441 Ninth Avenue, between 9th Avenue & Dyer Avenue and 34th Street & 35th Street, is undergoing a major transformation. The original eight-story structure was built in 1962 and once housed a warehouse, before being converted into an office building. Now, interiors are once again being renovated, and will sit beneath an all-new 17-story addition atop the square-shaped structure. Cove Property and Baupost Group are the developers of the 700,000 square foot project, named “Hudson Commons,” which is rising thanks to a $479 million construction loan secured last November.
The proximity and accessibility to the amount of new construction and transportation in the surrounding vicinity made this an extremely good opportunity to create an expansive office tower. It sits one block north from the 34 Street – Penn Station subway stop and the new Moynihan Station expansion, and is only a five-minute walk to the future shops and fine dining choices at Hudson Yards. The Port Authority Bus Terminal is also only ten minutes away.
Most of the original building is covered in scaffolding as interior renovations have already begun. Leasing is expected to begin by the end of this year for the lower eight floors. On the exterior, the bottom floor will have glass panels at he corner of 9th Avenue and 24th Street, opening up to the sidewalk and the street life. This will replace the formerly blank brick walls, which were accompanied by a rather invisible entryway.
The ribbon windows wrapping around the perimeters will be expanded in height by nearly 50% to allow more natural sunlight inside. A total of 400,000 square feet of rentable office space will be present on the first eight floors.
The new 300,000 square foot addition, starting on the ninth level, will include varying floor layouts and ceiling heights ranging from 14 to 28 feet, enclosed in an all-glass facade with stepped setbacks that will yield 14 outdoor terraces and balconies at different elevations. As seen in the photo above, the concrete core has risen on the northern facade, nearly reaching the fourteenth floor of the new structure, so the last three floors of the core may be completed by the end of the summer. The steel superstructure has risen to the fourth floor above the existing roof parapet.
The steel structure will most likely be finished sometime this upcoming winter, while completion of the entire project is expected by the summer of 2019.