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1 minute ago, mrnyc said:

 

 

koons will take conservative $ for his conservative art:

 

 

Robert E. Mnuchin, an art dealer and the father of Treasury Secretary Steven Mnuchin, made the winning rabbit bid.

Yeah let him fleece them I guess. He is still a hack IMO. 

 

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  • well, would you ???     NYC’s Hudson Yards debuts world’s highest outdoor building climb   ByZachary Kussin October 26, 2021 12:11am       Welcome to

  • yesterday -- the eastern yards opening day    

  • alrighty now -- so here is a look at the vessel.   the weather was iffy, but it was fun, especially at sunset.   fyi -- for the time being if you want to go you have to sign up for

Speaking of shiny steel sculptures in New York, did they ever finish installing the Kapoor's bean under 56 Leonard? I can't find anything since January. 

^ no i walked by recently its still half installed. i happened to meet the art handlers installing it in december at a happy hour i think and they said it was complicated, but it would be fine. no doubt they got sent back to england when covid struck, so its in limbo. 

 

i cant even imagine because anish kapoor lives in the building, so hopefully its got to be completed at some point  ???

 

for now it looks like a decrepit shanty town mess on the site, just like the rest of the city does these days. ugh.

  • 2 weeks later...

another less sung new neighborhood is getting ready for its debut.

 

manhattan west, which is the eastern end of the hudson railyards that was decked over and is being developed by brookfield, is opening up next year:

 

https://nypost.com/2020/11/22/manhattan-west-complex-to-get-food-hall-hotel-restaurants/

 

 

2 mw, the twin tower of the recently opened 1 mw, is supposed to be completed and to open in 2023.

 

this is a render of the view between the two towers.

 

 

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I wonder what's up with the NHL logo sign seen in the lower left quadrant above the plaza.

too soon for a hy throwback? ha.

 

here is something that did not get built.

 

its by som for the main towers of the hudson yards.

 

the site is where the mall and the coach tower are now.

 

 

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Edited by mrnyc

  • 2 weeks later...

i found a throwback -- hy in 2005:

 

 

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  • 4 weeks later...

the core of 50 hy has reached its pinnacle.

 

 

BY: MICHAEL YOUNG 8:00 AM 

ON DECEMBER 24, 2020

 

Construction of the concrete core appears to have topped out at 50 Hudson Yards, a 1,011-foot-tall commercial supertall in Hudson Yards and number eight on our countdown of the tallest buildings in progress in the New York metropolitan area. Designed by Norman Foster of Foster + Partners and developed by Related Companies with Oxford Properties, the 58-story skyscraper will yield 2.9 million square feet of office space, making it the largest building by volume in the first phase of the Hudson Yards master plan.

 

more:

https://newyorkyimby.com/2020/12/50-hudson-yards-concrete-core-reaches-1011-foot-tall-pinnacle-in-hudson-yards.html

 

 

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  • 2 weeks later...

well, well, out of nowhere today the ny gov said the highline is be ... expanded!

 

not willy nilly tho, just a bit east and west. 

 

west to the hudson river park and east to the new moynihan train hall.

 

 

 

$60 Million High Line Expansion to Connect Park to Moynihan Train Hall


Gov. Andrew Cuomo will propose a 1,200-foot elevated pathway that will lead to the new Penn Station development, to be financed by public and private funds.


By Mihir Zaveri and Daniel E. Slotnik
Jan. 11, 2021

 

 

 

...

 

Gov. Andrew M. Cuomo said on Sunday that the High Line will be extended to connect to the newly opened Moynihan Train Hall, a project that he said help spur development in the surrounding neighborhoods and boost an economy facing a deep crisis because of the pandemic.

 

...

 

The new link, officials said, will provide an alternative way to access the new station, which serves Amtrak and the Long Island Railroad. It’s part of a broader package, including the new train hall and improvements sought for Pennsylvania Station, that seeks to improve the experience of taking mass transportation into and out of New York City.

