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Old September 21st, 2014, 12:38 AM   #781
j-biz
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Dropped by yesterday. Not much new activity to speak of. The big trench still appears to be there.


Untitled by jglover1028, on Flickr
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Old September 30th, 2014, 05:07 AM   #782
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Quote:
Originally Posted by j-biz View Post
Dropped by yesterday. Not much new activity to speak of. The big trench still appears to be there.


Untitled by jglover1028, on Flickr
Thanks for the photos(s). J-biz's photo is looking south from 35th street. I assume the big trench will be there for a while. That statement does make me wonder how long the "big vent duct" through the subway cavern access shaft in the ~center of the site will be there...
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Old February 3rd, 2015, 12:06 AM   #783
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Super Size Me: Moinian to pay $200M for Hudson Yards bonuses Purchase adds 1 million sf of density
http://therealdeal.com/blog/2015/02/....916bJPru.dpuf



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Taking the next step toward putting its latest mark on the Far West Side skyline, Joseph Moinian’s development firm is planning to write a check just shy of $200 million to buy building bonuses for its 67-story, mixed-use office tower in Hudson Yards, The Real Deal has learned.

The Moinian Group’s 3 Hudson Boulevard, which is pegged to cost a total of $1.6 billion by the time the fat lady sings, filed an application with the Department of City Planning seeking a pair of density-boosting programs the city offers to buildings in the Hudson Yards area. The bonuses total approximately $197.4 million.

Sitting at the edge of 11th Avenue and 34th Street, Moinian’s development site is on one of the “Four Corners” just north of the Related Companies’ massive project spanning the Metropolitan Transportation Authority’s east side rail yards, where the city has designated some of the densest zoning in the Hudson Yards neighborhood.

But only a portion of that FAR comes as-of-right. The rest must be purchased through a duo of local development corporations set up amid the neighborhood’s 2005 rezoning in order to fund infrastructure improvements such as the 7-train extension and the mid-block park planned for the area.

Moinian’s property, for which it paid $54.8 million in 2006, comes with roughly 470,000 square feet of buildable space, or roughly 30 percent of the building’s above-ground bulk of 1.5 million square feet. To get to the next level, the company will pay the nonprofit Hudson Yards Infrastructure Corporation $46.8 million for another 373,072 buildable square feet, the application shows.

Once that reserve is exhausted, Moinian can then purchase air rights created over the rail yards by the rezoning. The firm has applied to buy 669,510 square feet of these rights, which are priced based on an assessment of the receiving site.

Late last year the company told TRD that a preliminary calculation pegged the cost of the bonuses in the mid-$300 per square foot range. Now, the firm says that the number is about $225 per square foot, placing the total cost at roughly $150.6 million.

Moinian expects to break ground this year and complete the building in 2019.

Elsewhere on the “Four Corners,” Related and majority partner Mitsui Fudosan America broke ground earlier this year on 55 Hudson Yards, the $1.4 billion, 55-story tower set to open its doors in 2015. Related filed an application late last year to purchase an estimated $180 million in building bonuses, as TRD reported.

On the opposite end of the block at 10th Avenue, Tishman Speyer’s application for its 2.6 million square-foot office tower has not yet been made public, though the developer has put a $3.2 billion price tag on the project.
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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 February 3rd, 2015, 12:19 AM   #784
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I guess they're close to signing a tenant.
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Old February 3rd, 2015, 12:58 AM   #785
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Is this height set in stone?
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Old February 3rd, 2015, 02:26 AM   #786
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Quote:
Originally Posted by baseball1992 View Post
Is this height set in stone?
Last drawing I saw had it at 316.15 m.
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Old February 3rd, 2015, 02:37 AM   #787
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Interesting. Not that it's any difference since its aprox 12' difference.

The website has it at 1050'
http://www.3hudsonboulevard.com/mobile/m-factsheet.php

@Vito

Have you seen any latest drawings for the Nordstrom?
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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 February 3rd, 2015, 02:42 AM   #788
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Quote:
Originally Posted by Vertical_Gotham View Post
Interesting. Not that it's any difference since its aprox 12' difference.

