speyer projects in
Hudson Yards and Downtown Brooklyn.
But Zell says he wouldn’t be surprised if investors make...
...Renderings of the Spiral in
Hudson Yards, the Wheeler in Downtown Brooklyn, Rob Speyer and Chen Feng (Credit: Tishman Speyer and...
...deal was not the only one in the
Hudson Yards area to be nominated. Newmark Grubb Knight Frank’s Paul Ippolito had received a...
HSBC scoped out spaces at Related Companies'
Hudson Yards, Brookfield's Manhattan West and the World Trade Center complex before finally deciding to stay...
...Avenue. The company, however, plans to move to 55
Hudson Yards in 2018. — Kathryn Brenzel...
...the chief providers of construction financing for the
Hudson Yards megadevelopment, is lending on the 18-story project at 151 East 86th Street, the Commercial Observer...
...Yards, which he referred to as "the next
...to move from its Midtown East home to
Hudson Yards in 2022.
Qatar Investment Authority
Unlike Vanguard and BlackRock , Qatar’s sovereign wealth fund isn...
...Daniel Loeb and a rendering of 55
Daniel Loeb's Third Point Management has a deal in place to move to Related...
...Ross, who came in at 186th place. The
Hudson Yards developer has a net worth of $7.4 billion, according to Forbes. Richard LeFrak, with $6.5 billion...
...reported. Vayner is already based at Related’s 10
Hudson Yards, signing a lease for roughly 90,000 square feet there in 2014.
Last year, Related joined with...
...in construction financing for an office tower at 30
Hudson Yards and the project's nearby retail component, but the package was made up of smaller...
...of upscale restaurants, luxury condos, and fancy boutiques.
Hudson Yards will have about 19 million square feet of housing, retail, and offices, and it is...
...-square-foot sale/leaseback of its office condo at 10
Hudson Yards, in which the fashion retailer stayed put.
There were no new industry-altering deals on...
...Trust’s 220 Central Park South, and Related Companies’ 15
Hudson Yards and 70 Vestry Street. “When others can’t move forward or secure financing, these developers...
...Clockwise from left: 161 Maiden Lane, 15
Hudson Yards, 70 Vestry Street, 460 West 42nd Street and 90 Morton Street
UPDATED, 2:00 p.m., Jan. 3: What a...
...Clockwise from left: Renderings of 50
Hudson Yards, Court Square City View Tower at 23-15 44th Drive (credit: United Construction and Development...
...when CPP began shopping it around in April.
Hudson Yards, $946 million (partial stake)
Buyer: Allianz SE
Brokerage: Eastdil Secured
The newest building...
...From left: 9 West 57th Street, 10
Hudson Yards, 1285 Sixth Avenue, 280 Park Avenue and 225 Liberty Street
UPDATED, Dec. 28, 4:50 p.m.: Manhattan’s real...
...the Related Companies and Oxford Properties Group’s
Hudson Yards, according to the New York Post.
Online clothing retailer Bonobos, meanwhile, has signed leases...
...during that time — led by big deals at
Midtown South leasing volume between the beginning of July and the end of October...
...to right: MTA CEO Thomas F. Prendergast and
Hudson Yards 7 train, Sheldon Solow and the Solow Building
We're really starting to see where the...
...through August 31, 2016. Deutsche lent $900 million on Related Companies’ 10
Hudson Yards office building, which opened earlier this year, and another $900 million on SL Green Realty...
...the Spiral, a 2.2 million-square-foot office tower planned for
Hudson Yards. The skyscraper's name is a reference to the building's design, which features step-like terraces...
...From left: Allianz CEO Oliver Bäte and 10
Hudson Yards, PGIM CEO Eric Alder and 11 Madison
Last month’s 10 most expensive investment sales in...
...Coach CEO Victor Luis and a rendering of 10
Hudson Yards, WeWork CEO Adam Neumann and 12 East 49th Street
Coach once owned its space at...
...the biggest mixed-used project in the country at
Hudson Yards on Manhattan’s Far West Side. That project will have office towers, hotels and...
...to modern skyscrapers that will soon open at
Hudson Yards, the reach these landlords have over New York’s rental landscape is extraordinary. And...
...in previously untapped areas of Manhattan, including around
Serhant, who in May landed a solo TV show on Bravo, said there’s...
...Companies, which secured several billion in loans for
Hudson Yards last year, did not use a broker, a spokesperson for the developer told TRD...
...million loan for the condo and rental building 15
Hudson Yards and a $918 million loan for the office building at 30 Hudson Yards. However, some insiders...
...bought a 740,000-square-foot office condo in Related Companies’ 10
Hudson Yards. While rumors have been swirling that Facebook is looking for about 500,000 square feet, one...
...leased three-and-a-half football fields of upcoming space at 10
Hudson Yards in December? Or that WeWork inked a new contract for yet another "coworking" utopia...
...From left: 10
Hudson Yards, on the left, the Bank of America Tower and the GM Building
UPDATED: 3:25 p...
...Located practically on top of the newly opened
Hudson Yards subway station, it should be getting a lot of company soon, as towers built...
...chair Gus Field. Brooklyn, Long Island City and
Hudson Yards are becoming increasingly viable options for tenants and landlords alike, he said.
...The program, which has helped fund projects like
Hudson Yards and Pacific Park, was extended for a year with no changes in December, despite...
...to capitalize on the extensive redevelopment in the
Hudson Yards area. The deal is expected to generate $915 million in rent for the landlord over...