A 1,200-foot elevated walkway will connect the existing High Line at 30th Street to a pedestrian path at Manhattan West, a mixed used development adjacent to the train hall.

State officials could not provide a specific timeline on when construction on the expansion would start or when they expected it to be complete.

 

...

 

State officials estimate the connector between the High Line and Moynihan Train Hall would cost about $60 million, though that figure could change.

Mr. Cuomo said one-third of it would be financed by the state; another third would come from Brookfield Properties, the developer of the mixed-use development next to the train hall; and the remainder would come from nonprofit groups and other private organizations.

 

 

more:

https://www.nytimes.com/2021/01/11/nyregion/moynihan-station-high-line.html

 

 

 

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  • 2 weeks later...
  • 4 weeks later...

this is 2mw progress -- from recently:

 

 

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this is on the southwest corner of the hudson yards 

at 11th ave & 30th st

 

 

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  • 1 month later...

they keep going at it over at one manhattan west ...

 

 

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chris08876

 

 

... but apparantly its not all work and no play !  😂🍀

 

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https://www.instagram.com/p/CMiYKQ8nrTy/

  • 2 months later...

this wednesday at 11am you can watch them open the shell of the shed performance building at hudson yards on the insta:

 

 

On Wednesday, June 30th between 11 AM and noon, we’ll be retracting the movable shell that defines our building. As we conclude the performances of our Open Call program, the shell that currently covers our McCourt space will be moved back to nest over the fixed building. You can watch in-person from the Hudson Yards plaza or tune in on Instagram Live (@theshedny) to watch us move!

 

HOW DOES THE BUILDING MOVE? The movable shell travels on a double-wheel track based on gantry crane technology commonly found in shipping ports and railway systems. A rack-and-pinion drive moves the shell forward and back on four single-axle and two double-axle bogie wheels that measure six feet in diameter.

 

HOW LONG DOES IT TAKE FOR THE SHELL TO MOVE? The deployment of the shell takes approximately five minutes!

 

WHAT IS THE SHELL MADE OF? The exposed steel diagrid frame of the movable shell is clad in translucent pillows of durable and lightweight Teflon-based polymer, called ethylene tetrafluoroethylene (ETFE). With the thermal properties of insulating glass at a fraction of the weight, the translucent ETFE allows light to pass through and can withstand hurricane-force winds.

 

HOW LARGE IS THE SHELL? Measuring almost 70 feet (21 meters) in length in some areas, The Shed’s ETFE panels are some of the largest ever produced.

 

 

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  • 4 weeks later...
7 hours ago, mrnyc said:

more sad news here. what a boondoggle. the vessel is very cool no question, but its also an obvious suicide magnet. and now it might be closed for good:

 

https://www.thedailybeast.com/billionaire-developer-stephen-ross-mulls-closing-nyc-hot-spot-the-vessel-after-14-year-old-leaps-to-his-death

 

It makes me mad when the kids family was with him or her and this still happened. Then they have the balls to blame the vessel ownership / development for not doing enough. "Ah yes you look suicidal before you enter you must be tethered to the vessel railing at all times...

Yeah blaming the developer is so misguided. Should we blame our education system for not teaching young people about mental health? Nah. Should we blame our healthcare system for limiting access to mental health services? Nope. Should we blame our society for continuously portraying mental health problems as a weakness? No. We should totes blame the developer who built this. They caused the underlying problems....

 

I hate that this happened. It's horrible. But just blaming the developer completely misses an opportunity to discuss mental health in kids and how we can prevent suicide by fixing root causes. Instead it'll now be focused on what? Railing height? Yeah because that's the thing to focus on. 

 

This whole situation is unfortunate.

  • 2 weeks later...

Well it is closed and looks like they are going to have to do something. Either raise the barriers or install one this one cannot get through but is not like being in a jail cell.

 

This whole thing was really a mistake IMO.  It is an ugly stairway to nowhere and looks alienating as hell. No wonder people choose to commit suicide there. 

