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Old September 27th, 2013, 05:43 AM   #2941
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Thanks for the visit

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Originally Posted by L.A.F.2. View Post
I'm glad you told me to visit. It was totally worth it!
Good to hear again.

Come back often.

Remember that next year NYC will open it's first new subway station of this decade nearby. ONE new station, $2.4B. The station is "air-tempered" and it's entrance is in the FIRST section of Hudson Blvd Park.

The entrance 34th/11th will probably have easy access to the High Line when they finish turning all of the elevated structure to park...
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Old September 27th, 2013, 01:41 PM   #2942
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Its funny you say this, when the High Line, one of the most successful new urban spaces in the U.S. is directly adjacent to the site.


NYTimes
I like the way that the highline is integrated into the HY project. Both should benefit from eachother.
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Old September 28th, 2013, 03:48 AM   #2943
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Somehow, modern architects still fail to create the grand plazas and urban spaces earlier generations created. It's nice and everything, but still more like a space you pass by than one you want to stay at.
I am positive that once it is all done and finished, you will change your opinion once you visit it. This whole project is a 21 century new Rockefeller plaza, but bigger and with better views on the river.
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Old September 28th, 2013, 05:36 AM   #2944
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If only it wasn't so out of the way. Yes, the new station will help with that, but still.
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Old September 28th, 2013, 06:24 PM   #2945
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This is a done deal.
I agree. Time Warner surely won't back out now, it's in their own interest this project moves forward as fast as possible.
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Old September 28th, 2013, 06:27 PM   #2946
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A new view of the Hudson Yards Public Plaza.

This reminds me a little of Lincoln Center, which I went to. Except the glassy skyscrapers make it more awesome!
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Old September 28th, 2013, 07:00 PM   #2947
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If only it wasn't so out of the way. Yes, the new station will help with that, but still.
it is not out of the way. Highline park, Meatpacking district and this whole area in general are quickly becoming one of the most live and popular areas in the city. once you finish all these towers and plazas, once you open all the restaurants, stores and connect to Highline park - you will have tons of tourists. it is a second 5th avenue project we are talking here. And I will not be surprised to see another Christmas tree there as well with the same amount of people watching.
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Old September 30th, 2013, 10:33 PM   #2948
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If only it wasn't so out of the way. Yes, the new station will help with that, but still.
Yes, and it is the FIRST structure that will be operational in the Hudson Yards area, with the South/Coach Tower following in 2015.

BUT, it is only a two avenue walk if you are a commuter into the city via Penn Station. And there are a LOT of commuters into Penn Station everyday: "it is the busiest passenger transportation facility in the United States[5]."

And, from the same commuter rail aspect, Grand Central Terminal will be only 3 subway stops away when the new #7 station station opens. GCT handles "only" commuter (MTA's Metro-North) nowadays

Just to emphasize further the office worker accessability aspect for Hudson Yards: those two stations/terminals service the #1 and #2 commuter railroads in the USA, namely the LIRR & Metro-North. Add NJ Transit's trains to Penn Station and don't forget that NJT also operates MTA commuter trains that connect Port Jervis, NY to Penn...
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Old October 2nd, 2013, 08:27 PM   #2949
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Originally Posted by onewtclover View Post
This reminds me a little of Lincoln Center, which I went to. Except the glassy skyscrapers make it more awesome!
Yeah, and right now it looks like this looking south from 35th St. The future Hudson Blvd canyon is defined by the two white vans next to the new curbs. This canyon appears in the background of the rendering above. The North Tower itself would appear after the brick building on the left:

CORRECTION: this is looking south from 34th, which is a 2 way street, hence the double yellow line.

image hosted on flickr
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Old October 3rd, 2013, 11:20 PM   #2950
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Citigroup zeroing in on new HQ site

The global bank is choosing new digs, with downtown at the World Trade Center or existing Greenwich Street spot likely favorites. Also in the running: Hudson Yards.

http://www.crainsnewyork.com/article...TATE/131009952

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Facing an upcoming lease expiration at its Park Avenue global headquarters, Citigroup Inc. is close to making a major decision on what it will do with the millions of square feet of office space it occupies across the metropolitan region and where it will locate the seat of its global banking operations.

The bank, which employs around 22,000 people in the city, has contemplated what strategy it should pursue for its labyrinthine real estate portfolio for several years. But several sources with direct knowledge of the bank's decision-making said it has boiled down its choices to three locations, and that the bank would make a final decision in the coming months.

Citi, like many large financial institutions, no longer needs the square footage it once did. According to Crain's research, the bank has shed 5,000 employees, almost 20% of its local workforce, since 2005. Many of its jobs have been exported to lower-cost Long Island City, Queens, where Citi owns one building and leases another.

Though the timing for a deal is still not yet set, several sources said the bank's search has now transitioned from an open-ended exploration of the market to negotiations with three landlords.

The bank will choose between the World Trade Center site, an existing twin-building complex it occupies on Greenwich Street in TriBeCa, and the Hudson Yards on the far West Side. A deal would likely include a relocation from 399 Park Ave., where it has had its global headquarters for more than 30 years. That lease, for hundreds of thousands of square feet, is set to expire in 2017. Generally large tenants like Citi plan their space moves at least two years in advance of pending expirations in order to assure an orderly transition.

"We have been looking at ways over the last several years to make more efficient use of our office space in New York, including consolidating locations," a Citi spokeswoman said. "With several leases expiring in the near future, we also have been looking at new space that is coming on the market."

