NEW YORK | Hudson Yards Phase 2 | 1,366 - 1,189 - 1,172 FT | 80/80/74 FLOORS

[mrnyc]

Originally Posted by TowerDude

No, the whole Casino needs to go somewhere else. Gambling is a disease and should not be encouraged or rewarded.

totally agree, but that morality ship has sailed.

[Busy Bee]

Originally Posted by TowerDude

Related and Amtrak should also double track the Empire Tunnel as part of this project as well.

That's been discussed in other threads in the past. It's unclear from an engineering standpoint whether that's even possible. If someone has it in with some engineer high up at Amtrak or MTA please pass on the question. It does seem like an obvious need, especially so when future Hudson Line M-N trains will use the West Side Line to reach Penn as part of the second phase Penn Station Access.

[NYguy]

Originally Posted by DCReid

So, if they don't get the casino bid, will the tallest tower be shortened because they won't need the large base?

If they don’t get the bid, they just revert back to the already approved site plan.

Originally Posted by TowerDude

No, the whole Casino needs to go somewhere else. Gambling is a disease and should not be encouraged or rewarded.

LOL, this reads as satire. But I’ll assume you are serious. One thing that pisses me off is when the morality police try to push their beliefs off on everyone. It’s fine to disagree with gambling and casinos. But the solution is simple. DON’T GO TO ONE. There are people who don’t like drinking, and don’t go into bars. And you know what? They’re happy they don’t. New York gets Billions in it’s budget from casinos, money largely put into its schools and other important needs of the public. It would be as foolish to outlaw casinos as it was to outlaw drinking a century ago.

[DCReid]

"If they don’t get the bid, they just revert back to the already approved site plan."

I thought that I heard somewhere that they wanted to emphasize more office space on this second phase compared to residential, since the office portion of phase 1 was more successful.

[NYguy]

Originally Posted by DCReid

"If they don’t get the bid, they just revert back to the already approved site plan."

I thought that I heard somewhere that they wanted to emphasize more office space on this second phase compared to residential, since the office portion of phase 1 was more successful.

They do. But that would be another approval. The approval this time is for the scenario laid out. The alternative is for the purposes of the study. IF they do not get the license, it just reverts to what it is now.

[NYguy]

Meanwhile, the "box" for the new tunnel/rail entrance is under construction. This is on the site where the school (under any scenario) and the office tower would be located.



MARCH 17, 2024


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And Wells Fargo begins the buildout of the former Neiman Marcus space it purchased.

[rgarri4]

From my 3d model:

[NYguy]

Originally Posted by rgarri4

From my 3d model:

Thanks! We may eventually get to see what's planned for the Affirmation Tower site, if Hochul remembers it's still there.

But these designs and renders are good.


An idea of what was planned before. What they refer to as 6 towers was really 8. It was planned that two of the sites would have towers sharing a podium.

[NYguy]

There are people who look at a pre-Hudson Yards west side with rose colored glasses. Some of them never got to see it.



https://www.gettyimages.com/detail/n...?adppopup=true


























It's come a long way, with a lot more to go...



https://www.gettyimages.com/detail/p...&adppopup=true





https://www.gettyimages.com/detail/n...?adppopup=true

[NYguy]

Not to be confused with the site plan, which will come later, or site selection, which will come later than that.



https://www.ny1.com/nyc/all-boroughs...-casino-zoning

Planning Commission approves new casino zoning


By Courtney Gross
Mar. 20, 2024

The City Planning Commission approved new zoning to make way for casino construction in the five boroughs Wednesday.

The new zoning would allow casinos to be built in commercial and manufacturing zones throughout the city, following a rigorous state review and application process. The zoning change will head to the City Council for approval.

“We made this applicable to certain commercial and manufacturing districts in New York City, so that under New York City zoning, if you make it through the rather onerous and complicated state process, then there will be on this occasion only the possibility of locating a casino in New York City,” Dan Garodnick, chair of the City Planning Commission, said.

The changes will mean most casino applications will not have to go through a time consuming and expensive land use process at the City Council in addition to the state licensing process already required.

Of the 11 projects expected to vie for a license, four will still need additional special approval from the City Council even after this zoning change, including a potential project at Hudson Yards, a casino proposal at CitiField, a proposed casino in Coney Island, and a potential project at the Bally’s golf course in the Bronx.

The other applicants, like one in Times Square or a massive expansion of Resorts World in Queens, would not need additional city approvals.

Two members of the planning commission voted against the zoning change, citing the need for more scrutiny of these projects.

The hotel and casino workers’ union, though, applauded the move. The union has already secured agreements from the leading contenders in this casino competition to support union labor.

“The expansion of gaming downstate and around New York City is going to create tens of thousands of those really good solid middle-class jobs, which are so desperately needed,” Rich Maroko, president of the Hotel and Gaming Trades Council, said. “I would hope that the majority of City Council members will see this is beneficial for New York and New Yorkers.”

