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Old January 25th, 2013, 12:52 PM   #481
Winoc
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Quote:
Originally Posted by yankeesfan1000 View Post
An anchor tenant for a development like 3 Hudson Blvd. would normally have a 500,000 square foot requirement, Mirante explained. That said, it’s also possible that two tenants requiring about 200,000 to 250,000 square feet could fulfill the anchor tenant void, he added..."
They should have no trouble getting that space filled and I fully expect this to start construction by spring 2014.
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Old January 26th, 2013, 05:09 AM   #482
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I like this angle.

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Old March 12th, 2013, 07:27 AM   #483
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omg that cluster is AWESOME!
This will fill a major gap in New York City Skyline. USA
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Old April 20th, 2013, 11:19 PM   #484
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Hudson Yards On Track At Last



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For years, Hudson Yards seemed unlikely to live up to its own hype.

Rapturously heralded as New York’s soon-to-be coolest new neighborhood, it changed only slowly starting in 2005, when its industrial far West Side location was rezoned to encourage a different kind of development. Its 45 square blocks continued to look much the way they had for decades: a mishmash of rail yards, tunnel ramps and parking lots.

“When we started, it was like, ‘Will anything ever happen here?’ ” said Michael Meola, a real estate consultant who helped City Hall shape the desired look and feel of Hudson Yards in the very beginning, serving from 2006 to 2008 as vice president for development of the Hudson Yards Development Corporation, the entity overseeing the project.

Now, as the recession fades and squabbles about how to proceed are resolved, Hudson Yards finally appears poised to make good on its promised self-reinvention.

In the last few months, warehouses have been cleared for buildings and parks. Workers are finishing a subway station. The third and last leg of the High Line, looping from West 30th to West 34th Street, will be just one of many green spaces in the neighborhood. And in a place that has long been home to a suburban-style McDonald’s drive-through window, a market will open to sell grass-fed sirloin and other delicacies to an upscale clientele.

[...]

What’s Being Built

Developers are not only coming on strong, they’re thinking as big as the rezoning will allow.

Extell, like some of its competitors, controls several parcels in the area. Its first apartment building will be 555 10th Avenue, a 50-story rental at West 41st Street with 600 units, a pair of swimming pools and a two-lane bowling alley, said Gary Barnett, Extell’s chief executive. Foundations were poured in March; 2016 is the expected completion date.

Units will rent for around $100 a square foot, which is on par with 42nd Street properties like MiMA, from the Related Companies, Mr. Barnett said.

Like other developers, Extell also has commercial projects in the area, including One Hudson Yards, a 56-story office building planned for 11th Avenue and 33rd Street. But the leasing market is soft, making an anchor tenant difficult to find, so that project is on hold for now, Mr. Barnett said.

Extell is also planning apartments on a block-through site between 9th and 10th Avenues on 37th Street. Possibly to include rentals and condos, it probably won’t start construction for another year.

“It’s like a chicken-and-egg situation,” Mr. Barnett said. “You’ve got to get the tenants to build the neighborhood, and you’ve got to build the neighborhood to get the tenants.”

Since the fall, Brookfield Office Properties has been building at 425 West 31st Street, the first leg of Manhattan West, a 5.4-million-square-foot mixed-use project on a two-block site on Ninth Avenue between 31st and 33rd Streets.

In addition to office space, Manhattan West will have a 57-story tower with 900 rental units, though Brookfield has configured the building with two elevator banks in case it decides to spin some of those units off as condos, said Philip Wharton, the company’s senior vice president for development.

Condos are also envisioned for 3 Hudson Boulevard, a 72-story office tower by the Moinian Group at 11th Avenue and 34th Street. In an unusual combination for New York (allowed by the area’s zoning), the 150 condos will be under the same roof as offices; an anchor office tenant is still wanting. “I’m keeping this flexible,” said Joseph Moinian, the firm’s chief executive.

