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

[WonderlandPark]

2017! Better get hauling a$$ on this puppy. Wow. And it sounds like Related has "backup" tenants. The West Side is on fire.

[NYguy]

This will be remembered as the decade of the supertall in New York. If you aren't enjoying this, then you aren't a skyscraper fan. Next up - Manhattan West!

[hunser]

Originally Posted by NYguy

This will be remembered as the decade of the supertall in New York. If you aren't enjoying this, then you aren't a skyscraper fan. Next up - Manhattan West!

I agree, but at this point I'd rather see 2&3 WTC rise before anything gets started on Manhattan West. The current momentum is just incredible, yet the WTC is falling behind.

[NYguy]

Originally Posted by hunser

I agree, but at this point I'd rather see 2&3 WTC rise before anything gets started on Manhattan West. The current momentum is just incredible, yet the WTC is falling behind.

I'm sure we all would like to see that. But 2 and 3 WTC are Downtown. I doubt Time Warner ever seriously considered moving Downtown. Likewise, the people talking to Larry probably aren't considering the Hudson Yards district.



http://www.reuters.com/article/2013/...9601AH20130701

Time Warner said to be near sale of headquarters, move to Hudson Yards


By Liana B. Baker
Jul 1, 2013

Time Warner Inc is in talks to buy a new world headquarters by the Hudson River in Manhattan and to sell its current space to real estate developer Related Cos for what could be more than $1.3 billion, two sources said on Monday. Time Warner is also speaking to other parties interested in buying its current headquarters if talks with Related fall apart, said one of the people who is familiar with Time Warner's thinking. Related helped build the company's current space near Manhattan's Central Park.

Both of the new buildings that Time Warner is considering buying are on the far west side of Manhattan, in a $12 billion development project known as Hudson Yards. Related Cos is one of the developers building office towers on the 26-acre site. Time Warner is also speaking to Brookfield, another developer at Hudson Yards.

Related and Time Warner have not agreed on the broad terms of any deal for the current headquarters in Midtown Manhattan or for the new building at Hudson Yards, the person said. Other parties are also interested in purchasing the Midtown headquarters and have spoken to Time Warner about it, the person said.

http://stream.wsj.com/story/latest-h...9/SS-2-267108/

The company is close to a two-part deal with Related: The developer would not only build the new space but also purchase Time Warner’s current headquarters for more than $1.3 billion, the people said. These people cautioned that talks could still falter and a signed deal is likely weeks away. But Time Warner is now negotiating exclusively with Related after undergoing a lengthy search for a new home in several neighborhoods that involved months of discussions with top landlords and owners.

The media giant, led by chief executive Jeffrey Bewkes, has looked to its real estate in recent years as a means to cut costs. The company plans to consolidate some of its divisions in the move. At the same time, the value of its existing headquarters has risen substantially. “We are looking to act in a way where we can bring together and harness the human resources that we have in Manhattan,” John Martin, the company’s chief financial officer, said on a 2011 investor call, according to a transcript, “and rationalize our footprint and do it in a very, very cost-efficient way.”

Time Warner and Related know each other well. A decade ago, Related built Time Warner’s current headquarters, the 1 million square foot south tower of the Time Warner Center, located close to Central Park. Time Warner paid the developer about $520 million. The development, along with a high-end mall owned by Related and luxury condos, helped turn the area into a popular shopping, entertainment and residential area. Now, the companies are looking for a sequel on a grander scale on the West Side.

Under the terms of the deal being discussed, Time Warner would own between 1.1 million and 1.3 million square feet of space in the tower slated for West 33rd Street and 10th Avenue, the people briefed on the talks said. The tower would host Time Warner’s main offices and those of subsidiary Home Box Office Inc., which currently leases many hundred thousand square feet in Midtown.

Time Warner and Related know each other well. A decade ago, Related built Time Warner’s current headquarters, the 1 million square foot south tower of the Time Warner Center, located close to Central Park. Time Warner paid the developer about $520 million. The development, along with a high-end mall owned by Related and luxury condos, helped turn the area into a popular shopping, entertainment and residential area. Now, the companies are looking for a sequel on a grander scale on the West Side.

