Hudson Yards, Manhattan West, and associated infrastructure and transit improvements will transform the far West Side of Manhattan for good. Two recent panels discussed and revealed some important new insights on these two enormous projects, which will have wide-ranging effects on New York City’s real estate and construction industries.
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Two new leases at Hudson Yards have boosted commitments at the project’s first planned office tower to nearly 80 percent.
In an effort that will completely redefine Manhattan’s far West Side, the city officially broke ground earlier this week on the massive Hudson Yards project, which will feature at least two LEED Gold office towers.
With $400 million in financing secured from Bank of America and a Middle East wealth fund, Related is ready to break ground on the first commercial office tower at its 300-acre Hudson Yards project, which will be home to Coach and seek a LEED Platinum rating from USGBC.
The handbag maker Coach has agreed to purchase a 600,000-square-foot condominium interest in the first commercial office tower that will rise at the Related Companies’ 60-block, 300-acre Hudson Yards development on Manhattan’s West Side.