NEW YORK | 30 Hudson Yards (North Tower) | 1,296 FT | 92 FLOORS

[NYguy]

http://www.bisnow.com/commercial-rea...anhattan-west/

June 18, 2014

Office tenants of all stripes are watching the massive city within a city rising on the Far West Side. It's one of Manhattan's most-anticipated transformations, and that's why we're thrilled to be holding Bisnow's Future of Manhattan's Far West Side event next week. And it might get even hotter: We're told the mother of all tech tenants, Google, has talked to Brookfield about Manhattan West. Here's the latest on that and Related and Oxford's Hudson Yards.



Related and Oxford Properties' granddaddy-of-them-all project (30th to 34th from Tenth to the West Side Highway) is changing so fast that Stephen Winter, who joined from CBRE in November to oversee office leasing (and who also will speak at Bisnow's Future of Manhattan's Far West Side event), felt rusty when he returned from his one-week honeymoon (Hawaii) on Thursday.



The 1.7M SF 10 Hudson Yards at 30th and Tenth will house Fairway in 46k SF on the bottom, with Coach just above in 740k SF, L'Oreal above that with 402k SF, an available block of 34k SF, and then SAP in 150k SF on the top five floors. (To answer your question, it's Coach, the handbag company, not a museum for the Craig T. Nelson sitcom.) It has risen to the eighth of 52 floors (we ran a picture in yesterday's issue) and will be ready next year.



We also snapped the loads of building molds Related has made for its model. 10 Hudson Yards is on the southeast corner of the site. The 1.3M SF, 51-story 55 Hudson Yards (which like Moinian's 3 Hudson Blvd will open right onto Hudson Park) will begin at 34th and Eleventh in January and will deliver in late 2017. The building won't go spec, but Stephen has no doubt that tenants will be lined up in time, considering he's done 52 tenant presentations since January.

Construction for 30 Hudson Yards, the 2.6M SF, 80-story behemoth office at 33rd and Tenth with a 1,100-foot-high observation deck will break ground sometime this year and deliver in 2018 for Time Warner's new HQs. Stephen tells us the imminent office delivery dates are a boon. They mean Related isn't talking just to the big-dog tenants; smaller tenants with shorter horizons are kicking the tires at Hudson Yards, too.



The resi buildings will begin this year, as well. The 70-story, 250-unit condo/apartment combo 15 Hudson Yards at 30th and Eleventh (the view from the penthouse looking toward the WTC is rendered above) will deliver in 2017. The 79-story 35 Hudson Yards (250 condos and 150 hotel rooms) will come online in 2018 at 33rd and Eleventh.



A million SF of retail will connect 10 and 30, and there's the public plaza, the 2.3M SF 50 Hudson Yards office building at 34th and Tenth that has yet to be unveiled, and the Culture Shed with retractable roof. (Any shed can be a culture shed if your wheelbarrow likes Shakespeare.)

All of the buildings mentioned above will be under construction by this time next year and done by 2018—and then it's time to start on the western railyard, where another 2M SF of office, 4M SF of resi, 100k SF of retail, and a 120k SF K-8 school will rise by 2024. If the entire 28-acre, master-planned project seems gigantic to you, consider that half of it will be open space. And believe it or not, there's even more you don't know yet

[Perklol]

Stephen tells us the imminent office delivery dates are a boon. They mean Related isn't talking just to the big-dog tenants; smaller tenants with shorter horizons are kicking the tires at Hudson Yards, too.

So why did some of the buildings need a $400 million tax break? The deep deep subway station isn't going to pay itself.

It has risen to the eighth of 52 floors (we ran a picture in yesterday's issue) and will be ready next year.

NOT!



Most of us are aware that this building has rise by 1 floor in 7 months. Plus they have to get the interiors finished and so forth.

[vkristof]

Originally Posted by Eveningsong

So why did some of the buildings need a $400 million tax break? The deep deep subway station isn't going to pay itself.



NOT!



Most of us are aware that this building has rise by 1 floor in 7 months. Plus they have to get the interiors finished and so forth.

I am an old school skeptic and I am impressed how poorly written & fact checked many of these articles are.

