„ The team is readying to begin a new 45-story, 1.1-million-square-foot office property called 70 Hudson Yards next year.**
If we go by the floor dimensions of the other standard Hudson Yards office towers (10 & 30), this tower would be ~760 feet tall.
No way 70HY and Commodore tower will be constructed on spec at the same time. That’s just too much risk for the CRE market these days, even with relatively low interest rates.
Surefire predictions can be risky. Sometimes buildings that begin construction during a downturn in the market are completed two or three years later when the market perks up. They can end up doing very well in the market. A firm with deep pockets and a bit higher risk tolerance than others ends up deepening their pockets a bit more.
1 Like
11 Likes
12 Likes
New Renderings
Credit: NYguy on SSP https://skyscraperpage.com/forum/showpost.php?p=10330789&postcount=48
70 Hudson Yards??
15 Likes
„ Related is in talks with potential tenants for a 47-story tower it plans to build at 70 Hudson Yards, where asking rents are as high as $200 a square foot, Visser said.
Just north of Related’s project, the Spiral — a 66-story skyscraper that opened last year — is nearly full with tenants including HSBC Bank USA. The bank, which has a hybrid work policy for most employees, has about an 80% office-utilization rate at the Spiral, up from roughly 40% at its previous building, a spokesperson said.
“More than double the number of people are coming to work, because they love where they work,” said Rob Speyer, CEO at Tishman Speyer, the Spiral’s developer. And the bank has already expanded its lease at the tower, after moving in just earlier this year.“
Over NYguy on SSP
7 Likes
It looks better than the last one IMO, by the way what’s that building with a block at the top to the side Of it?
2 Likes
Don’t mind it. I think Hudson Yards could use some filler and height variety anyways.
9 Likes
Hudson 36?
1 Like
Thanks!
1 Like
I like this design. Plain as it may appear, it reflects all of its neighbors.
515 w 36th: Crown
451 10th Ave: Terracotta
Spiral: Open spaces
10 Likes
They will skimp out on lighting too. Watch
4 Likes
https://www.instagram.com/p/DHeIBu6y6rx/
47 FLOORS
676 FEET
4 Likes
https://www.wsj.com/real-estate/commercial/deloitte-office-hudson-yards-manhattan-4a55d495
Deloitte has committed to move its North American headquarters to Hudson Yards, the sprawling master-planned development on Manhattan’s West Side, according to people familiar with the matter. The firm will occupy 800,000 square feet of the 1.1 million-square-foot tower known as 70 Hudson Yards.
Related Cos. reached an agreement with Deloitte even before the New York developer broke ground on the new office tower, which is expected to begin in June. The more-than-60-floor tower will be the largest ground-up U.S. office development to start construction since the pandemic.
Related’s 70 Hudson Yards ticks most of these boxes. The building will include a large event space, private dining, a media-podcast studio and “red eye” suites for employees and guests to freshen up after flights. Deloitte, which currently counts Manhattan’s Rockefeller Center as its national office hub, will also have use of an 8,000-square-foot terrace at 70 Hudson Yards.
9 Likes
according the Bisnow article this building will be 717 feet tall, although only one of the renderings makes it look to be that height, the other shows it at around 800 ft.
4 Likes