Showing posts with label hudson yards. Show all posts
Showing posts with label hudson yards. Show all posts

Mar 1, 2016

NYC Market News

World Trade Center Transportation Hub
Market News

Picking up the Pace on the Second Avenue Subway Line 

The MTA has plans to put $66 million toward speeding up the Second Avenue Subway construction to help meet its deadline.
Read More

Where the Highline Meets the Skyline 

Bjark Ingles' design for the new Hudson yards tower is a 'twist' on the classic skyscraper. The tower, at the northern end of the Highline, is designed to keep the greenery of the park spiraling up the building.
Read More

NYC's Strangest Apartments

New Yorkers are certainly unique, and that doesn't exclude their homes. Take a look at these six New York apartments that are a bit out of the ordinary.
Read More

World Trade Center Hub opening soon.

The Oculus opens to the public. After more than a decade and $4 billion, Calatrava' transit hub (and the Oculus) are due to (finally) open to the public

Apr 18, 2014

Hudson Yards the Nation's First Smart Neighborhood

The Hudson Yards, Manhattan's newest neighborhood will be the most connected, measured and technologically advanced digital district in the nation.

Hudson Yards being built over a Long Island Rail Road yard, a once underutilized tract of land on the far West Side of Manhattan will be the first "quantified community" in the entire country.

According to an article in Crain's New York, NYU, in conjunction with Related Cos. and Oxford Properties Group, will collect information on pedestrian traffic, air quality, energy production and consumption, and even the health and activity levels of workers and residents

The data will be analyzed by a team of number crunchers, although details for the partnership have not been finalized.

The partnership hopes to install thousands of sensors throughout the complex that will send information to secure servers. The data will be analyzed by a team of number crunchers, although details for the partnership have not been finalized.

Their goal and mission, is to use big data to make cities better places to live, though they emphasized the collection of any personal data would be voluntary.

Jul 17, 2013

10 Years for Madison Square Garden to Relocate

City Council Speaker and NYC mayoral candidate Christine Quinn recently announced her support for a 10-year limit to Madison Square Garden’s Special Use Permit to operate above Penn Station, rejecting the Garden’s request to operate in perpetuity on top of the country’s busiest train station.

Madison Square Garden needs to be relocated so the process of building a new Penn Station can begin. The current location is it's fourth location as it was originally located at Madison Square Park. Currently it is located above Penn Station.

A new study by the Municiplal Arts Society finds that moving Madison Square Garden to allow for a re-developed rail hub could spur development of 30 sites in the area. It also sees taxes and fees generated from development helping to pay for needed improvements.

The plan is largely predicated on the adjacent Hudson Yards rezoning, where real estate taxes are being diverted to pay for the extension of the 7 train line—a project that both relies on and spurs much of the extant development in the area.

Madison Square Garden perhaps the "World’s Most Famous Arena" is perhaps also one of Manhattan's ugliest buildings. It's owner Cablevision receives $16 million in city tax breaks. It is located above Penn Station one of the busiest passenger transportation facility in the United States and by far the busiest train station in North America.

Relocating Madison Square Garden and beginning the complex process of rebuilding and expanding Penn Station is needed not only to expand much needed transportation infrastructure but to revitalize the surrounding area, creating a new desirable district to live, work and play in, and bring tremendous long-term economic value to the region. 

A new Penn Station is the compelling infrastructure and development project of our era – now is the time to make it happen.

related blog posts and links:

Dec 5, 2012

Developing Manhattan’s Final Frontier

Historic Development will Transform New York City’s Skyline and Create a Vibrant New Neighborhood
Development of Hudson Yards Will Create Nearly 23,000 Construction Jobs
Michael R. Bloomberg and City Council Speaker Christine Quinn yesterday joined Related Companies Chairman Stephen M. Ross to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped property in Manhattan now set to become the centerpiece of the historic expansion of midtown Manhattan’s central business district to the west side. 

Construction commenced yesterday on the first tower, the 1.7 million-square-foot, 47-story South Tower – at the northeast corner of 10th Avenue and 30th Street – the future home of Coach Inc.’s world headquarters. 

The anticipated LEED Gold tower, designed by Kohn Pedersen Fox Associates, will be completed in 2015. The development of the Hudson Yards is expected to create nearly 23,000 construction jobs. Eventually more than 40,000 people will work in or call Hudson Yards their home.

Approximately 5,000 residences, a new public school, and luxury hotel will offer unparalleled amenities for its residents, employees and visitors.  The integration of the celebrated High Line, with its final phase now underway, the new Hudson Park and Boulevard – a sweeping 4-acre thoroughfare running north from West 33rd Street, and the public space to be created by Related and Oxford at Hudson Yards will create an incomparable network of parks and public plazas that weave throughout the west side.
Plans are also underway to include a new non-profit cultural facility. Sited along the High Line at 30th Street, this unique facility is being designed by Diller Scofidio and Renfro and David Rockwell to welcome a range of activities spanning the worlds of art, design and performance. Culture Shed will be a significant addition to the burgeoning arts presence that includes the Pershing Square Signature Center to the north, the new Whitney Museum of American Art to the south, and numerous other cultural organizations as well as the Chelsea art gallery district.