I suppose they could enclose most of it in high transparent walls(outward facing and inward facing)... but then you have problems with air circulation not to mention the grimy nasty handprints that would be everywhere! I remember that from the WTC indoor observation deck-nasty grimy handprints all over the windows really took away from the views. And outside you were too far away from the edge to really get the real feel of it. 

Edited by Toddguy

Raising the barriers won't do anything. That's the nature of a staircase. If you can't climb over the barrier directly next to you, you can still jump off the stair and easily over even a high barrier further down the staircase. And like you said, fully enclosing it really isn't an option.

 

Call it a mistake, but the "stair to nowhere" thing is so tired of a critique. Perfectly fine to dislike it, it's a stupid show of excessive personal wealth and a tourist trap, but the "stair to nowhere" argument makes literally no sense in the context of it being something you occupy, not a piece of infrastructure designed to move you from point A to B.

i wonder the newer versions of fine, see-thru mesh you see around would work? 

  • 2 months later...

low income and income based housing towers are moving along on a former slaughterhouse site.

 

i think its going to have a hotel and grocery store too.

 

and no parking of course (this ain't chicago), but there will be bike storage:

 

 

 

Permits Filed for a Two-Tower Development at 495 11th Avenue in Midtown West, Manhattan

 

By: Vanessa Londono

6:30 am on October 18, 2021

 

Permits have been filed for 495 Eleventh Avenue, a pair of mixed-use residential skyscrapers atop of a five-story podium in Midtown West, Manhattan. Located between West 39th and 40th Streets, the two towers will stand 680 feet tall and 57 stories, and 653 feet tall and 56 stories. NYC Economic Development Corporation is listed as the owner behind the applications.

 

The proposed 589,842-square-foot development will have a hotel component in the south tower with 683 rooms and residential use in the north tower with 358 units, as well as 45,344 square feet of community facility space. There will be no accessory parking in the concrete-based structure, but a bike storage room on the cellar level will have 774 square feet for 86 bikes and a bike storage room on the first floor will have 861 square feet for 96 bikes. New renderings released in early spring of 2021 also depicted a larger range of programming including NYPD parking spaces, offices, retail space, and supportive housing units.

 

 

more:

https://newyorkyimby.com/2021/10/permits-filed-for-a-two-tower-development-at-495-11th-avenue-in-midtown-west-manhattan.html

 

 

 

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^ it might seem somewhat bland until you check out the hideous previous designs! 🤮

 

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also, they are talking about this nearby cantilevered residential supertall on 418 eleventh avenue right across the street from the javits center.

 

 

Could Adjaye Associates’ first supertall tower rise in Hudson Yards?

By Jonathan Hilburg •

October 15, 2021 •

Architecture, Development, East, Unveiled

 

 

If The Peebles Corporation gets its way, the Site K project would be the city’s first majority Black developed, designed, and constructed projects. As Patch points out, the McKissack Group, which has been tapped as the construction firm of choice, is “the oldest minority/women-owned design and construction” firm in the U.S.

 

more:

https://www.archpaper.com/2021/10/could-adjaye-associates-first-supertall-tower-rise-in-hudson-yards/

 

 

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flecked concrete seen at the base renders

 

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1 hour ago, mrnyc said:

low income and income based housing towers are moving along on a former slaughterhouse site.

 

i think its going to have a hotel and grocery store too.

 

and no parking of course (this ain't chicago), but there will be bike storage:

 

 

 

Permits Filed for a Two-Tower Development at 495 11th Avenue in Midtown West, Manhattan

 

By: Vanessa Londono

6:30 am on October 18, 2021

 

Permits have been filed for 495 Eleventh Avenue, a pair of mixed-use residential skyscrapers atop of a five-story podium in Midtown West, Manhattan. Located between West 39th and 40th Streets, the two towers will stand 680 feet tall and 57 stories, and 653 feet tall and 56 stories. NYC Economic Development Corporation is listed as the owner behind the applications.