One minor example:

It's half a block from the southern entrance to the new 7 line subway station at Hudson Park but also just one block from the Amtrak, LIRR, NJ Transit, and PATH entrance now under construction in Moynihan Station

PATH entrance through the Farley PO/possible-future-Moynihan Station??? Technically: WTF? PATH does have a terminal in the west 30s, but it is a few avenues east of of the 8th Ave entrances to the Farley PO.

Also

The five-acre project includes a two-acre east-west central plaza that'll continue the pedestrian walkway that will run west from Madison Square Garden, through Moynihan Station, and then across Ninth into Manhattan West. Eventually, it'll run through Manhattan West's existing building, 450 W 33rd St, to Tenth Avenue.

"the pedestrian walkway" will run through 450 W 33rd St (the current AP HQ) long before it ever runs through a possible-future "Moynihan Station".

[Submariner]

Seriously why is that tower taking so long to rise?

[vkristof]

Originally Posted by Submariner

Seriously why is that tower taking so long to rise?

Resource limitations on concrete, rebar, scaffolding, forms & skilled labor.

T-P has a number of major contracts in NYC including the immediately adjacent Amtrak Gateway project tunnel box concrete casing. 325ccr over @ssc posted a bunch of HY photos he took last weekend. The one I've re-posted below shows most of the concrete casing status (concrete, rebar, scaffolding, forms, skilled labor, etc):


325ccr, from http://www.skyscrapercity.com/showpo...postcount=3884

[chris08876]

Originally Posted by Submariner

Seriously why is that tower taking so long to rise?

If it makes you feel better just know that this is moving way faster than the WTC development. Phase 1 will probably be finished before WTC2 and 3 ever finish.

[NYguy]

Originally Posted by Eveningsong

Most of us are aware that this building has rise by 1 floor in 7 months. Plus they have to get the interiors finished and so forth.

Don't get twisted up over it. As long as Related insists that the building will open in 2015, it will be reported that way. Also keep in mind that there's a difference between "ready" and "completed". 4 WTC was ready for tenants last year, but hasn't been fully completed.

Meanwhile, just keep watching construction, and know that the building is being built. When it opens is of no consequence as far as we're concerned.


http://www.hudsonyardsnewyork.com/ar...n-platform-135

Press Release
3/19/2014 | Related/Oxford

Construction on 10 Hudson Yards, home to Coach Inc., L’Oreal USA, SAP and Fairway Market, began in December 2012 and is scheduled for completion in 2015. The entire Eastern Rail Yards including 30 Hudson Yards, home to Time Warner Inc., will be complete in 2018.

That's their story, and they're sticking to it.

[ziet911]

It's a slow riser.....?

[vkristof]

Originally Posted by ziet911

It's a slow riser.....?

Not bad!

And it gives me an opportunity to post a MTA Capital Construction photo (from the ESA Weekly Progrees 6-20-14 album on flickr) of T-P progress on one of the other VERY similar contracts T-P is working on locally. This photo view shows a very small slice (on right) of all the concrete, rebar & steel going into this at-least-two-level LIRR train structure/interlocking being built into a LARGE excavation near Queens Plaza.
:


NYMTACC "CQ032 - Plaza -Continued Installation of Waterproofing (06-18-2014)"

[vkristof]

Originally Posted by NYguy

Don't get twisted up over it. As long as Related insists that the building will open in 2015, it will be reported that way. Also keep in mind that there's a difference between "ready" and "completed". 4 WTC was ready for tenants last year, but hasn't been fully completed.

Meanwhile, just keep watching construction, and know that the building is being built. When it opens is of no consequence as far as we're concerned.


http://www.hudsonyardsnewyork.com/ar...n-platform-135

Press Release
3/19/2014 | Related/Oxford
Quote:
Construction on 10 Hudson Yards, home to Coach Inc., L’Oreal USA, SAP and Fairway Market, began in December 2012 and is scheduled for completion in 2015. The entire Eastern Rail Yards including 30 Hudson Yards, home to Time Warner Inc., will be complete in 2018.



That's their story, and they're sticking to it.

That's definitely their story and they have renderings to go with their visions of this story. I do believe the Fairway Market could open in 2015, because I believe it is really under the Culture Shed plaza with access under the High Line to 30th street, NOT in the street level of 10 HY itself...

