Along with its glassy towers on the rise and big-name corporations leasing office space, the Hudson Yards district is now displaying another show of how the mega-development is pushing the once-desolate Midtown West area forward–the announcement of a 60,000-square-foot Whole Foods. The green grocer will move into Brookfield Property’s eight-acre Manhattan West complex, located at 5 Manhattan West on the corner of 10th Avenue and West 31st Street, directly across from Related’s Hudson Yards. Echoing the sentiment of the “Whole Foods effect“–the pattern of real estate values increasing when high-end grocery stores open nearby, both due to convenience and prestige–a press release from the developer says the news “is a significant first step in creating a first-of-its-kind global retail hub at Manhattan West.”
Back in September, Related Companies chairman Stephen Ross finally unveiled the large-scale artwork that would anchor the central public space within Hudson Yards. As Ross revealed, Thomas Heatherwick was chosen to design the piece, and it would cost an incredible $150 million to build. Dubbed “The Vessel,” the climbable sculpture would rise 16-stories—150 feet tall, 50 feet wide at its base and 150 feet wide at the top—and consist of a web of 154 concrete and steel staircases with 2,500 steps, 80 landings and an elevator; the piece, in fact, so massive that it could comfortably accommodate 1,000 visitors at a time. The sculpture was to be constructed in Monfalcone, Italy before being shipped to its home on the Hudson River. And now CityRealty reports that parts of what Ross once called “New York’s Eiffel Tower” have officially arrived at the site and await assembly.
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.
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.
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.
An estimate by the New York Building Congress has construction spending in 2016 at more than $43.1 billion, beating the $41.6 billion high of 2007 and reflecting a 26 percent increase from last year’s $34.4 billion, the Wall Street Journal reports. The surge in construction, led by mega-project Hudson Yards on Manhattan’s West Side and public projects like the Second Avenue Subway, has led to rising construction costs and an attendant surge in the demand for skilled labor, bringing workers to the city from all over the U.S.
Model unit designed by Lillian August
After launching its affordable housing lottery for 120 below-market rate units back in May, 555Ten has revealed pricing for its 478 market-rate rentals, ranging from $3,150/month studios to $6,250/month two-bedrooms. Designed by SLCE Architects and developed by Extell, the 610-foot, 53-story glassy skyscraper will offer an over-the-top amenity package (including a dog run, two salt water pools, and a bowling alley) and custom-designed interiors from McGinley Design. The model units are open for business, and we’re told that the amenity spaces will start to reveal themselves later this week in anticipation of November occupancies.
In anticipation of its sales launch, 15 Hudson Yards released a slew of new renderings last month, showcasing “new views of the bundled quad of cylinders that make up its body, as well as its rectilinear base that will abut the Shed,” as 6sqft reported. And now without further ado, listings for the 285 market-rate condos (there will also be 106 affordable rentals) have officially come online, ranging from a $3.7 million two-bedroom on the 25th floor to a $13.8 million penthouse on the 84th floor, according to Curbed.
Developer Tishman Speyer has officially filed plans with the Department of Buildings for Bjarke Ingels‘ Hudson Yards tower The Spiral at 509 West 34th Street. As reported by The Real Deal, the filing confirms that the office tower will rise 65 stories and 1,005 feet and encompass 2.2 million square feet. When renderings were first released of the $3.2 billion project, which is distinguished by cascading landscaped terraces and hanging gardens, Ingels said his design “combines the classic ziggurat silhouette of the premodern skyscraper with the slender proportions and efficient layouts of the modern high-rise.”
It was nearly three years ago that Related Companies chairman Stephen Ross boasted that Hudson Yards‘ public art piece would be “New York’s Eiffel Tower,” and after an unveiling today of the massive sculpture that will anchor the central public space, it seems he might not have been too far off.
15 Hudson Yards, the first of two residential towers that Related Companies and Oxford Properties have planned for the massive complex, started its climb into the far west side skyline back in March, and now, seven months later, it’s readying for a sales launch this week. According to a press release, condos will start at about $2 million for one-bedrooms and go up to $30 million for the penthouses.
To coincide with the 285 market-rate condos hitting the market (there will also be 106 affordable rentals, for which details have yet to be released), YIMBY has gotten its hands on new renderings of the 910-foot building, which, as 6sqft previously described, has been dubbed the “Morph Tower” for its “curvaceous and feminine design” from Diller Scofidio + Renfro in collaboration with Rockwell Group. The images provide new views of the bundled quad of cylinders that make up its body, as well as its rectilinear base that will abut the Shed.
