Stephen Ross

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

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

Major Developments, Policy

Related Cos. founder Stephen Ross and his Hudson Yards project.

New York-based mega-developer Related Cos. has been instrumental in recent efforts to keep the door open on a controversial program that provides green cards to wealthy investors, reports the Wall Street Journal. Related, the developer behind the $20 billion Hudson Yards project and many other luxury developments, has been instrumental in blocking bipartisan efforts to overhaul a green card program, known as EB-5, that allows permanent legal U.S. residency to immigrants who invest $500,000 or more in certain U.S. businesses.

Hoping for a supportive Trump White House

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

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, condos, hudson yards, Major Developments, Midtown West, New Developments, Rentals

15 Hudson Yards, 35 Hudson Yards, Hudson Yards, Related Companies

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.

More details and renderings this way

Events, real estate trends, Starchitecture, Urban Design

ny times cities for tomorrow-2015

The New York Times Cities For Tomorrow conference is back again and better than ever, this time promising to deliver even more riveting talks centered on the forward-thinking innovations that are rapidly reshaping the world as we know it. This year, join Times architecture critic Michael Kimmelman as he leads the two-day event, running July 20th-21st, which will bring together the globe’s leading writers, researchers, real estate giants, political leaders and architects as they explore the challenges facing our infrastructure and transportation systems.

The goal of the Cities for Tomorrow conference is to provide a forum for industry leaders to spark new ideas, relationships and opportunities as they present their expertise in the arts, economic development, new tech businesses, income inequality, education and health in a collaborative environment. Some of this year’s speakers include New York City’s police commissioner, William Bratton, Bloomberg’s Daniel Doctoroff, SPUR’s Allison Arieff, starchitect Bjarke Ingels, and Related’s Stephen Ross—you can check out the whole list and agenda over at the event site.

Want to attend? The conference is invitation only, but 6sqft readers can request an invite using the code CFTSQ20—this will also knock 20% off the admission price. Be sure to act fast because the event is almost sold out! For more info, visit NYTCitiesForTomorrow.com.

Featured Story

Features, Major Developments, real estate trends

nyc the golden age of related companies

Founded in 1972 by former tax attorney Stephen Ross, the Related Companies got its start securing funding for affordable housing upstate. Before long, the company moved to New York City, bringing affordable units to Battery Park City and the Upper East Side. When the boom years of the 1990’s hit, Related got involved with luxury development, beginning with the renovation and conversion of an historic Beaux Arts building at Union Square into the W Hotel and then the development of 1 Union Square South.

Today, the Related name is attached to some of today’s biggest and most high profile projects, including One Madison and Hudson Yards. And with more than $15 billion in assets, the company is New York’s leading real estate developer.

We take a closer look at Related’s high-end portfolio

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