Moinian has revived a dormant project at 605 West 42nd Street, a rental that is to have 1,191 units, including studios and apartments with one, two and three bedrooms. Foundations were poured in February for the $500 million project, which is expected to open in 2015, said Mr. Moinian, who also built the Atelier Condos next door.

So eager are some developers to tap the Hudson Yards housing market that they are pressing City Hall to amend zoning to allow more apartments. Silverstein Properties, owner of a 90,000-square-foot site on 11th Avenue and 41st Street that once contained a Mercedes dealership, wants to build more housing there than is now permitted, according to industry sources.

[...]
At 72 floors, the Girasole will definitely make a mark on the skyline. What's yet to be determined is how much office space this tower will ultimately have. As the leasing market continues to drag, developers are penciling in more residential into their plans.
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Old April 20th, 2013, 11:55 PM   #485
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oh good so this might be more then 1060 feet? hope so i hope they keep the design to one of my favorite towers
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Old April 21st, 2013, 12:24 AM   #486
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That statement doesnt mean the height will change. It means the composition of the building could change. If anything that could mean a height decrease.
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Old April 21st, 2013, 01:27 AM   #487
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There was an article a while back saying this tower could end up in the 14-1500 foot range, I don't know if that's still possible, sounds kinda too good to be true
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Old April 21st, 2013, 02:01 AM   #488
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Much the way Brookfield and Related are decking over Hudson Yards ... I believe that the Javits Center from 37th street to 40th could be decked over for a new Madison Square Garden, while preserving the existing convention center infrastructure, plus preserving the glass atria.
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Old April 21st, 2013, 08:14 PM   #489
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oh good so this might be more then 1060 feet? hope so i hope they keep the design to one of my favorite towers
or lower. All is just speculation at the moment.
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Old April 21st, 2013, 08:24 PM   #490
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My guess is that this tower will be around 325m.
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Old April 21st, 2013, 11:59 PM   #491
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Guess that 1500 feet business was nonsense then.. still not too bad
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Old April 22nd, 2013, 01:51 AM   #492
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Correct. Many towers in the Yards could easily exceed 1,500 feet, but the Girasole will not.
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Old April 22nd, 2013, 02:53 AM   #493
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And just because it can be tall, doesnt mean it will be tall. If a developer can build an 800 ft tower immediately or wait 5-6 years for demand to develop for a 1400 ft tower, they most likely will build a profitable 800 ft tower.
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Old April 22nd, 2013, 02:54 AM   #494
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No one is going to squander air rights.
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Old April 22nd, 2013, 03:15 AM   #495
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Realized profits are much more important and desirable than potential profits. Most of the developers in this city are rational men, not gamblers. If they have a good chance to make a significant profit, they will take advantage of that chance.
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Old April 22nd, 2013, 03:26 AM   #496
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I disagree. In NY, developers devote many years merely to assemble a site. It is virtually unheard of to disregard valuable air rights. Lastly, this is one of the few areas in NY that offer the chance to build sorely needed huge office towers. As the world's financial capital, There will always be a need for new space in NY.
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Old April 22nd, 2013, 03:32 AM   #497
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We will see what happens. I hope youre right. 1500 ft towers are more interesting to watch the construction of than 800 ft buildings.
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Old April 22nd, 2013, 03:37 AM   #498
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Does anyone know what is the maximum air rights allowable for this site?
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Hudson Yards mega development Map: June 2015
http://i.imgur.com/FVrYwpy.jpg
(click again once inside to enlarge the map)
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Old April 22nd, 2013, 03:45 AM   #499
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I believe that it has about 1.6m sf that can be developed. The "sleeper" site is the one on the north side of 33rd between 10th and Hudson Blvd. Coach's current HQ is there, together with a McD's and parking lots.


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Old April 22nd, 2013, 03:52 AM   #500
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are there any chances of more 400m+ buildings around this area? and if so around how many are possible? lol
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3 hudson boulevard, 555 west 34th street, hudson yards, javits center, moinian, new york city, nyc, related, the girasole

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