6sqft revealed renderings at the beginning of the year of Skidmore, Owings & Merrill‘s Hudson Yards-adjacent, five million-square-foot Manhattan West project, which “will include two office towers, a rental tower with 844 apartments at 435 West 31st Street, retail space and a new landscaped public plaza designed by James Corner Field Operations, the firm responsible for the design of the High Line.” As of Tuesday, September 6th, New Yorkers earning 60 percent of the area median income can apply for 169 affordable apartments in the residential tower; they’ll range from $913/month studios to $1,359/month three-bedrooms.
Just this week, BKSK Architects’ dapper new mixed-use tower in the Hudson Yards district topped off at 345 feet. Located at 509 West 38th Street and dubbed the Hi-Side, the 30-story building is just four blocks from the new 7 train stop and adjacent to the forthcoming Hudson Park Boulevard. When it opens its doors next year, it will offer 225 rentals, 46 of which will be reserved for New Yorkers earning 60 percent of the area media income. As of tomorrow, the latter batch of residences will be up for grabs through the city’s affordable housing lottery, with units ranging from $913/month studios to $1,183/month two-bedrooms.
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The opening of the first Hudson Yards tower dominated headlines Tuesday, but with this milestone also came a resurgence of criticism. As Crain’s reports, the Independent Budget Office has released a new study (pdf) highlighting that, to date, the city has spent nearly $359 million paying interest on $3 billion in bonds that were taken out to pay for infrastructure around Hudson Yards, including the expansion of the 7 train. The city had originally anticipated spending between just $7.4 and $205 million from start through 2016.
10 Hudson Yards, the first building in what is one of the country’s largest construction sites, is officially open for business on Manhattan’s far west side. Fashion brand Coach is in the process of moving its headquarters to the 900-foot, 52-story mixed-use structure–known as Coach Tower–from its former location a few blocks away, the Wall Street Journal reports. For the luxury brand, the move represents an important milestone in a quest to re-establish its upscale image. The deal to move into a 738,000-square-foot office in the Kohn Pederson Fox-designed building made headlines when it was announced in 2013.
Coach invested $750 million to buy the retail condo space for its new headquarters. Coach’s design team worked with STUDIOS Architecture on their new workspace and dedicated entry lobby, which will feature a replica of the company’s famed product library: On display will be 2,000 handbags from past times to present, viewable by High Line visitors.
Last September, 6sqft reported the topping out of Extell Development‘s 610-foot-tall, mixed-use tower quietly rising at 555 Tenth Avenue and 41st Street. Now fully sheathed in glass, the development team kicked off its housing lottery for the building’s 120 below-market rate units, priced from $910 per month for studios up to to $1,315 for three-bedrooms.
Designed by SLCE Architects, the 53-story, 725,000-square-foot structure rises one block west of the Port Authority Bus Terminal and two avenues west of the 42nd Street A/C/E train station with its connection to Times Square. The building is within the emerging Hudson Yards area, which over the next decade will usher in thousands of residential units and millions of square feet of new office space. Across from the tower, an additional 7-train subway station may be constructed to meet the increasing number of residents in the area.
On the heels of the news that Hudson Yards will add $18.9 billion to the city’s GDP and the reconfirmation that the developers will build an iconic $200 million sculpture at the center of the plan’s plaza, Related quietly launched a new Hudson Yards Living website, providing general information for prospective residents and a few new images of the $20 billion master plan.
According to a recent study, economic activity at the $20 billion Hudson Yards West Side development–the nation’s largest construction site–will contribute $18.9 billion to the city–more than the gross domestic product of Iceland ($15.3 billion), Crains reports. The study, commissioned by the project’s developer, Related Cos., predicts that the companies projected to occupy the massive project that will stretch between West 30th Street and West 34th Street along the Hudson River will generate economic activty in the form of, among other things, salaries for new jobs and money paid to the MTA by the developer both during the 14-year construction period and once the development is complete in 2025.
New York architect and longtime visionary Eytan Kaufman has drawn up a conceptual plan to connect the final leg of the High Line to a new island/pier in the Hudson River. Currently, the High Line gets tantalizingly close to the waterfront in its final spur around Hudson Yards, but then swerves inland towards an anticlimactic end at the Jacob Javits Center. Kaufman’s scheme called Hub on the Hudson would build a pedestrian bridge over the West Side Highway, shuttling people from the elevated park to a sprawling, circular-shaped cultural and recreational center. It’s quite similar to Barry Diller’s proposed Pier 55 floating park, which is planned for a Hudson River site slightly farther south in the Meatpacking District.