 

The proposed 589,842-square-foot development will have a hotel component in the south tower with 683 rooms and residential use in the north tower with 358 units, as well as 45,344 square feet of community facility space. There will be no accessory parking in the concrete-based structure, but a bike storage room on the cellar level will have 774 square feet for 86 bikes and a bike storage room on the first floor will have 861 square feet for 96 bikes. New renderings released in early spring of 2021 also depicted a larger range of programming including NYPD parking spaces, offices, retail space, and supportive housing units.

 

 

more:

https://newyorkyimby.com/2021/10/permits-filed-for-a-two-tower-development-at-495-11th-avenue-in-midtown-west-manhattan.html

 

 

 

 

 

 

 

^ it might seem somewhat bland until you check out the hideous previous designs! 🤮

 

 

 

 

"low income" and "Income based" will always be out of touch for many.  I don't have faith that those who need housing will be able for afford and apartment, but to actually live and maintain in this neighborhood. 

7 minutes ago, MyTwoSense said:

 

"low income" and "Income based" will always be out of touch for many.  I don't have faith that those who need housing will be able for afford and apartment, but to actually live and maintain in this neighborhood. 

 

 

you're right. they should only build market rate around here. the poors don't have any right to live in this expensive area. let the tax dollars from these developments fund apts for the poors in the boros.

15 minutes ago, mrnyc said:

 

 

you're right. they should only build market rate around here. the poors don't have any right to live in this expensive area. let the tax dollars from these developments fund apts for the poors in the boros.

 

HUH? You kind of lost me.  To clarify, the prices for sale and the rents for apartments will still be out of touch for those who fall within the requirements of being labeled "low income".

 

On top of that, the apartment will probably be a tiny studio or one bedroom (less that 675 sq feet).  My thought is even if you do qualify to live in one of the units, the prices of things in the neighborhood, are sky high, so even though you live in Hudson Yard or an adjacent block, you probably couldn't afford to eat or shop in your neighborhood on a regular basis.

 

I think developers saying they are building for "low income" and "income based" is BS when you look at the location and area in more depth.

7 minutes ago, MyTwoSense said:

 

HUH? You kind of lost me.  To clarify, the prices for sale and the rents for apartments will still be out of touch for those who fall within the requirements of being labeled "low income".

 

On top of that, the apartment will probably be a tiny studio or one bedroom (less that 675 sq feet).  My thought is even if you do qualify to live in one of the units, the prices of things in the neighborhood, are sky high, so even though you live in Hudson Yard or an adjacent block, you probably couldn't afford to eat or shop in your neighborhood on a regular basis.

 

I think developers saying they are building for "low income" and "income based" is BS when you look at the location and area in more depth.

 

i didn't lose you about anything.

 

with market rate tax revenues in that hot development and as you say expensive neighborhood they could build palaces for the poors out in the boros, where it is somewhat cheaper to live.

 

what i have seen of new building of this type that has been going up across the city like hotcakes is they are very nice and working people and poor folks are eager to get in on them. there is never enough of course, but the rate of new construction of them lately is quite impressive and its good to have this new and attractive tower style in the mix.

 

there is nothing wrong with spreading income based housing around the city. hudson yards needs worker bees after all and they have to live somewhere, so why not nearby. i mean we have still plenty of food shopping options around us, even cheaper ones like western beef grocery, but i still grocery shop up in the gwb bus station grocery store or in brooklyn sometimes on my commutes and bring it home, that's just the way it is these days. i hate those delivery services.

1 minute ago, mrnyc said:

 

i didn't lose you about anything.

 

with market rate tax revenues in that hot development and as you say expensive neighborhood they could build palaces for the poors out in the boros, where it is somewhat cheaper to live.

 

what i have seen of new building of this type that has been going up across the city like hotcakes is they are very nice and working people and poor folks are eager to get in on them. there is never enough of course, but the rate of new construction of them lately is quite impressive and its good to have this new and attractive tower style in the mix.