At the World Trade Center site, Citi would anchor—and potentially fully occupy—a more than two-million square-foot office tower known as 2 World Trade Center to be developed by Silverstein Properties. The deal would complete the buildout of the World Trade Center site, where Silverstein Properties has nearly finished with another office building it is constructing there, 4 World Trade Center. It is also close to a major lease with the media firm GroupM that would permit it to build another tower, 3 World Trade Center. One World Trade Center, the biggest tower at the site, is also set to open next year.

Sources said that the Related Cos., the developer of a $15 billion complex of residential, office, retail and public space on top of the rail yards on the far West Side, is also trying to pull Citi into a deal to occupy a tower or multiple properties at its development.

Several sources said that a front-runner in the decision could actually be a property that Citi already occupies: 388 and 390 Greenwich St., a more than 2.5 million-square-foot, twin-building complex it sold to landlord SL Green Realty Corp. in 2007 for nearly $1.6 billion. That deal would include gut renovating the properties and packing them with more staff.

"By renovating their floors there, they can make them much more efficient," a source involved in that deal said.

The large real estate services firm CBRE Grouup is advising and representing Citi in the negotiations.

Over the past few years, Citi has made incremental, rather than sweeping changes to its real estate portfolio in the city. It recent months, it shed a long time office location it had at 666 Fifth Ave. It also shrunk its footprint at 601 Lexington Ave., the slant-roofed tower that once was once named after the bank and was home to thousands of its employees.
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Old October 3rd, 2013, 11:24 PM   #2951
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Wow, that is a huge move. So who will be the lucky developer? Silverstein or Related?
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Old October 3rd, 2013, 11:31 PM   #2952
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Wow, that is a huge move. So who will be the lucky developer? Silverstein or Related?
Related has Time Warner. 2 WTC needs somebody baaad!

What Related can do however is fill up the remaining avail space at the North tower after Time Warner then offer Citi additional space needed to get One Hudson Yards off the ground or simply let Citi to anchor One Hudson Yards all by themselves.
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Old October 4th, 2013, 04:57 AM   #2953
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I want them to go to 2WTC.
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Old October 4th, 2013, 08:07 PM   #2954
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Yes, WTC 2
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Old October 6th, 2013, 03:39 PM   #2955
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http://www.crainsnewyork.com/article...TATE/310069976

If, in fact, Related gets the MCDONALD'S site, it will support a tower of over 3m sft.
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Old October 6th, 2013, 03:40 PM   #2956
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Hudson Yards' lucky No. 7
Developers eye gains in tenants and infrastructure following the No. 7 subway extension.

http://www.crainsnewyork.com/article...TATE/310069976

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"A lot of the development sites that only a short time ago were considered speculative are now tangible," Mr. Knakal said. "You'll see a lot more happen in the neighborhood coming up. There are at least four very significant sites that I know of that will be in play within the next month or two right smack in the Hudson Yards."
Quote:
The Related Cos., already in the process of developing the 26-acre, $15 billion Hudson Yards complex, has been the most voracious buyer of adjacent sites in a doubling down of its holdings in the area. The company has entered into a contract to acquire a parcel between West 35th and 36th streets—for $75 million or more—that will border a new "Hudson Boulevard" being constructed by the city to run between 10th and 11th avenues.
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Related has approached Alloy Development to acquire its site, too, in a bid to substantially boost the size of that parcel, though it's unclear whether Alloy will decide to sell. Most of Related's acquisitions have been for locations closest to the new subway link.
Quote:
Related is also in talks, sources say, to purchase the site of a -McDonald's on the corner of West 33rd Street and 10th Avenue, allowing it to amass another jumbo parcel. That property sits east of another lot that Related bought for an undisclosed price from developer Gary Barnett during the summer. The land there can accommodate a 1.7 million-square-foot, 57-story commercial tower.
Quote:
In January, Related plans to break ground on a roughly $750 million platform over the western half of the Hudson rail yards to create the foundation for the millions of square feet of office, retail and public space it is planning to build.
Quote:
Several buyers are believed to be in the process of acquiring more air rights, including Joe Chetrit, who earlier this year purchased midtown's Sony Building for $1.1 billion. He is said by sources to be adding up to 200,000 square feet to a hotel development site he owns between West 37th and 38th streets. Mr. Chetrit, who declined to comment, could add some of that extra space by buying air rights from the city in a purchase that would likely push the total rights sold this year to its highest level since 2008, before the recession took hold.

David Marx, another developer in the neighborhood, said he will buy air rights from the city to increase the size of a hotel he plans to build on the northeast corner of West 34th Street and 10th Avenue.
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Hudson Yards mega development Map: June 2015
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(click again once inside to enlarge the map)

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Old October 6th, 2013, 03:44 PM   #2957
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Originally Posted by RobertWalpole View Post
http://www.crainsnewyork.com/article...TATE/310069976 If, in fact, Related gets the MCDONALD'S site, it will support a tower of over 3m sft.
Lol! Just beat me to it. Yes that Mc D site will be a huge/ super duper tall!
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Hudson Yards mega development Map: June 2015
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(click again once inside to enlarge the map)
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Old October 6th, 2013, 03:54 PM   #2958
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over 3million square ft! :OOOOOOOOO

what building is that comparable to?
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Old October 6th, 2013, 04:04 PM   #2959
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over 3million square ft! :OOOOOOOOO what building is that comparable to?
1 World Trade Center
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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 October 6th, 2013, 04:04 PM   #2960
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I think if they get the mcdonalds site it can be Ny's first 500m tower.
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