Extending more than 700 feet into the river, and spanning nearly nine acres in size, the pie-in-the-Hudson plan would build five interconnected pyramid-shaped buildings, comprised of an art center, restaurants, and publicly accessible open spaces. A circular elevated promenade would encircle the island, which Kaufman says would contrast to the linear procession of the High Line. At ground level there will be a central reflecting pool with a promenade leading out to a marina. The pentagonal, pyramidal and circular themes expressed in the plan make its spiritual intentions quite clear: To sail the High Line’s tourists back home.
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The foundation mat has been poured, and Hudson Yards‘ first residential building, Tower D at 15 Hudson Yards, is beginning its climb into the burgeoning far west side skyline. Situated alongside the High Line, at the northeast corner of West 30th Street and Eleventh Avenue, 15 Hudson Yards will house nearly 400 apartments and soar more than 900 feet high upon completion. Discounting the enormous spire on the New York Times Building, the tower will be for a short while the tallest building in Manhattan west of Eighth Avenue. It will also abut the Culture Shed, likely to be the city’s next great cultural venue.
The skyscraper will be the first of two residential towers that Related Companies and the Oxford Properties have planned for eastern rail yards. The second will be the 1,000-foot-tall 35 Hudson Yards, and they will join the 900-foot Coach Tower at 10 Hudson Yards and the 1,296-foot 30 Hudson Yards.
The Post reported last week that the Hudson Yards 7-train subway station, which opened just this past September after more than ten years of planning and delays, was a “disgusting, moldy mess,” noting that “leaks, flooded bathrooms and water damage” had put nearly half the escalators out of service. According to a plumber, it’s due to poor construction, with the ceilings not being made waterproof. If this wasn’t disturbing enough, especially considering the station’s $2.45 billion price tag, the Times has new information straight from the MTA: “A spokesman for the authority, Kevin Ortiz, said the contractor, Yonkers Contracting, would pay $3 million to fix the leaks. The work began last Friday and will take up to three months, Mr. Ortiz said.”
Demolition permits were filed yesterday to take down two small structures near the corner of West 31st Street and Dyer Avenue. Situated directly across from Brookfield’s Manhattan West residential tower and just east of Hudson Yards, the parcel is owned by Arisa Realty, who purchased the buildings for $11 million in August of 2014. A revised new building application shows that the two- and one-story structures will be replaced by a 107,853-square-foot, 210-room hotel. The project’s scale has been revised upward since initial filings, growing an additional 12,000 square feet and rising 25 stories instead of 21.
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Carter Uncut brings New York City’s breaking development news under the critical eye of resident architecture critic Carter B. Horsley. This week Carter brings us the third installment of “Skyline Wars,” a series that examines the explosive and unprecedented supertall phenomenon that is transforming the city’s silhouette. In this post Carter zooms in on Hudson Yards.
The Hudson Yards neighborhood in Far Midtown West is one of the country’s most active construction areas. Construction cranes dot its emerging skyline and dozens more are promised now with the district’s improved connection to the rest of the city. Last fall, the 7-line subway station at Eleventh Avenue and 34th Street opened with one-stop access to Times Square. The newly-minted station features a lengthy diagonal escalator bringing commuters to the front-door of the huge mixed-use project being created over the rail yards west of Tenth Avenue between 30th and 33rd streets. Originally, a second station was contemplated on 41st Street and Tenth Avenue but transit officials claimed it could not afford the $500 million expenditure, despite the enormous amount of new residential construction occurring along the far West 42nd Street corridor.
Nevertheless, the finished Hudson Yards station deposits straphangers into a new diagonal boulevard and park between 10th and 11th Avenues that will ultimately stretch from the Related Companies / Oxford Property Group’s Hudson Yards master plan northward to 42nd Street.
On Monday, 6sqft brought you the latest reveal from starchitect Bjarke Ingels, a cascading supertall tower set for Hudson Yards and known as the Spiral. It caught people’s attention not only for the architect attached to it, but for its series of landscaped terraces and hanging gardens that twist around its glassy facade. The interior views are just as flashy, with office workers mingling around the indoor/outdoor atria and the sunlight pouring in through the massive windows.
