Related Companies

Design, Long Island City, Queens, real estate trends

newtown creek, amazon, long island city

Rendering of the Hunters Point South project, courtesy of NYCEDC

An eight-acre, 1.6 million-square-foot residential site next to Hunters Point South is for sale, a piece of land owned by a family for generations. According to the New York Post, the site could potentially bring in $480 million if targeted to market-rate condominiums since land in Long Island City sells for roughly $300 per square foot. The triangle-shaped plot of land found at 55-01 Second Street and bounded by 54th Avenue and Vernon Boulevard, sits on Newtown Creek, an estuary that forms part of the border between Brooklyn and Queens. The site might make the perfect spot for Amazon’s second headquarters as the tech giant seeks 500,000 square feet for their HQ2 by 2019.

Find out more

Art, Construction Update, hudson yards, More Top Stories

hudson yards, the vessel, thomas heatherwick

Construction progresses on the Vessel, photo courtesy of CityRealty

In April, construction began on Hudson Yards’ Vessel, a 150-foot-tall steel structure designed by Heatherwick Studio and its 100,000 pound-components were put in place by crane. The $200 million “public landmark” began to rise in August and now the structure’s construction has hit its halfway mark. The project’s idea comes from Related Companies’ chairman Stephen Ross, who called it the “365-day Christmas tree.” The climbable Vessel will be the centerpiece of the Public Square and Gardens, five-acres of greenery that will connect the buildings of Hudson Yards. The structure includes 154 geometric-lattice linked flights of stairs, 80 landings and will able to hold 1,000 visitors.

Find out more

hudson yards, Midtown West, New Developments, Starchitecture

50 Hudson Yards, Related Companies, Norman Foster, Hudson Yards architecture

A decade after first embarking on Hudson Yards–the largest private development in the nation’s history–developer Related Companies is in the thick of things, with listings live at 15 and One Hudson Yards and construction underway at 30, 35, and 55, as well as The Shed cultural center and the Vessel public art piece. Keeping the momentum moving, Yimby has now uncovered a new rendering of Norman Foster‘s 985-foot 50 Hudson Yards, which at $3.94 billion will be the city’s most expensive office tower, and the first view of the food and beverage pavilion that will sit in the Eastern Railyard.

All the details ahead

hudson yards, Midtown West, New Developments, Rentals

One Hudson Yards, Hudson Yards, Rentals

A rendering of One Hudson Yards, designed by renowned architecture firm Davis Brody Bond. (Image via onehudsonyards.com/Related)

The new luxury rental residences at One Hudson Yards at 530 West 30th Street, part of Manhattan’s largest new mixed-use development, have begun leasing for the 30-story building’s 178 apartments which range from one to three bedrooms (and one four-bedroom penthouse) according to a press release from Related Companies. The building’s architecture is by Davis Brody Bond; interiors are by Andre Kikoski, who also designed the building’s peerless collection of luxury amenities. Of particular note are extra-tall windows set into a modern curtain wall façade that offer breathtaking views of out over the Hudson River, the surrounding West Chelsea neighborhood and all of Downtown Manhattan–as well as Heatherwick Studios’ “Vessel” sculpture.

Find out more details

Design, Policy

L&L Holding Companies, 390 Madison Avenue, Rooftop Terrace

Rendering of L&L Holding Company’s planned rooftop terrace at 390 Madison Avenue

Update 7/31/17: The Post reports that the DOB recently sent landlords a draft memo clarifying that, aside from minor details, terraces are allowed “as open passive recreation space.” 

To give workers a comfortable and conducive work space, some companies have outfitted their offices with amenities like on-site fitness centers, free coffee and outdoor space. However, the city’s Department of Buildings has launched a campaign to stop or delay these rooftop terraces on office towers, claiming the spaces can only be used for plants, not people. As the New York Post reported, DOB may not approve office terrace plans and may even rescind already approved plans.

Find out more

Architecture, Design, Policy

The 172-acre Governors Island first opened as a publicly accessible outdoor space in 2005, but it’s still open just 120 days per year, with the city spending over 10 years trying to figure out what to do with the rest of this teeming-with-potential site. Just last year a new 40-acre park and playground opened, and the area is now ready for its next major revitalization. As Crain’s reports, the Trust for Governors Island will roll out a plan to create a 24/7 community with even more public parks, nonprofit tenants related to the site’s maritime history, restaurants, and five million square feet of new commercial, office, and education space.

Find out more

Architecture, Midtown West

A rendering of the Pelli Clarke Pelli design for 15 Penn Plaza, courtesy of Vornado

Plans to replace the century-old Hotel Pennsylvania with a 1,216-foot office building have surfaced again. Financial firms Morgan Stanley and Deutsche Bank are reportedly contemplating a move to Vornado Realty Trust’s planned supertall skyscraper, 15 Penn Plaza, according to the Post. Vornado first won the city’s approval in 2007 to build a supertall at the location of Hotel Pennsylvania on Seventh Avenue and nearly signed a deal with Merrill Lynch to be a tenant until the financial crisis dissolved the agreement. This design, by Pelli Clarke Pelli, is being presented to the firms along with new options says a source.

Find out more

Major Developments, Midtown West, New Developments

Hudson Yards food hall, Neiman Marcus Hudson Yards, Hudson Yards restaurants, Elkus Manfredi Architects

Yesterday, it was announced that celebrity chef José Andrés, credited with bringing the small-plate concept to the U.S., will be opening a massive Spanish food hall at Hudson Yards, closing a deal for the 35,000-square-foot space at 10 Hudson Yards that Shake Shack guru Danny Meyer had previously been in talks for. On the heels of the news, developers Related Companies and Oxford Properties Group released new renderings of the retail and restaurant spaces coming to the mega-development (h/t Curbed), most of which will be located in the “Shops and Restaurants at Hudson Yards,” a seven-story building that will hold the majority of the 25 restaurants and anchor tenant Neiman Marcus.

More renderings and details ahead

Art, hudson yards, Urban Design

The Vessel, Hudson Yards, Related Companies, Thomas Heatherwick

First Piece of Vessel Installed 04.18.2017 – courtesy of Related-Oxford

The standard for public art spaces has officially reached new heights. Today, the installation has begun on Vessel, an innovative landmark designed by Heatherwick Studio at Hudson Yards. As 6sqft previously wrote, the project’s idea stems from Related Companies‘ chairman Stephen Ross, who chose Heatherwick to design the $200 million (up as of today from the original $150 million estimate) large-scale piece of art. After being fabricated and constructed in Monfalcone, Italy, the first ten pieces of the 150-foot-tall steel structure arrived in January at the Port of Newark via ship and then traveled across the Hudson River. And as of this morning, Ross was on site to mark the first of these massive components (they each weigh close to 100,000 pounds) being put into place by crane.

See photos from Vessel’s installation and watch a video of Stephen Ross’ remarks

Architecture, Art, Chelsea

Related Companies is looking to expand on Chelsea‘s cultural character as a world-famous art district, as well as expand this “gallery corridor” north towards Hudson Yards, as part of an initiative called The New West Chelsea. According to a press release from the developer, they’re adding 15 new gallery spaces around their luxury condo at 520 West 28th Street, the late Zaha Hadid‘s undulating High Line stunner. A new space called High Line Nine, which will be located next to the condo and under the elevated park, will be modeled on a European galleria, complete with nine “boutique exhibition spaces,” a cafe/wine bar with outdoor seating, catering kitchen, and amenity packages. They’ll also add four galleries within the base of the condo, as well as two stand-alone spaces on the block.

More renderings and details ahead

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.