50 Hudson Yards

Russ & Daughters opens new location in Hudson Yards

Russ & Daughters on the Lower East Side; Photo by Sali Sasaki on Flickr

July 18, 2023

Russ & Daughters opens new location in Hudson Yards

The 110-year-old Lower East Side icon Russ & Daughters officially opened a new location in Hudson Yards this week. Located on the ground floor of the skyscraper 50 Hudson Yards at 34th Street and 10th Avenue, the 4,500-square-foot shop sells its signature Jewish specialties like smoked fish, bagels, bialys, and babka and offers seat-yourself dining and soon-to-open caviar and champagne bar.
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Food & Dining

Norman Foster’s 78-story office tower opens in Hudson Yards

Photo © Nigel Young / Foster + Partners

October 20, 2022

Norman Foster’s 78-story office tower opens in Hudson Yards

By Devin Gannon

A boutique luxury office building designed by Norman Foster officially opened in Hudson Yards this week. Described as "multiple buildings within a building," 50 Hudson Yards is a 1,011-foot-tall tower that takes up a full block between Hudson Boulevard and 10th Avenue, between 33rd and 34th Streets. Developed by Related Companies, Oxford Properties, and Mitsui Fudosan America, 50 Hudson Yards is already over 84 percent leased, with Meta and BlackRock as two of the tower's anchor tenants.
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New Developments

Russ & Daughters will open new location at Hudson Yards skyscraper

Rendering courtesy of Hudson Yards

October 17, 2022

Russ & Daughters will open new location at Hudson Yards skyscraper

By Aaron Ginsburg

Iconic New York City culinary institution Russ & Daughters is opening a new outpost in Hudson Yards next year. The 109-year-old mainstay of the Lower East Side will serve its famed Jewish delicacies on the ground floor of 50 Hudson Yards, a Foster + Partners-designed skyscraper that topped out last year. As the New York Post first reported, the new location, opening in the spring of 2023, will take up 4,500 square feet and offer hand-sliced fish, a glass-enclosed bagel bakery, and a caviar and champagne bar.
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Food & Dining

Facebook snags 1.5 million square feet across three buildings at Hudson Yards

Image by Timothy Schenck; courtesy of Related-Oxford

November 14, 2019

Facebook snags 1.5 million square feet across three buildings at Hudson Yards

By Devin Gannon

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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Real Estate Trends

Apple expands its search for new Manhattan office space

Photo of Hudson Yards via Flickr

August 15, 2019

Apple expands its search for new Manhattan office space

By Alexandra Alexa

Several of the world's biggest tech companies have been ramping up their Manhattan real estate search in recent months. The latest news comes from Apple, who is reportedly seeking up to 750,000 square feet of new office space, according to The Real Deal. In February, 6sqft reported that the California-based company was close to securing space at 55 Hudson Yards, but those plans have changed. Sources told The Real Deal that Apple is now considering leases at neighboring 50 Hudson Yards, the Farley Post Office, and One Madison Avenue, with brokers Martin "Mack" Horner and Peter Riguardi of JLL leading the search.
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Real Estate Trends

Facebook is close to securing new office space at 50 Hudson Yards

Image courtesy of Related-Oxford

June 25, 2019

Facebook is close to securing new office space at 50 Hudson Yards

By Alexandra Alexa

The technology sector at Hudson Yards may soon see a big boost. According to reports by Crain’s, Facebook is negotiating on a one million+ square foot space at 50 Hudson Yards, the 1,000-foot-tall office tower co-developed by Related and Oxford Properties Group that became the city’s most expensive office building at $4 billion. The arrival of Facebook would solidify the Midtown neighborhood as a major tech hub in the city. Amazon—who already occupies offices at 5 Manhattan West—is rumored to be looking at additional space in neighboring 2 Manhattan West.
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Uncategorized

Hudson Yards will ‘officially’ open on March 15

Rendering courtesy of Related/Oxford.

January 23, 2019

Hudson Yards will ‘officially’ open on March 15

By Michelle Cohen

Though it seems hardly a week can go by without a flurry of news from Manhattan's newest instant neighborhood, Hudson Yards, the west side mega-project–the largest private development in the nation's history–developed by Related Companies and Oxford Propertied Group now has announced that Friday, March 15th will be its official opening date. In addition to a grand opening celebration, the Public Square and Gardens and the neighborhood's centerpiece, Thomas Heatherwick's "Vessel," are set to open on that date; more importantly, The Shops and Restaurants at Hudson Yards will be officially open.
Off to quite a start

Real Estate Trends

Norman Foster’s 50 Hudson Yards gets $195M in tax breaks from the city

By Dana Schulz

When completed, Related Companies‘ and Oxford Properties Group’s 50 Hudson Yards will be the city's most expensive office building, coming in at $3.94 billion. To make starchitect Norman Foster's pricey vision a reality, the developers had filed an application with the New York City Industrial Development Agency to take advantage of financial incentives that were enacted in 2006 to encourage development in Hudson Yards. And according to a new report in Crain's, the agency has approved $195 million in such tax breaks, which include making fixed payments towards the 985-foot tower's development costs instead of paying property taxes that vary from year to year, as well as receiving a discount on the mortgage recording taxes.
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January 4, 2017

Norman Foster’s 50 Hudson Yards will be city’s most expensive office building at $4B

By Dana Schulz

It's been less than a month since it was revealed that starchitect Norman Foster would be designing the Related Companies' and Oxford Properties Group's 50 Hudson Yards commercial tower, but the developers have already pegged the cost of the project at $3.94 billion, which will make it the city's most expensive office building, reports The Real Deal. The 985-foot tower, where BlackRock has already signed a 20-year lease for 15 floors, will surpass One Vanderbilt's projected $3.14 billion price tag and Bjarke Ingels' planned $3 billion+ High Line tower known as The Spiral, as well as One World Trade Center's current record of $3.8 billion.
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December 8, 2016

Norman Foster will design 985-foot tower at 50 Hudson Yards

By Dana Schulz

It's been 14 months since developer Related Companies bought the site of a former McDonald's at 34th Street and 10th Avenue, the final parcel needed to complete Hudson Yards. Initial reports said the site of 50 Hudson Yards would hold a 62-story, 1,000+ foot commercial tower, but Related and Oxford Properties Group have now revealed that the structure will rise 58 stories and 985 feet and be designed by starchitect Norman Foster. As first reported by Curbed, the news comes on the heels of BlackRock's decision to sign a 20-year lease for 15 floors, or 850,000 square feet, in the building, leaving their long-time Park Avenue home in a show of confidence in the mega-complex.
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