Hudson Yards

540 West 38th Street

Chetrit Group To Develop 540 West 38th Street After Receiving Acquisition Loan, Midtown West

After Chetrit Group landed a $60 million acquisition and pre-development loan for their development site spanning 541-545 West 37th Street, in Midtown West, the developer is planning to move forward with their plans, which YIMBY reported on nearly a year ago. The site boasts 373,000 square feet of building potential, and conceptualized as a 50-story mixed-use tower featuring 100 residential units and 350 hotel rooms. Two three-story buildings must first be demolished. 



Hudson Yards, image from Related

Thomas Heatherwick’s Hudson Yards Sculpture Now Under Construction

According to The New York Times, UK-based Thomas Heatherwick’s Hudson Yards centerpiece is now under construction. A source who has seen the design described it as resembling the shape of a chalice, rising higher than the 100-foot-tall Culture Shed, which YIMBY unveiled in 2013. The sculpture does not require public review, and Related Companies and Oxford Properties are developing.




Fetching more...