Related Companies

hudson yards, real estate trends

Photo courtesy of Francis Dzikowski for Related-Oxford

Neiman Marcus is closing its massive flagship store at Hudson Yards just weeks after filing for bankruptcy in May and a little over a year after first opening at the development. The retailer will also permanently close three other locations, two stores in Florida and one in Washington, according to the Dallas Morning News. Hudson Yards developers Related Companies and Oxford Properties have already started marketing the 190,000-square-foot space as office space.

Details here

affordable housing, housing lotteries, Roosevelt Island

Photo by Shinya Suzuki on Flickr

Applications are now being accepted for 313 mixed-income apartments at a new high-rise rental on Roosevelt Island. Developed by Related Companies and Hudson and designed by Handel Architects, Riverwalk Park is a 21-story permanently affordable building, part of a nine-building planned community on the Island. Qualifying New Yorkers earning 40, 50, 80, 130, and 165 percent of the area median income can apply for the apartments, ranging from a $506/month studio to a $3,432 three-bedroom.

Do you qualify?

Architecture, condos, hudson yards

skytop, related-oxford, 15 hudson yards

Image by Scott Frances for Related-Oxford

Adding to Hudson Yards’ height superlatives, the city’s highest outdoor residential amenity space has opened at 15 Hudson Yards. Rising 900 feet in the air, “Skytop” features 6,000 square feet of curvy indoor-outdoor space, which follows the shape of the building’s crown. Designed by Diller Scofidio + Renfro with interiors by Rockwell Group, the amenity space offers unobstructed views of the Hudson River and beyond.

See the sky-high views

Architecture, Chelsea, condos, New Developments

lantern house, 515 west 18th Street, Chelsea

Courtesy of Related Companies

Sales have officially launched at Thomas Heatherwick’s condo project on the High Line, developer Related Companies announced Tuesday. Located at 515 West 18th Street, Lantern House consists of two bubbled towers that straddle the elevated park, one at 10 stories and 22 stories. Pricing for the residences, which include one- to four-bedroom units, start at roughly $1.395 million and go up to about $17 million. And more details on the building’s amenity spaces were released, with renderings now available of the Equinox-curated health club with a swimming pool, outdoor terrace, roof deck, and private dining space.

See inside

hudson yards, Urban Design

high line, western yard, related companies, hudson yards wall, major developments

Rendering courtesy of Related Companies

“There has never been a wall along the High Line and there will never be a wall,” Hudson Yards emphasized on Twitter today in response to reports that a 700-foot wall will turn the next phase of development into a veritable gated community. Plans for the Western Yard always included paving over the remaining tracks with a deck that would slope down toward the High Line, but last week, it was reported that developer Related Companies was floating around an idea that would have the deck slope up instead to accommodate a parking garage underneath. It would also essentially wall off the new development’s green space and overshadow the High Line. However, Hudson Yards continued in its series of Tweets, “We have always shared the vision that the Western Yard should include a great public open space.”

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Architecture, hudson yards

Image by Timothy Schenck; courtesy of Related-Oxford

Related Companies is gearing up for the second phase of Hudson Yards—the Western Yard—but there’s uncertainty about what exactly the developer has planned. To balance the addition of another batch of towering skyscrapers, the Western Yard promised to open itself up to the public with a new school and accessible, High Line-adjacent green space. Now Related appears to be considering walling that part of the development off with a 700-foot-long structure “that would overshadow the High Line, accommodate a parking garage and help make the site more like a quasi-gated community,” as the New York Times reports.

More details

Architecture, Chelsea, condos, Interiors, New Developments

515 West 18th Street, Lantern House, High Line condo, Thomas Heatherwick

Photo of Lantern House on 1/3/20 by CityRealty

Related Companies has released new renderings of the residential interiors in Thomas Heatherwick’s Lantern House condo development on the High Line. The quirky towers—one is ten stories tall and the other rises to 22 stories—flank the High Line at 18th Street and stand out with their billowing glass walls that reinterpret “the modern bay window.”

Check out the renderings

Architecture, Chelsea, condos, Design, New Developments

Lantern House, 515 west 18th street, Thomas Heatherwick

Rendering courtesy of Related Companies

New renderings were released this week of Thomas Heatherwick’s first residential project in the United States, providing a peek inside one of New York City’s most unique new buildings. Developed by Related Companies, Lantern House consists of two High Line-flanking towers, one at 10 stories and the other at 22 stories, both with glassy bubbled exteriors. Four new images reveal its freestanding glass lobby pavilion which connects the two buildings and is pierced by two beams from the elevated park above.

See inside

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.

Get more details here

hudson yards, New Developments

The site at 451 10th Avenue in 2018, with Hudson Yards to the south; via Google Streetview

A joint project from Related Companies and Eliot Spitzer would bring over 100 units of senior housing near Hudson Yards, the Real Deal reported on Wednesday. According to permits filed with the city last week, the 44-story mixed-use tower at 451 10th Avenue will include 126 “long-term care facility dwelling units.”

More here

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Archtober2020