[Perklol]

Originally Posted by NYguy

Don't get twisted up over it. As long as Related insists that the building will open in 2015, it will be reported that way. Also keep in mind that there's a difference between "ready" and "completed". 4 WTC was ready for tenants last year, but hasn't been fully completed.

Meanwhile, just keep watching construction, and know that the building is being built. When it opens is of no consequence as far as we're concerned.

That's their story, and they're sticking to it.

You're right. I should just stop worrying but is this a taste of things to come?

Finally, I have some news on the 7 line extension and East Side Access. According to the latest MTA Board committee meeting materials, the 7 line may not open until early 2015, but the MTA is working hard to begin revenue service prior to the end of 2014. More on that on Monday....

http://secondavenuesagas.com/2014/06...rvice-changes/

[NYguy]

Originally Posted by vkristof

That's definitely their story and they have renderings to go with their visions of this story. I do believe the Fairway Market could open in 2015, because I believe it is really under the Culture Shed plaza with access under the High Line to 30th street, NOT in the street level of 10 HY itself...

Renderings show Fairway to be at the base of the coach tower. There really isn't enough room in the other.

Also, I can see Coach start to move in before completipn. They're a veey specific part of the building.

[NYguy]

A little more on that market...


http://www.crainsnewyork.com/article...t-hudson-yards

Fairway, the supermarket chain that grew from its long-time outpost on the Upper West Side to a chain with stores as far afield as Brooklyn's Red Hook and Stamford, Conn., is moving to the fast-emerging far West Side.

The company announced Thursday it has reached a deal to fill the retail space in the first office tower being constructed at the Hudson Rail Yards, a 52-story, 895-foot tall spire on the corner of West 30th Street and 10th Avenue. Fairway, which is a publicly traded company, will take nearly 46,000 square feet in the property and will open in 2015.

The lease will make Fairway an anchor food retailer at the heart of a neighborhood west of Penn Station that in coming years will see the city's greatest explosion of new development.

[vkristof]

Originally Posted by NYguy

A little more on that market...


http://www.crainsnewyork.com/article...t-hudson-yards

Thanks for digging up the rendering. I had not calculated how the square footage maps into the single story structure being built now west of 10 HY.

From the 5/30/14 https://onlinedocs.related.com/HYDoc...fact-sheet.pdf

And here's a greater overview of the Fairway from the soyth side of 30th, which shows the relationship to the High Line branch:


The marketing description did make me note that I should check out that Fairway at least once, after it opens.

[TechTalkGuy]

Having a food retailer will generate lots of interest from the locals and visitors!

[NYguy]

Originally Posted by vkristof

The marketing description did make me note that I should check out that Fairway at least once, after it opens.

This will truly be a 24 hr slice of the city, not some stale office development that lacks life after a certain time in the evening. It will be connected from the south by the High Line park, and from the north by the Hudson River Blvd Park.

[NYguy]

http://www.dailymotion.com/video/x1i...son-yards_tech

[TechTalkGuy]

Oh yes!

Hudson Yards
Drool Over New York City's Newest Rising Neighborhood
• Video Link

Hudson Yards
North and South Towers
• Video Link

Hudson Yards
A New Kind of Tall Building
• Video Link

[N830MH]

When the construction begin yet? When they will built?

[NYguy]

Originally Posted by N830MH

When they will built?

They're working on it now, or an aspect of it.



We'll being seeing a lot from the Hudson Yards...


http://www.newscaststudio.com/2014/0...ce-in-atlanta/

HLN taking over CNN space in Atlanta





June 27, 2014

HLN will be moving into CNN‘s Studio 7 in Atlanta as the network moves the last of its live daytime programming to New York City, TVNewser has confirmed.

The current Studio 7 set debuted in mid-2010, a few months after NewscastStudio obtained photos of what turned out to be the set under construction.

As the network has continued to shift on air personnel to New York City, the studio has become used less and less.

HLN, meanwhile, currently originates much of its programming, including “Morning Express with Robin Meade,” from another studio in Atlanta on the bones of a set that was originally built for when CNN Headline News switched to a two anchor format in 2001 and was then extensively overhauled with a plethora of printed graphics.

The New York programming will originate from the network’s Time Warner Center studios, which are scheduled to move to a new building in Hudson Yards in 2018. Earlier this year Time Warner sold its namesake building.