 

there is nothing wrong with spreading income based housing around the city. hudson yards needs worker bees after all and they have to live somewhere, so why not nearby. i mean we have still plenty of food shopping options around us, even cheaper ones like western beef grocery, but i still grocery shop up in the gwb bus station grocery store or in brooklyn sometimes on my commutes and bring it home, that's just the way it is these days. i hate those delivery services.

You did lose me.

 

What I'm saying is, if developers, who have taken tax breaks and incentives from the city, county and state.  They could do better with housing for those that are "low income" and "income based" residents.  I'm not writing/saying that low income / middle class people should not live in those areas, I'm saying developers and the city/state, do not make it financially worth it.

 

I personally believe these types of developments are sub standard "human warehousing".  I completed renovating a building because I and my partner, wanted to provide housing for teachers, med professionals, women, handicapped/impaired and LGBT+ people.  I wanted them to live in and be able to live and be apart of the neighborhood they chose to live in.  Not a pawn with no voice or options.

^ sounds like you are out of the loop on all the new income based housing going up around the city.

 

much of it is quite impressive in scope and design and you would have no idea what type of building it was.

2 minutes ago, mrnyc said:

^ sounds like you are out of the loop on all the new income based housing going up around the city.

 

much of it is quite impressive in scope and design and you would have no idea what type of building it was.

 

I can admit that, as I am biased against "new build" housing.  I think everyone here knows I love pre-war residential SFH and condos/apartments.

 

Although people would say I'm out of touch, I do believe people should earn a living wage and be able to live in a decent home.  I also know the definition of a "living wage" and "decent" home varies, based on who is questioned.

well, would you ???

 

 

NYC’s Hudson Yards debuts world’s highest outdoor building climb

 

ByZachary Kussin

October 26, 2021 12:11am

 

 

 

Welcome to City Climb, a high-altitude attraction that takes up to eight daredevils and their skyscraper sherpa to a dizzying 1,271-foot-high perch, called the “Apex,” near the tower’s crown.

It begins at the building’s 100-story-high Edge observatory and only gets higher from there, with guests taken along a dizzying series of stairs and platforms that continually rise in altitude.

All it takes is $185 for a ticket and a strong stomach.

 

Visitors with lesser constitutions can stick to Edge — a viewing platform 1,131 feet up that’s safely ensconced by glass paneling where general admission starts at $36 for adults. There, you can step out onto a portion of glass flooring for an added thrill.

 

 

more:

https://nypost.com/2021/10/26/nycs-hudson-yards-debuts-worlds-highest-outdoor-building-climb/

 

 

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I hate this place.....

  • 2 weeks later...

here is another tasty badazz render for 418 11th ave tower

 

-- feast your eyes on this awesome, ginormous, 1600', BLACK made tower america. 👍

 

 

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On 10/26/2021 at 11:33 AM, mrnyc said:

well, would you ???

 

 

NYC’s Hudson Yards debuts world’s highest outdoor building climb

 

 

 

Uh no. My legs went out from under me when I walked out on to the see-through glass outcropping atop Willis Tower.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

i walked thru penn station moynihan train hall recently

and you can see 2mw that is u/c nearby via the skylight

 

 

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another pic from the same walk

this is via the hudson river park & w30st

 

 

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  • 7 months later...

it looks like the minority owned and built 418 11th avenue affirmation tower mega project is coming back online. the adjaye designed supertower was one of six bids for the hudson yards site, but the only one known. however, it all was canceled back in december because nys wanted more housing included. the bids will be going back out again soon -- and affirmation folks are jumping right back in:

 

 

 

Cheryl McKissack Daniel on Making the Construction Business More Diverse

 

By IvyLee Rosario 
June 30, 2022

 

 

Could you provide any updates on the Affirmation Tower project and your role?


