New permits have been filed that reveal 50 Hudson Yards will rise to be 1,011 feet tall. This brings the tower further into the supertall territory, when before it was one foot above the official minimum of 984 feet, or 300 meters. It is unclear how or if this will affect the overall design. The tower is the last of Hudson Yard’s first phase to start construction, and will coincidentally be the largest by floor area.
The development started moving forward at full force last September when Related Companies, Oxford Properties, and Mitsui Fudosan announced the completion of a $3.8 billion deal to finance construction of the tower. Related and Oxford are responsible for the development of Hudson Yards.
The 58-story structure will yield 2.9 million square feet of office space, giving it a larger footprint than its neighbor, 30 Hudson Yards. Investment management firm BlackRock has signed a lease for 850,000 square feet of offices across the lower 15 floors.
Norman Foster + Partners is responsible for the design.
Since we last checked in, excavation has wrapped up. Foundational work is now underway, making some significant progress. The first hints of the superstructure are now visible, and concrete has already started to define the lot’s base. Concrete is likely to start rising above the streets in early 2019. Completion is expected by 2022.