Under the terms of the deal being discussed, Time Warner would own between 1.1 million and 1.3 million square feet of space in the tower slated for West 33rd Street and 10th Avenue, the people briefed on the talks said. The tower would host Time Warner’s main offices and those of subsidiary Home Box Office Inc., which currently leases many hundred thousand square feet in Midtown.

...in recent weeks, Time Warner zoomed in on Related for both the move and the sale of its headquarters, the executives said. Still Time Warner hasn’t formally parted ways with other developers, should something go awry in the deal with Related.

[phoenixboi08]

Originally Posted by hunser

I agree, but at this point I'd rather see 2&3 WTC rise before anything gets started on Manhattan West. The current momentum is just incredible, yet the WTC is falling behind.

but..but...but...




Well, there's definitely a lot of momentum. Either way, I'll be happy.
I mean to say, even if it's 10 years before we see WTC 2 or 3 begin to rise, we'll have plenty of distractions.

[Onn]

Just heard about this (been on vacation), so glad to see Time Warner making the move we've anticipated! World Trade Center Complex #2 going up! Yess!!! XD

[fastdupree]

Oh my god! In that 2nd picture, that building in the middle look so tall and make the ESB look so little. Just imagine walking down a Manhattan sidewalk and looking up to that.

[Submariner]

Originally Posted by onn

world trade center complex #2 going up! Yess!!! Xd

what????????

[scalziand]

Originally Posted by Submariner

what????????

I think someone is slightly confused.

[Blaze23]

All he's saying is that this is the second WTC-like complex being built in NYC, which it is! Probably should've been worded differently.

[scalziand]

Ah, that makes more sense.

[NYguy]

Originally Posted by Blaze23

All he's saying is that this is the second WTC-like complex being built in NYC, which it is! Probably should've been worded differently.

I like to think of it as one of three, and to me Manhattan West is more WTC-like. It's distinctly commercial, while the Related's railyard development will eventually have a more residential flavor.



http://online.wsj.com/article/SB1000...407884714.html

Rising Above the Rails at Hudson Yards
Related Cos. and Time Warner Inc. Poised for Deal





By DOUGLAS FEIDEN
July 7, 2013

Land-hungry New York City developers have been creating enormously valuable property out of thin air for more than a century by building concrete platforms over rusty rail yards. Now Related Cos., with the help of media behemoth Time Warner Inc., is poised to take this classic form of real-estate alchemy to a new level.

...If a tentative agreement is signed, it would be a game-changer for the sprawling rail yard that has been recognized for decades as one of Manhattan's great undeveloped sites. The relocation of a prestigious company like Time Warner there would provide an enormous boost to Related's $15 billion Hudson Yards plan to develop a 13.4 million-square-foot megaproject on 26 acres.

Much of it would be built on two massive podiums above acres of tracks. "We're constructing a new city-within-a-city to hand over to our children," says Jim White, an engineer and 30-year construction veteran who is overseeing the building of the platform for Related.

But its reclamation technique has been well-tested. Minting land on vast platforms over active rail lines in a city where it is bewitchingly scarce is a venerable Manhattan tradition: Starting in 1902, some of the world's most treasured real estate was conjured up out of cinders and soot when the New York Central Railroad submerged its tracks and yards, capped them with a steel deck and spurred the development of Park Avenue.

"Ride into Grand Central and what you see—columns rising from below with a hard deck above and buildings and roads and open spaces above that—is remarkably similar to what we're doing at Hudson Yards," said Ron Wackrow, 66 years old, the Related executive vice president overseeing all design and construction at Hudson Yards.

These days, the esoteric art of platform design also figures in other New York developments. Forest City Ratner is eventually planning to build a large platform next to its Barclays Center project, on top of which the master plan calls for six residential towers and open space. One block east of Hudson Yards, Brookfield Office Properties Inc. broke ground in January on its $4.5 billion Manhattan West office development. That project includes a 2.6-acre platform over the same tracks that Hudson Yards will be spanning.

"Covering Park Avenue moved the central business district from downtown to Midtown. Now, this could expand it into far westward territory," says Alexander Garvin, the urban planner who proposed capping the yards in 1996 and worked on the city's unsuccessful bid for the 2012 Olympic Games, which called for a new stadium on the site.

