Hudson Yards

509 West 38th Street

30-Story, 225-Unit Mixed-Use Building Rises Into the Sky at 509 West 38th Street, Hudson Yards District

Back in February of 2015, YIMBY revealed updated renderings of the 30-story, 225-unit mixed-use building under development at 509 West 38th Street, in the Hudson Yards District, located four blocks north of the 34th Street-Hudson Yards stop on the 7 train. Construction kicked off last fall and the structure has since risen to roughly the 22nd floor, as seen in photos by Tectonic. The latest building permits indicate the tower will measure 243,689 square feet. It will include 13,739 square feet of retail space across the ground and second floors, and 29,180 square feet of community space for a non-profit on the ground through fifth floors. The units, which will be rental apartments, should average 786 square feet apiece, of which 46 will rent at below-market rates. Amenities listed on the Schedule A include laundry facilities, bike storage space, and a fitness center. Imperial Companies is the developer, while BKSK Architects is behind the design. Completion is expected in early 2017.

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55 Hudson Yards

51-Story, 780-Foot-Tall Office Tower at 55 Hudson Yards Rises Above Street Level, Hudson Yards District

Back in August of 2015, foundation work was underway for 55 Hudson Yards, a planned 51-story, 1.3-million square-foot office building bound by Eleventh Avenue and Hudson Boulevard and West 33rd and 34th streets, in the Hudson Yards District. The structure has since risen above street level and is now three stories in height, as seen in photos by NyConstructionPhoto. The 780-foot-tall tower will feature an amenity-filled lobby and outdoor terraces throughout. Multiple tenants have already signed leases or letters of intent for space. Law firm Boies, Schiller & Flexner has leased 83,000 square feet, and Milbank, Tweed, Hadley & McCloy, another law firm, signed a letter of intent to take 250,000 square feet. Related Companies and Oxford Properties Group are developing, while Kohn Pedersen Fox is the design architect. Tokyo-based Mitsui Fudosan owns a 92.09 percent share of the tower. Construction is expected to be complete in 2018.

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3 Hudson Boulevard

Developers to Begin Foundation Work on 66-Story Office Tower at 3 Hudson Boulevard, Hudson Yards District

Back in May of 2015, YIMBY brought you new renderings and details of the 66-story, 1.8-million square-foot office tower planned at 3 Hudson Boulevard, located between Eleventh Avenue and Hudson Boulevard and West 34th and 35th streets, in the Hudson Yards District. Moinian Group is now starting construction on the 1,050-foot-tall tower, according to Bloomberg, without any tenants officially secured. The developer is hoping to complete financing for the $2 billion tower once it lands an anchor tenant, which they hope will happen before foundation work is completed. The tower’s leasing broker is currently in negotiations with three possible tenants, one of which could lease 1 million square feet, and two for 500,000 square feet each. The FXFOWLE Architects-designed building will also boast a pair of five-story LED screens.

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