Related Companies

Architecture, Design, More Top Stories, 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.

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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.

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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

Art, hudson yards, Major Developments, Midtown West, Urban Design

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.

More photos this way

Featured Story

Architecture, building of the year, condos, Features, New Developments

Announcing 6sqft’s 2016 Building of the Year!

By 6sqft, Wed, December 14, 2016

You came, you voted, and now it’s time to award the title of 2016 Building of the Year to none other than 520 West 28th Street! The undulating beauty along the High Line beat out 11 other game-changing buildings in a fierce two-week competition held right here on 6sqft. Out of nearly 25,000 votes cast, the Zaha Hadid-designed, Related Companies-developed structure emerged as the winner, taking away 8,382 of the count, or 33.62% of the total.

more details on the runners-up

Featured Story

building of the year, Features, New Developments

VOTE for 6sqft’s 2016 Building of the Year!

By 6sqft, Sat, December 10, 2016

For new developments, 2015 was the year of reveals, but 2016 was all about watching these buildings reshape our city. Ahead we’ve narrowed a list of 12 news-making residential structures, each noted for their distinctive design, blockbuster prices, or their game-changing potential on the skyline or NYC neighborhoods.

Which of these you think deserves 6sqft’s title of 2016 Building of the Year? Have your say below. Polls for our third annual competition will be open up until 11:59 p.m., Sunday, December 11th*, and we will announce the winner on Tuesday, December 13th!

Learn more about each of the buildings in the running here

Architecture, hudson yards, Major Developments, Midtown West, New Developments, Starchitecture

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.

Get more details ahead

condos, Cool Listings, hudson yards, Midtown West, New Developments

15 Hudson Yards, Diller Scofidio + Renfro, Hudson Yards construction

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.

Find out more and see renderings and floorplans

Art, hudson yards, Major Developments, Midtown West, Urban Design

Vessel by Thomas Heatherwick, Hudson Yards public art, Heatherwick Studios, NYC public art

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.

More details and renderings this way

Architecture, condos, hudson yards, Major Developments, New Developments, Rentals

15 Hudson Yards, Diller Scofidio + Renfro, Hudson Yards construction

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.

More renderings and details ahead

Chelsea, New Developments, Starchitecture

From multidisciplinary architectural firm Weston Baker Creative comes this vision of glass, grass and sass in the form of a mixed-use high-rise springing from the Rem Koolhaas parcel along Tenth Avenue and West 18th Street on banks of the High Line. As CityRealty reported, the mixed-use concept would include residences, an art gallery and ten levels of indoor farming terraces. The 12-story structure would rise from a grassy plaza, with the tower’s concrete base meeting the High Line walkway in a full-floor, glass-enclosed gallery that would sit at eye level with the park.

Find out more

CityRealty, hudson yards, Major Developments, New Developments, People, real estate trends

There’s only one developer in New York currently tasked with building an entire city neighborhood, and that’s the Related Cos. In 2008, Related embarked on Hudson Yards, a type of project never before tackled in New York—28 acres of apartments, office space, retail, parkland (and a subway stop, to boot) on top of the West Side Railyards in Manhattan. It’s one thing to build all that on Manhattan bedrock; it’s another to build it on a platform designed to top the yards. The impressive scope of the project—considered the largest private development in U.S. history—didn’t just come out of nowhere. It’s the crowning achievement, many might say, of a development firm, and its billionaire founder Stephen Ross, after decades of building and investing in New York.

READ THE FULL PROFILE HERE…

Architecture, Construction Update, hudson yards, Major Developments, Midtown West, New Developments, Urban Design

Hudson Yards, Midtown West, Visualhouse, Far West Side (7)

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.

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