Related’s 50 Hudson Yards Will Rise, Mitsui Fudosan Takes 90% Ownership Stake
Last week, YIMBY revealed a few new renderings for Related’s behemoth office tower 50 Hudson Yards, which is set to rise on the southwest corner of 34th Street and 10th Avenue. While partial permits have already been filed, it appears that the entire tower will imminently be moving forward, with an announcement yesterday on the Nikkei that Mitsui Fudosan would take a 90% stake in the project, which is valued at $3.6 billion.