Hudson Yards is strategically located at the center of the region with unsurpassed connections to commuter rail, the subway system, the West Side Highway, Lincoln Tunnel and even ferries along the Hudson River.

The extension of the No. 7 subway line to West 34th Street and 11th Avenue, scheduled to open in 2014, will bring the subway to the heart of the Hudson Yards neighborhood and only steps away from the commercial towers.  Grand Central Terminal will be 6 minutes away by subway, and Penn Station, the nation’s busiest train station, is a short walk away.

Feb 28, 2010

Build The Station: West 41st & Tenth

As work proceeds on a $2-billion extension of the No. 7 subway line, which currently bypasses a station previously planned for West 41st Street and Tenth Avenue, the Real Estate Board of New York has brought together a coalition to restore the subway stop.

The group is seeking federal funds to give the 7 line two stops west of its current terminus at Times Square, and has launched a website,, to help publicize the campaign.

Currently, the only station planned for the 7 extension is slated for 34th Street and Eleventh Avenue, near the Jacob K. Javits Convention Center. The West 41st stop was scrapped in 2008 after the Hudson Yards Development Corp. said the funding wasn’t there to build two stations.

The station is a shovel ready, green transportation infrastructure project that would take three years to complete.

sign the petition

related posts:
First Phase of No. 7 Subway Extension Completed
Dec 22, 2009

nyc's first subway expansion in half a century
Feb 21, 2009

hudson yards development update
May 09, 2008 by Mitchell Hall
May 20, 2008 by Mitchell Hall

Grand Central Terminal

Dec 22, 2009

First Phase of No. 7 Subway Extension Completed


New York City and the MTA announced the completion of the first phase of the Number 7 subway extension at the Hudson Yards in Manhattan.

The second of two tunnel boring machines has reached the southern wall of the 34th Street Station cavern after mining a combined 2,900 feet from their starting point at 26th Street under 11th Avenue.

The $2.1 billion project, funded by the City and managed by the MTA, will help transform the Hudson Yards vicinity into a vibrant 24-hour neighborhood, containing a mix of commercial, residential, retail, open space and recreational uses.

In January of 2005, the City Council approved the Bloomberg Administration's plan for re-zoning the Hudson Yards area, including the Eastern Rail Yards. Today, the City Council will vote on the plan for the Western Rail Yards, which would complete the public approvals process for the development of the area.

Tunneling will be completed in the Spring of 2010, when work will commence on station entrances and finishes, as well as support facilities such as ventilation and traction power substations.

The new service is scheduled to open December 2013. The extension will terminate at 34th Street and 11th Avenue connecting the far west side of Manhattan.

May 20, 2008

New Deal for Hudson Yards

The city released a statement yesterday confirming that the Metropolitan Transit Authority has struck another billion-dollar deal to develop the West Side rail yards, less than a week after the previous deal fell through. May 9th Hudson Yards Update

The MTA says it has chosen Related Companies and Goldman Sachs to build a mixed-use development on the 26-acre plot, just one week after the deal with Tishman Speyer fell apart.

Related's plan is said to include affordable housing, shops, a hotel, restaurants, public space, and art venues. The site is located on 11th Avenue between 30th and 33rd Streets. Related had bid on the 26-acre plot last fall, but initially lost out to Tishman Spyer. Related developed Time Warner Center.

May 9, 2008

Hudson Yards Development Update

Mayor Michael Bloomberg says the billion dollar real estate deal to develop the West Side Rail Yards is still alive reported NY1.

The MTA called off the deal with Tishman Speyer Properties to develop skyscrapers, apartments, and parks over the 26 acres of railroads along the Hudson River.

Negotiations ended over zoning disputes but the mayor says the disagreement is just a typical snag that big-money deals fall into.

Bloomberg said the 7 line will be extended to the West Side yards, and he's hopeful the zoning issues will be ironed out.

"I don't think it's the least bit fair or accurate to say that anything is dead. I think all of these things go through many cycles, there is an enormous amount of money at stake."

Bloomberg's comments were made from his trip to the United Kingdom today. He met with the new mayor of London, Boris Johnson to discuss transportation, education, traffic and crime-fighting.

Overview of The Hudson Yards

This blog site is designed and published as a consumer service by local real estate broker to help Manhattan, New York City buyers, sellers and renters make informed real estate decisions. This site and its feeds are owned and operated by Mitchell J Hall, a NY State licensed real estate associate broker associated with The Corcoran Group and member of the Real Estate Board of New York.

Legal Disclaimer - The opinions expressed here are those of the authors and do not neccessarily reflect the opinions or policy of The Corcoran Group. This site is not the official website of The Corcoran Group or its affiliated companies, and neither The Corcoran Group nor its affiliated companies in any way warrant the accuracy of any information contained herein. Any product and/or services offered for sale on this website shall not be considered an offer to sell such goods and/or services in any state other than New York.

Legal Disclaimer - Information on this site is not intended as legal or financial advice. - All material herein is intended for information purposes only and has been complied from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. I operate a business that supports Fair Housing.“We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program which there are no barriers to obtain housing because of race, color, religion, sex, handicap, familiar status or national origin.”

© Copyright 2006 -2016 © © Al l Rights Reserved