Hudson Yards

Silverstein Properties Enters Midtown West’s Hot Market

Midtown West is abuzz with many new developments set to scrape the sky. The Hudson Yards project has developers scrambling to add their own unique touch to the new Manhattan skyline. Larry Silverstein is the latest developer to set his eye on the soon-to-be bustling part of town, and has narrowed his sights to developing W. 41st and 11th Avenue.

 

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Water Under The Bridge (If It Had the Funding)

Since Hurricane Sandy swept through the East Coast, redevelopment has been unfortunately slow.  Late last month, the Metropolitan Waterfront Alliance met for their annual conference, this time titled, “Rebuilding our Waterfront: From the Water In, From the Grassroots Up”, in the hopes of addressing progress thus far, and how to continue forward.

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Update: Hudson Yards Project

The once forgotten rail yard on the west side of midtown along the Hudson River, has been a hot topic in the past year. According to the Related Company, we’re going to experience the “New Heart of New York” come 2018. Construction and renderings for the Hudson Yards Project have been developing for a year now, but what’s the progress of this progressive city in a city?

Check out the progress of 2012-2013 here:

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Counting Down the Top NYC Real Estate Tycoons (Part II)

Earlier this week, we introduced numbers 9 through 5 of New York City’s most prominent real estate tycoons, including successful developers such as David Walentas and Donald Trump. In part two of our countdown series, we introduce to you the top 4 individuals who made the list. Who will take the number one spot in being the most lucrative landlord in NYC Real Estate? Continue reading to find out.

 

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Developments Rising by the High Line

The Standard Hotel was recently sold for more than $400 million, which works out to approximately $1.2 million per room.  But the hotel, which straddles the High Line, will be joined by new developments that look to the park as a focal point.

Area: 
Lower Manhattan
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The Only Constant in Chelsea Is Change

Ah, Chelsea. From the delicious Saturday brunches at the mom and pop cafes, to the sophisticated art exhibits, to what has become New York’s favorite elevated riverside park, there is something for everyone in this eclectic West Side neighborhood.  
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SKY HIGH: The New Exhibit at the Skyscraper Museum

The Skyscraper Museum’s latest exhibit “SKY HIGH & the Logic of Luxury” is on from October all through April of 2014. True to its name, this time round the museum has dedicated an entire exhibit to bring to light the recent proliferation of the slim, super-slim, and ultra-luxurious residential towers that are rising to the skies in Manhattan.

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Business Blossoming on Orchard

In early 2012, the New York Times reported that Orchard Street was in the midst of a revitalization. New restaurants and luxury boutiques were replacing garment shops and used furniture stores. More surprisingly, it was becoming an artistic mecca.

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The Culture Shed: NYC's Upcoming Modern and Eclectic Artistic Venue

New York City will soon add yet another artistic center to its already lush cultural landscape: the Culture Shed. Although its name is somewhat unambitious, its aspirations certainly are not. At the end of July the city announced that it would provide $50 million for the project.

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Is Time Warner Westward-Bound?

Earlier this month, Time Warner’s tentative plans for a mass exodus from its Midtown headquarters came to light after the media/entertainment giant entered exclusive talks with Related Construction. The deal hasn’t been officially inked yet, but the move would take the companies operations Westward to Hudson Yards. While it appears to be a win-win for both parties involved, the thought of empty skyscrapers in Midtown is a concern for some.

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