Developer Tishman Speyer and Debevoise & Plimpton LLP have finalized negotiations for a massive 530,000-square-foot office at 66 Hudson Boulevard, aka The Spiral. The global law firm expects to relocate its headquarters from 919 Third Avenue in the second half of 2022. With this latest transaction, Tishman Speyer has now successfully pre-leased 54 percent of the building.
YIMBY’s 2019 New Building Report, released this time last year, showed a major jump in applications from 2017 into 2018, with new residential units filed with the Department of Buildings rising from 20,393 to 34,039. YIMBY’s 2020 New Construction Report shows that citywide gains continued into 2019, with total units filed increasing to 36,467, a jump of 2,428 or 7.1%. The full report is available in spreadsheet format at the link for $199.
Work is wrapping up on The Edge observation deck at 30 Hudson Yards in preparation for a March 11, 2020 opening date. Cantilevering 80 feet out above Tenth Avenue at an elevation of 1,131 feet, The Edge is the highest outdoor observation deck in the Western Hemisphere. The platform protrudes from the sloped eastern elevation of the Kohn Pedersen Fox-designed commercial office building, which at 1,296 feet tall comes in at number four in our countdown of the tallest buildings being constructed in New York City. Related Companies and Oxford Properties Group are the developers of the supertall, which is also the tallest structure in first phase of Hudson Yards.
McSam Hotel Group will break ground in January on a new Marriott Hotel property in Times Square. Located at 223 West 46th Street between Broadway and Eighth Avenue, the 200-key Marriott SpringHill is designed by Gene Kaufman Architects and replaces a former parking lot.
The Hudson Yards section of Midtown West is now home to a new, 399-key Courtyard by Marriott hotel. The 28-story building is located at 461 West 34th Street and will be managed by property owner Endeavor Hospitality Group. The project team also includes Marx Development Group and architect DSM Design Group.