hudson yards

hudson yards, real estate trends

Image by Timothy Schenck; courtesy of Related-Oxford

Facebook this week has signed a lease for 1.5 million square feet of office space across three buildings at Hudson Yards. Starting next year, the tech company will expand to 30 Hudson Yards, 55 Hudson Yards, and 50 Hudson Yards, the latter which will not be open until 2022 and will consist of the bulk of the lease at 1.2 million square feet.

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affordable housing, hudson yards, Lower East Side, Major Developments

Is Essex Crossing the ‘anti-Hudson Yards’?

By Michelle Cohen, Thu, November 7, 2019

Rendering of Essex Crossing via Moso Studio

The New York Times recently suggested that the boxy, ordinary-looking Essex Crossing, with its Trader Joe’s, Target, movieplex, historic Essex Street Market and subsidized affordable housing was the “anti-Hudson Yards,” a convincing foil to the buzzy midtown tourist magnet. The obvious contrast between the glittering far-west-side megaproject that in the right light resembles Dubai on the Hudson and the six-acre $1.9 billion development abutting the Williamsburg Bridge speaks to each one’s intended audience, of course. But a diversity of options for both locals and visitors and a broad offering of affordable housing could make Essex Crossing more than just Liverpool on the Lower East Side.

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hudson yards

Edge, hudson yards, observation deck

Image courtesy of Related Oxford.

6sqft reported back in March that Hudson Yards had opened a reservation list to experience Edge, the observation platform perched at a record-setting 1,100 feet in the sky. Now you can officially buy tickets to the Western Hemisphere’s highest outdoor sky deck. Visitors can gaze out on a 360-degree view of New York City’s iconic skyline from the champagne bar, or peer down through a glass floor. The platform-in-the-clouds will open on March 11, 2020; you’ll be able to sip cocktails or get a light bite at the 100th-floor bar or dine at Peak, the 101st-floor restaurant, café and event space.

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Art, Chelsea, hudson yards

Shuli Sadé’s Wild, Heterotopias; courtesy of Related Companies

A new art exhibit that opened last week at the High Line Nine in Chelsea appears to be an empty room of blank walls. But the exhibition, titled “Art Has No Limits,” actually features art hidden in plain sight. Through the augmented reality art app Aery, visitors have access to multiple shows by different artists in the same space, at the same time. The new exhibit, which opened at the gallery between West 27th and West 28th Streets on Sunday, shows off work by photographer Shuli Sadé and neo-conceptual artist Richard Humann.

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Featured Story

Features, hudson yards, Restaurants, Where I Work

All photos taken by James and Karla Murray exclusively for 6sqft.

When New York Times food critic Pete Wells visited José Andrés’ Mercado Little Spain, he declared that it had “more great food and drinks per square foot than anywhere else in New York.” From Ibérico hams and Peking duck to the seemingly simple yet ever-pleasing pan con tomate, the food at Hudson Yards’ Spanish market has certainly made its mark on the gastronomy scene. But what sets Andrés apart from other chefs and restauranteurs is his entire vision. Mercado Little Spain is designed as a series of “streets,” with the various kiosks leading guests on a curated experience. Most of the design elements and materials were sourced from Spain, and the artists commissioned represent different regions of the country.

To bring his vision to life, Andrés assembled a stellar team, including Michael Doneff, the Chief Marketing Officer at his ThinkFoodGroup; Juli Capella, co-founder of Spanish architecture and design firm Capella Garcia Architecture; and NYC-based design studio (and NYC food hall experts) ICRAVE. Ahead, take a behind-the-scenes tour of Mercado Little Spain and hear from all these amazing and talented collaborators on what it was like working on the project.

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hudson yards

Photo by Iwan Baan, courtesy of The Shed

After news broke last month about the Hamptons fundraiser Related Companies CEO Stephen Ross hosted for President Donald Trump, there were calls to boycott organizations owned by his company. While Equinox, SoulCycle, and David Chang’s Momofuku Restaurant Group separated themselves from Ross to clear the air, some fashion brands have more recently blacklisted Ross-linked entities, including the arts center The Shed at Hudson Yards, which was developed by Related. The New York Post reported this week that Michael Kors, Vera Wang, and the Academy of Art have canceled shows at the venue following the fundraiser fallout in August.

Is The Shed so last year?

hudson yards, Restaurants

35 hudson yards, oxford related, David Childs, Skidmore, Owings & Merrill, Tony Ingrao, equinox hotel

Photo by Timothy Schenck for Related-Oxford

One of the city’s most elite supper clubs is set to open this October at 35 Hudson Yards—and early reports say it’s so exclusive that even residents of the luxury building (where apartments start at $5.1 million) won’t be able to afford a membership. “It’s not for residents,” a source familiar with the project told the New York Post. “It’s for the developer’s super-rich buddies and CEO friends.” Details about the luxe club, which will be called WS New York,  are being kept on the down-low but its website boasts “unparalleled access to the finest wine and spirits, world-class dining, and one-of-a-kind cultural events” offering guests an “insider perspective on rarified worlds.”

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hudson yards, Major Developments

hudson yards, nyc, west side

Photo of Hudson Yards via Flickr

As Related Companies CEO Stephen Ross continues to face backlash for throwing a fundraiser on Friday for President Donald Trump, his company is dealing with some drama of its own. Plans submitted a year ago to the Long Island Rail Road for the second phase of the Hudson Yards development have still not been approved by the agency, the New York Post reported.

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hudson yards

Image by Timothy Schenck; courtesy of Related-Oxford

In June, reports surfaced that Facebook was considering a lease for one million square feet of office space at 50 Hudson Yards, but the latest news from sources close to the deal indicate that the social media company will scoop up an even bigger footprint. As Crain’s most recently reported, Facebook is negotiating a lease for 1.5 million square feet across several Hudson Yards properties, with some sources saying that number could expand up to 1.8 million square feet.

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Cobble Hill, hudson yards, little italy, real estate trends, Recent Sales, Tribeca

Hudson Yards, Vessel

Photo: Ajay Suresh via Flickr.

According to Property Shark’s just-released ranking of New York City’s most expensive neighborhoods, Tribeca once again takes the top spot in residential sales with a median price of $4.34 million. The bigger news is Hudson Yards, on the list for the first time as the city’s second-costliest neighborhood in Q2 of 2019 at $3.86 million. Also notable was Little Italy, the city’s third most expensive neighborhood, which saw median home prices increase by 153 percent over last year’s numbers.

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