McKissack Daniel: McKissack will operate as an owner on the development team and provide construction management services to build the $3.5 billion building. The RFP was canceled back in December, and we understand it is being reworked to include housing.

Recently, as announced by the Hochul administration, it is my understanding that this RFP will be coming back on the street. We are anxiously awaiting the opportunity to pursue this again. Affirmation Tower to us is something we absolutely have to make sure is built in New York. Whether it’s through ESD (Empire State Development), which is our first preference, or if it’s with another piece of land or government entity, we feel that Affirmation Tower definitely needs to be built.

 

 

more:

https://www.commercialsearch.com/news/cheryl-mckissack-daniel-on-making-the-construction-business-more-diverse/

 

 

let don peeples tell you about their plans -- 

 

  • 11 months later...

well, of course he got it wrong —

 

thankfully hy is fine even post covid  — 

 

 

 

 

https://therealdeal.com/new-york/?p=804785

 

 

Lander on Hudson Yards: “I got it wrong”


Comptroller admits development producing more tax revenue than expected
 

 

JUN 20, 2023
By Erik Engquist

 

Quote:

By Erik Engquist

 


Hudson Yards has for years been a punching bag for progressives. They called it a giveaway to Big Real Estate, a bad risk for taxpayers and a billionaires’ playground. When the pandemic set the project back, they called it karma.

So it was surprising, even shocking, when City Comptroller Brad Lander — successor to Bill de Blasio as the city’s top elected progressive — openly admitted the Bloomberg administration was right about Hudson Yards’ public financing scheme.

It’s not just working, but working better than anticipated — even after the development was slammed by Covid.

“One really interesting thing we looked at this month, in the Class A, in the trophy parts of the market, things are actually really rebounding well,” he said on NY1.“Hudson Yards is giving about $200 million more a year than we expected, and that’s going to grow to $300 million.”

 

The interviewer, Errol Louis, a veteran of city politics and a former candidate himself, did not miss the significance of Lander’s statement. A couple of minutes later, he returned to the subject.

“You had been a skeptic of the financing of Hudson Yards,” Louis noted.

The city issued bonds to pay for billions of dollars’ worth of infrastructure, notably an extension of the No. 7 line, to make the massive development possible. Bondholders would be paid back by the resulting increase in property tax revenue, Doctoroff promised. If revenue fell short, city taxpayers would be on the hook.

Lander was one of the voices on the left who openly questioned the administration’s financial alchemy. But after looking at the numbers — which, as comptroller, is his job — he has come around. All the way around.

 

”I own this,” Lander said. “You know, one thing you try to do in the comptroller’s office is collect the data and have it test your priors. In this case, I was a critic of the Bloomberg administration’s financing scenario. They basically used the city’s credit card to finance Hudson Yards and put the city at risk, and I and others raised concerns that it would expose the city.”

“As it has played out, Hudson Yards is financing that debt and now returning, again, a couple hundred million dollars more to the city than we expected,” the Park Slope Democrat said. “So this is one place I gotta say I got it wrong.”

 

Subways, pedestrian improvements and parks are things that government is supposed to pay for. No one thinks of Central Park as a subsidy for Billionaires’ Row, Prospect Park as a handout for Brooklyn property owners or Grand Central Terminal as welfare for Midtown.

Another fact long forgotten is that the Related Companies only got to develop Hudson Yards because Tishman Speyer pulled out, deeming it too risky in the wake of the Financial Crisis. If Related got a “sweetheart deal,” it’s worth asking why a rival developer turned it down.

….. “The data has helped me see some changes there,” Lander said on NY1. “Still some questions about the architecture, I guess, but on the financing, at an important moment for the city, it’s making a big difference.”

 

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  • 5 months later...
  • 3 months later...

via nypost i think — first look at the renders for the casino pitch to get the western hudson yards built out —

 

 

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edit — wynn casino entrance view — it would definitely not be a cheap looking place — 

 

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the other tower — we don’t know who is designing any of this yet —

 

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Edited by mrnyc

That draped entry feels very reminiscent to the draped entry for Project Commodore. Wonder if it's SOM doing this proposal.