The website has it at 1050'
http://www.3hudsonboulevard.com/mobile/m-factsheet.php

@Vito

Have you seen any latest drawings for the Nordstrom?
No, I wish! That has been kept under wraps so far. I don't even think we have seen the final renderings either.
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Old February 3rd, 2015, 02:46 AM   #789
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Darn!! Yea hopefully really soon. I guess AS+GG is really earning their dough here.lol. Thanks Vito!
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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 February 3rd, 2015, 04:05 AM   #790
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[QUOTE=Vito Corleone;121173109]No, I wish! That has been kept under wraps so far. I don't even think we have seen the final renderings either.[/QUOTE

Hi, Vito. I assume that you're in the architectural/engineering/construction field. What exactly do you do? Thx for the info on these projects.
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Old February 3rd, 2015, 05:43 AM   #791
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[QUOTE=LondoniumLex;121174334]
Quote:
Originally Posted by Vito Corleone View Post
No, I wish! That has been kept under wraps so far. I don't even think we have seen the final renderings either.[/QUOTE

Hi, Vito. I assume that you're in the architectural/engineering/construction field. What exactly do you do? Thx for the info on these projects.
Hey Lex,

I work part time with the CTBUH, contributing to their Skyscraper Center database. So I do get the opportunity to look at a lot of documents, including section drawings.
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Old February 3rd, 2015, 02:51 PM   #792
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Thanks, Vito.
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Old February 4th, 2015, 09:04 PM   #793
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Looks like this is a mixed-use tower! 3 Hudson will have 300k sf of residential condos.
http://www.nycedc.com/system/files/f...%20Package.pdf

Construction: 2015
Completion: 2019
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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 February 8th, 2015, 11:38 PM   #794
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Quote:
Originally Posted by Vito Corleone View Post
Last drawing I saw had it at 316.15 m.
Still a great height. 13 ft short of the earlier proposal, the difference is barely noticable.
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Old February 9th, 2015, 12:11 AM   #795
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Quote:
Originally Posted by Vertical_Gotham View Post
Looks like this is a mixed-use tower! 3 Hudson will have 300k sf of residential condos.
http://www.nycedc.com/system/files/f...%20Package.pdf

Construction: 2015
Completion: 2019
Great news! This means that a 500k sf lease is all that it needs to get started. Ralph Lauren and Sotheby's come to mind!
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Old February 11th, 2015, 03:38 AM   #796
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Moinian, Brookfield Get Hudson Yards Tax Abatements Totaling $180M
http://commercialobserver.com/2015/0...totaling-180m/

Quote:
The Moinian Group and Brookfield Properties today got approval from the New York City Industrial Development Agency, or NYCIDA, to receive tax abatement benefits for their respective Hudson Yards developments.

Moinian received the benefits at 3 Hudson Boulevard, a 1.8-million-square-foot mixed-use tower spanning a full city block north of Hudson Yards and across the street from the Jacob K. Javits Convention Center. Brookfield secured the benefits for its 2-million-square-foot Manhattan West, at 401 Ninth Avenue, according to a spokesman for the city’s Economic Development Corporation, which staffs NYCIDA.

Moinian’s project is expected to cost $1.6 billion and Brookfield’s is slated to cost $2 billion, according to IDA documents. Moinian will be getting a $65 million tax exemption and is expected to generate $691 million in tax and other gross revenue over a 25-year period while Brookfield will be getting a tax break of $115 million in exchange for generating $856.9 million in benefits to the city.

At 3 Hudson Boulevard, FX Fowle Design has designed an 1,050-foot, 66-story building, between West 34th and West 35th Streets and 11th Avenue and Hudson Boulevard West. There will be 18,900 square feet of retail on the ground floor and then office space up to floor 46, according to building marketing materials. There will be a residential lobby and amenities on the 48th floor and residences on 49 to 63. There will be a sky club on the 66th floor.

“Under the terms of the process, Moinian has one calendar year from the date of approval to close with the NYCIDA, through an internal process and review, demonstrating that Moinian has procured sufficient financing to proceed with full construction of 3 Hudson Boulevard,” a spokesman for Moinian emailed. “After passing financing review, Moinian would then obtain a minimum 25 percent tax abatement on approximately 1.5 million square feet of commercial space.”

Brookfield’s project at 401 Ninth Avenue is proposed for the northeast corner of Brookfield’s five-acre Manhattan West and fronts West 33rd Street and Ninth Avenue. It will be 70 stories, with retail on the bottom floors and office space above, the NYCIDA documents show. Brookfield did not immediately respond to requests for comment.

Since January 2002, NYCIDA has closed more than 330 transactions, drawing $11.8 billion in private investment to the city and helping to retain or create more than 103,000 jobs.
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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 February 11th, 2015, 03:41 AM   #797
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[IMG][/IMG]
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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 February 11th, 2015, 03:57 AM   #798
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Old February 11th, 2015, 05:32 AM   #799
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Nice!
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Old February 11th, 2015, 02:32 PM   #800
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Rendering BF

This is merely a reposting of the NY Commercial observer provided rendering, with my commentary


via NYcommercial observer
This rendering contains a few things that should be there by the time 3 HB opens:
The 7 subway extension will finally be open:
The opening of this long-anticipated subway extension is now set for some time between April and July ... said MTA officials in December 2014.
The Hudson River in background left will still be there
The Javits Convention Center will still be there

BUT, the left (south) side of W34th street will NOT look as shown.
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