Coinbase opening first NYC office at 55 Hudson Yards
Coinbase’s next big move? Opening its first New York City office. Fresh off its IPO, the cryptocurrency exchange platform...
Hudson Yards
Hudson Yards refers to both a development and neighborhood in New York City. The neighborhood stretches from Eight Avenue to the West Side Highway between roughly 30th and 42nd Streets. The neighborhood includes the Javits Center, a development from Brookfield Partners called Manhattan West, and arguably goes all the way to Penn Station. The Hudson Yards development spans a large portion of the neighborhood, housing over 100 shops and restaurants as well as office and residential towers and 14 acres of public plazas. It is built over the West Side Rail Yard. For more information, check out our research here.
Hudson Yards Q&A
What is in Hudson Yards?
The neighborhood is home to several large developments, the Javits Center, the top of the High Line park, and The Real Deal. The Hudson Yards development includes the Vessel, retail anchored by Coach, office spaces that house or will house companies such as BlackRock, BGC, VaynerMedia, SAP, and L'Oreal, luxury condo and rental towers, the Equinox Hotel, and The Shed.
Who built the Hudson Yards development?
The Hudson Yards project was a development by Related Companies and Oxford Property Group. It was designed by architectural firm Kohn Pederson Fox along with others including Thomas Heatherwick, who designed the Vessel, the structural landmark that sits in the center of the development.
When was Hudson Yards built?
Developers officially broke ground on the first stage of Hudson Yards on December 4, 2012. However, the development is built in some places on platforms over active rail yards, and drilling for the structures that support these platforms started in March of 2014. Construction is ongoing, but the first phase opened to the public in March of 2019. Completion is estimated in 2024.
How has the Hudson Yards neighborhood changed?
The Far West Side and Hudson Yards neighborhoods have changed dramatically as a result of new developments in the area. The High Line, renovated Javits Center, extension of the 7 train, and Hudson Yards developments have all brought an increased number of retailers, restaurants, and residents to the neighborhood. Attractions like the High Line and the Vessel have changed the face of the neighborhood and increased its attractiveness to tourists.
Want to know more?
Check out our Top Stories below for TRD’s most up-to-date coverage of Hudson Yards.
Hudson Yards Top Stories
July 14, 2019—As Related gets ready to celebrate the grand opening of Hudson Yards, TRD got a sneak peek of the megadevelopment’s observation deck.
June 25, 2019—Facebook is reportedly in talks to lease a 1 million-square-foot office space at 50 Hudson Yards.
April 17, 2019—SL Green Realty's bet on a Hudson Yards building appears to be paying off after the office landlord signed a massive lease with First Republic Bank.
The Latest
Vessel will reopen at Hudson Yards — with $10 fee, new security
When Related Companies unveiled Vessel, the sculptural staircase at the heart of the Hudson Yards megaproject, chairman Stephen Ross...
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Furnished Quarters, a short-term rental company that predates Airbnb by a decade, is facing legal challenges. Four landlords have...
Big year seen for hotel openings, despite few visitors
Tourists have yet to come back to New York City, but new hotels are projected to open en masse...
“More churros, less cops”: Vendors and Related face off
Restaurants inside the Hudson Yards mall have struggled through the pandemic, but now a food fight has erupted outside,...
Rob Gronkowski buys Hudson Yards home for $7M
The Bloomberg administration originally planned a stadium for the New York Jets at Hudson Yards. But instead of playing...
Stephen Ross, wife to divorce after 18 years
Related Companies chairman Stephen Ross and his wife Kara are going their separate ways. The billionaire developer and his...
Related’s 15 Hudson Yards lands $108M condo inventory loan
After a rough year for luxury condo sales in Manhattan, Related Companies and Oxford Properties Group sewed up a...
MAC wants to sublease 4 NYC stores
MAC Cosmetics is the latest brand to try its hand on the retail subleasing market. The four stores that the cosmetics brand is looking to sublease are located at 165 Smith Street in Brooklyn,...
Insights
Here’s what tenants pay at the redeveloped Hudson Commons
Hudson Commons, a former warehouse, underwent a transformation in recent years, just in time for the surge in tech...