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Developer Acquires Air Rights For Planned Hotel At 450 11th Avenue, Hudson Yards District

6:30 am on July 10, 2015 By Reid Wilson

Marx Development Group has acquired 35,550 square feet of transferable development rights for $7 million as they prepare to build a 39-story and 438-key hotel at 450 11th Avenue, in Midtown West. According to Commercial Observer, the building will measure 213,300 square feet, although plans have yet to be filed with the DOB. Multiple single-story commercial buildings must first be demolished, and ground breaking is planned in 2016.

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Hudson Rise

Design Update on 470 Eleventh Avenue, aka Hudson Rise, Stalled Hudson Yards Mixed-Use Skyscraper

8:00 am on July 1, 2015 By Nikolai Fedak

With the first of Related’s Hudson Yards towers now inching towards its pinnacle, it should come as no surprise that other developers with nearby sites are also beginning to move ahead with plans of their own. Kuafu Properties and Siras Development are building a 700-foot tall 42-story mixed-use tower at 470 Eleventh Avenue, between 37th and 38th Streets, and YIMBY has a fresh set of close-up renderings that also show some slight modifications to the “lantern-inspired” design.

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550 West 37th Street

Tishman Speyer To Acquire Mixed-Use Development Site At 550 West 37th Street, Hudson Yards

12:15 pm on June 11, 2015 By Reid Wilson

Tishman Speyer is in the process of acquiring the development site at 550 West 37th Street — on 11th Avenue, between West 36th and 37th streets — in the Hudson Yards district, for $185 million. According to Crain’s Business, the parcel boasts 735,000 square feet of mixed-use building potential, but can be expanded to roughly 1.7 million square feet with the purchase of bonus air rights. The developer also plans a significant tower at 435 10th Avenue, a few blocks to the south.

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Hudson Yards

Related’s 30 Hudson Yards & Retail Base Go Vertical, Far West Side

6:30 am on June 11, 2015 By Reid Wilson

YIMBY has word that the 100,000-ton steel order placed for the construction of Related’s Hudson Yards development is now making its way to the Far West Side, and Curbed has photographic evidence. Dubbed “The Shops & Restaurants at Hudson Yards”, the seven-story, 1 million square-foot retail base being built between 10 and 30 Hudson Yards will feature 100 different establishments, and is scheduled to open in 2018.

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55 Hudson Yards

First Lease Signed At 55 Hudson Yards, 51-Story, 780-Foot-Tall Office Building

6:30 am on June 10, 2015 By Reid Wilson

The law firm Boies, Schiller & Flexner has signed a lease for 83,000 square feet at 55 Hudson Yards, a 51-story, 1.3 million square-foot office building in the works on the Far West Side. According to The Wall Street Journal, who first broke the news, the lease is the tower’s first. In March, YIMBY brought you news of excavation work beginning, and currently, foundation work is underway. Related, Mitsui Fudosan America, and Oxford Properties Group are developing, and opening is slated for 2018.

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