The first platform at the heart of Related's plans—between 10th and 11th avenues—would cost roughly $750 million and take more than two years to complete. It must be built, gingerly, inside a sprawling rail yard with 30 tracks on an upper level, where the LIRR parks and maintains its trains, and three tunnels on a lower level, through which Amtrak and NJ Transit ferry its passengers.

Anchored in bedrock and serving as the foundation for the buildings above, which range from 600 to 1,300 feet in height, the deck will rest on 300 caissons, which are watertight, vertical retaining supports, with about 200 of them interspersed among the tracks. The caissons weigh between 4 and 60 tons and will be sunk to depths up to 80 feet below the rails.

The underbelly of the platform, the lower sections of its structural trusses, will be about 20 feet above the tracks, Related says. All three railroads say they're closely monitoring design and construction to avoid train interference and ensure safe operations.

To pinpoint the exact location of railroad infrastructure and utilities, Related began drilling exploratory pits in the railbed in May. It starts relocating utilities later this month, a five-month task, then undertakes the delicate, 14-month installation of caissons in January, riding the rails with specially engineered equipment to drill through soil and rock.

"The technology is far superior to what was used at Grand Central," says Mr. White

A 1913 photograph of Grand Central Terminal.

[Design-mind]

Originally Posted by NYguy

A 1913 photograph of Grand Central Terminal.

Love the photograph! Talk about a lot of similarities the Hudson Yards Project and the Grand Central Terminal have. That must have been a mega project at that time.

[jd3189]

Originally Posted by phoenixboi08

but..but...but...

Whoa. If all that comes to fruition, I might not even recognize the city anymore.

[nickguar]

Why does it look so incredibly tall in those renders? Did something change? It's supposed to be 1,300+ feet, but that looks more like 2,000 feet.

[Crawford]

Originally Posted by nickguar

Why does it look so incredibly tall in those renders? Did something change? It's supposed to be 1,300+ feet, but that looks more like 2,000 feet.

You do realize that none of the above pics show Related's Hudson Yards development, right?

These pics show proposals for the Penn Station area. They use rough renderings for adjacent areas. Nothing in those pics should be taken as architectural plans.

[nickguar]

Originally Posted by Crawford

You do realize that none of the above pics show Related's Hudson Yards development, right?

These pics show proposals for the Penn Station area. They use rough renderings for adjacent areas. Nothing in those pics should be taken as architectural plans.

Now I see that. Thanks.

[MarshallKnight]

Originally Posted by Crawford

You do realize that none of the above pics show Related's Hudson Yards development, right?

The first and third Penn Station renders definitely do show Related's HY Towers. You have to look closely at the first one to spot them, but the North Tower is very apparent as the second-tallest building in the last image -- the pointy tip and observation deck are dead giveaways. Looks like Manhattan West and at least a token cluster of HY Phase 2 buildings as well.

However, it definitely looks like an approximation. The Penn Station proposals are meant to get us bleary-eyed looking forward to the hyper-dense future west side we might see; not to give us an accurate depiction of what all of these buildings will look like.

[NYguy]

Originally Posted by Design-mind

Love the photograph! Talk about a lot of similarities the Hudson Yards Project and the Grand Central Terminal have. That must have been a mega project at that time.

An understatement.

Originally Posted by Crawford

These pics show proposals for the Penn Station area. They use rough renderings for adjacent areas. Nothing in those pics should be taken as architectural plans.

Correct. Even the Hudson Yards designs are off, but they aren't meant to be exact replicas of what will be built. It's a fantasy, basically.

[Onn]

Related woos Sotheby's

Crain's New York Business
Amanda Fung
24 July 2013

The Related Cos. is trying to strike a deal with Sotheby's. The developer is bidding on Sotheby's 500,000 square-foot Upper East Side building and has proposed as part of the deal that the auction house buy or lease retail space at its Hudson Yards site, according to the New York Post.

The developer wants to snag another tenant at the site and hopes Sotheby's will occupy the retail podium that would connect the first two office towers at Hudson Yards. The latest deal is modeled after a similar deal that Related closed on with luxury handbag maker Coach, Hudson Yards' anchor tenant.

http://www.crainsnewyork.com/article...GS03/130729953