Some have pointed out, though, that this all looks a little familiar. Bjarke employed a similar scheme for 2 World Trade Center, where a stepped facade creates a series of terraces that blur the lines between interior and exterior. And both his newly revealed High Line towers and VIA 57 West tetrahedron boast angled facades and tout their incorporations of courtyards. But is this a bad thing — that an architect has a distinct style? Let us know your feelings on the Spiral.
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One year since groundwork began, 55 Hudson Yards is starting its ascent into the the far west side skyline. The future 51-story, 1.3-million-square-foot tower is the third office building to rise from the 28-acre Hudson Yards master plan, behind the Coach building at 10 Hudson Yards and Time Warner’s 30 Hudson Yards. Fifty-Five Hudson is being spearheaded by a partnership between Mitsui Fudosan America, Inc. (MFA), Related Companies, and Oxford Properties Group. Previously the parcel was owned by Extell Development who once planned a diagrid-ed skyscraper named One Hudson Yards (formerly the World Product Center).
The site is positioned just north of the west side rail yards on a full-block parcel bound by Hudson Yards Boulevard, Eleventh Avenue, West 34th Street and West 33rd Street. The building will open onto the new Hudson Boulevard and the recently open subway station for the 7 train. A brick-faced ventilation building that serves the subway extension rises from the southwest corner of the parcel and will be absorbed into the building’s massing.
It seems safe to say at this point that two of starchitect Bjarke Ingels‘ favorite architectural elements are stepped facades and integrated natural spaces. His latest creation, an office tower appropriately dubbed the Spiral, incorporates both of these features, with a “cascading series of landscaped terraces and hanging gardens as its signature element,” according to a press release sent out today.
The 1,005-foot-tall, 65-story tower will rise at 66 Hudson Boulevard, at the intersection of the High Line and Hudson Yards, occupying the full block bound by West 34th Street, West 35th Street, 10th Avenue, and the four-acre Hudson Boulevard Park (BIG is also designing a pair of towers at the southern end of the High Line). Ingels said his conceptual design “combines the classic ziggurat silhouette of the premodern skyscraper with the slender proportions and efficient layouts of the modern high-rise.”
Architecture firm Skidmore, Owings & Merrill (SOM) has released new drawings of the Brookfield Properties-developed Manhattan West project located between 32nd and 33rd Streets and Ninth and Tenth Avenues, Dezeen reported today. The glass-clad Manhattan West towers–punctuated by green public space–will be rising next to the Hudson Yards development.
The five-million-square-foot project will include two office towers, a rental tower with 844 apartments at 435 West 31st Street, retail space and a new landscaped public plaza designed by James Corner Field Operations, the firm responsible for the design of the High Line.
Curbed reports that Related Companies and Oxford Properties Group officially announced the signing of private equity firm KKR & Co. for 343,000 square feet of their upcoming mega-tower at 30 Hudson Yards. Marking the event, the developers have released a slew of renderings for the project, which is rising from the southwest corner of 33rd Street and Tenth Avenue.
The 90-story building will soar nearly 1,300 feet high, and the deal dictates that the firm will occupy the supertall’s top ten floors. KKR will have a dedicated elevator bank, a private sky lobby, and access to the tower’s hotly anticipated observation deck (which will be the highest in the city). The firm will relocate from the Solow Building at 9 West 57th and is slated to occupy the space by 2020.
Google Street View of the McDonald’s site with other Hudson Yards construction in the background
Crain’s reports that the Related Companies has bought the site of a McDonald’s at 34th Street and 10th Avenue for an undisclosed sum, the final parcel needed to build 50 Hudson Yards. The fast food chain has owned the property for decades, but at the end of last month, the company notified the state that it would lay off all of the location’s 65 employees by the end of 2015. Though no formal designs have been released for the corner lot, the developer’s website tentatively envisions a 2,300,000-square-foot commercial tower that would reach 62 stories and higher than 1,000 feet.
Related Companies‘ new mixed-use rental tower at the front door of Hudson Yards is forging ahead. Located at 530 West 30th Street, just south of the towering Coach Tower (10 Hudson Yards) and west of the recently finished Abington House (also developed by Related), the 28-story building will bring 174 new rental homes to the rapidly evolving neighborhood. 530 West 30th shares its lot with 529 West 29th Street, an all-affordable, 126-unit building Related opened last year with apartments set aside for artists, seniors, and local residents of Community District 4.