Hudson Yards

(Read more on the industrial market and more on the multifamily market.)

NEW YORK CITY-Plans were recently unveiled for the Hudson Yards developable tract on the Manhattan’s West Side. The Metropolitan Authority has opened a public exhibition of the proposals the agency has received for the site that was once slated to be the home of New York Jets Stadium. The exhibit will be open to the public from Nov. 19 through Monday, Dec. 3, and will be held at 335 Madison Ave., a storefront that can be accessed at the corner of 43rd Street and Vanderbilt Avenue.

The exhibit, which is located directly across the street from Grand Central Terminal, features models and other presentation materials prepared by each of the five development teams: Brookfield Properties Developer LLC; Extell Development Co.; Hudson Center East LLC and Hudson Center West LLC, a joint venture of Vornado Realty Trust and the Durst Organization Inc.; the Related Cos.; and TS West Side Holding LLC, a joint venture of Tishman Speyer and Morgan Stanley.

According to a variety of news outlets, plans for the 26-acre parcel include:

  • Plans for developer Related Cos., with architect Kohn Pederson Fox, utilize anchor tenant News Corp. to “activate” the park in the words of CEO Stephen Ross and bring people to the area for open air movie screenings and NFL pre-game shows.
  • For developer Extell with architect Stephen Holl, the plan brings a “triple tower” skyscraper to the area and a series of angled towers to bring different slants of sunlight to the area at different times of day.
  • Plans for Vornado and Durst with FXFowle architects call for an elevated “skyline” to run alongside the High Line and a “people mover” to shuttle people over from Penn Station. Architect Dan Kaplan explained that “we wanted to design the area so that it wouldn’t be an island unto itself.”
  • The vision for developer Brookfield Properties, along with architect Skidmore, Owings and Merrill; Field Operations, wraps the area into West Chelsea by reintroducing the street grid for cars and pedestrians. A Diller Scofido + Renfro residential building features a “running track in the sky” between two towers and space for a new Children’s Museum.
  • Developer Tishman Speyer hired Helmut Jahn for the development which centers around an open air amphitheater, 13 acres of open space and residential towers that preserve views. The project is anchored by Morgan Stanley headquarters.

According to the MTA, public input will help inform the selection process. The proposals are now being reviewed by a selection committee with a majority of its members appointed by MTA and with two representatives from Hudson Yards Development Corp. The recommended proposal(s) for each yard will then go to the MTA board for consideration in the first quarter of 2008.