On 3/15/2024 at 11:07 AM, jmicha said:

That draped entry feels very reminiscent to the draped entry for Project Commodore. Wonder if it's SOM doing this proposal.

 

thats the guess. 

flashback to hudson yards pre development --

 

 

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  • 5 months later...

the related/wynn western yards casinoplan unveiled (its not won a casino yet) —

 

 

 

Stunning video reveals what proposed $12 billion NYC casino would look like

 

By Carl Campanile

Published Aug. 27, 2024

 

 

more:

https://nypost.com/2024/08/27/us-news/stunning-video-reveals-what-proposed-12-billion-nyc-casino-would-look-like/

 

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A rendering of the proposed casino in Hudson Yards from Related Companies and Wynn Resorts. Related Companies and Wynn Resorts

 

 

I'm personally rooting for the Hudson Yards and Mets-adjacent casinos to win the licenses. While they're at it, require those developers to contribute a pile of money to the 7 and build the infill station at 10th ave and update every station that isn't already being renovated along the line. Make them all ADA accessible, update all the platforms with proper lighting, rebuilt stairs, proper signage, etc. and dedicate a good chunk towards new rolling stock for the line. I believe there are also a few straggling aspects of the current 7 line controls system that are the limiting factor for speed limits and number of trains per hour. Let's get rid of those as well.

 

If we're going to have casinos, let's use them to strategically improve a line which serves a humongous population who don't have other train lines as an option for most of its length.

 

Also, I live along the 7 and want improved 7 service even though it's already great.

Edited by jmicha

yeah hudson yards is my top choice because its the only way to kickstart getting the western yards built out. otherwise that will be a long time coming. after that i dont really care about the other two casino awards, but it looks like the other contenders are: mets/willets point, coney island, times square, the existing restricted racinos empire & aquaduct, and perhaps random long island/upstate, but nearby.

 

its not supposed to be decided until december 2025.

 

edit: i heard the cleared out old power plant area just below the united nations was another contender site.

 

 

 

Edited by mrnyc

That was a very fascinating article about the overall casino awarding process. I had no idea any of this was going on. I remember the fight when Ohio allowed casinos. This is quite the next level of politics and money.

 

  • 1 month later...

related is go for a new office bldg in hudson yards to start Q1 2025 — not a super tall, maybe 800’?, but large at 1.2M sq ft —

 

 

 

 

What office meltdown? Developers see a shortage of high-end space and are rushing to build it.


-Much of the office market may be mired in a downturn, but demand has been strong for high-end space.


-New office construction has dropped off sharply, leading to a potential upcoming shortage.


-Major developers and tenants have taken notice, and projects are revving up to break ground.

Daniel Geiger
10 03 2024
 

 


The large development firm Related Companies, meanwhile, says that four office towers it has built with Oxford Properties as part of their Hudson Yards mega-project, are now 99% full. The team is readying to begin a new 45-story, 1.1-million-square-foot office property called 70 Hudson Yards next year.

"We think we're going to be one of the only new buildings in '27, '28 when there's going to be no new supply," Philippe Visser, Related's president of office development, said.

 

Even as overall office vacancy is now at 15.1% in Manhattan, according to CBRE, Visser sees little competition between the overwhelming majority of that empty space and Hudson Yards, where a number of major corporate names have migrated in recent years to take occupancy of newly built buildings. Tenants include Wells Fargo, KKR, BlackRock, Meta, and L'Oréal.

"All these successful companies who are looking for really dynamic office space want new construction," Visser said.

 

 

more:

https://www.businessinsider.nl/what-office-meltdown-developers-see-a-shortage-of-high-end-space-and-are-rushing-to-build-it/

 

 

 

70 Hudson Yards (517 West 35thStreet)

 

 

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A rendering of the North East Terrace at the planned 70 Hudson Yards office building.
 

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