[Doubleu1117]

Can't complain too much, but I do think I prefer some of the earlier plans with smaller, but more towers. 3 giants like this just adds to Hudson Yards being one big plateau. I was fine with some smaller ones on the riverfront to blend in better

[NYguy]

Originally Posted by Doubleu1117

Can't complain too much, but I do think I prefer some of the earlier plans with smaller, but more towers.

3 giants like this just adds to Hudson Yards being one big plateau. I was fine with some smaller ones on the riverfront to blend in better

There will be smaller towers. Hudson Yards isn't built out yet. Also, Hochul has yet to issue an RFP for the former truck yards just across from the proposed casino.

What I would like to see are three smaller towers, descending in height, and less than the height of 55 Hudson. It remains to be seen which direction Hochul will go, but affordable housing seems to be one way.

[NYguy]

There was a short scoping meeting with City Planning today. Only a few people from the public spoke. Not really any new information given, but information we've seen in the draft scope.

The biggest piece of info is that SOM is the architect. The building heights are still as given, so we should eventually get some updated renderings.



Remember it as it is...

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This entire phase will maintain a FAR of 11. Not much by New York standards.


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Another look at the plan to bring 33rd Street up to grade with 11th Avenue...


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The "no action" condition is the reversion to the original site plan. Shown here is what is expected to be built by "2030", or the build year.

The housing would be phased in, so 3 of the sites would still be unbuilt in 2030.


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The basic plan, as it now stands...


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[TowerDude]

I still think the Marshalling Yard between 33rd and 34th Street and 11th and 12th Avenue should be decked over and turned into a High Line Lawn.

[BK1985]

Originally Posted by TowerDude

I still think the Marshalling Yard between 33rd and 34th Street and 11th and 12th Avenue should be decked over and turned into a High Line Lawn.

Full disagree. There will already be a large park in Hudson yards proper. It should be decked over and developed with apartments per the state’s plan. We are in a massive housing crisis this is what we need instead of spending a billion dollars for a deck only to top it off with a park that will more than likely be underutilized.

[NYguy]

Originally Posted by BK1985

Full disagree. There will already be a large park in Hudson yards proper. It should be decked over and developed with apartments per the state’s plan. We are in a massive housing crisis this is what we need instead of spending a billion dollars for a deck only to top it off with a park that will more than likely be underutilized.

More than likely, Hochul will mandate some affordable housing there when the state issues an RFP for the site. They have to first resolve the issue with the other site (site K) where the Affirmation Tower was proposed. That was re-issued to mandate affordable housing, and this site, which is much larger, would do the same.

When you look at Related's older site plan for the railyards, you can see a potential 3 tower development on the site, though not controlled by Related.

[bdurk]

I hope they build these. Can't wait to see the view coming into NYC on NJtransit in a couple years. Hudson Yards already dominates the view from that angle, these towers will just make it better. BUILD IT!

[NYguy]

https://www.casino.org/news/wynn-new...-of-6-billion/

Wynn’s Bold Bet: New York Casino Investment Set to Surpass $6B





March 19, 2024
Todd Shriber

Related Companies recently unveiled plans for a $12 billion expansion of Hudson Yards on Manhattan’s West Side. Of that sum, Wynn Resorts’ proposed casino hotel would carry a price tag of $5.7 billion.

That’s assuming the operator is successful in procuring one of the three downstate casino licenses New York regulators have yet to award. The $12 billion price tag is well in excess of the $10 billion previously believed to be the potential tab for the project at Hudson Yards. Privately held Related has said it probably won’t move forward with the project without a gaming license.

"Although the total development cost for the Western Hudson Rail Yards complex may be as high as $12 billion, as recently reported, the development cost for the Wynn New York City gaming resort is approximately $5.7 billion, excluding licensing fees and financing costs,” according to a statement issued to Casino.org by Michael Weaver, chief communications and brand officer at Wynn.

While the casino would be the centerpiece of the Hudson Yards expansion, the property would include 1,500 apartments, a public school, a daycare center, and two million square feet of office space.

As Weaver noted, the estimated $5.7 billion cost of a Wynn casino in New York City doesn’t include financing and licensing.

Regarding the latter issue, it was originally believed that New York would require winning bidders to fork over upfront payments of $500 million apiece for licenses. But with the state needing cash, there’s speculation swirling that the permit fees could jump to $1 billion per winning operator.

In theory, before financing costs, Wynn could face expenditures of $6.7 billion in New York if it wins a casino permit. That’s a hefty percentage of the operator’s market capitalization of $10.98 billion as of the close of U.S. markets on Tuesday.

Within the gaming industry, there’s some belief that owing to New York City being perhaps the best untapped domestic casino opportunity, the state has the leverage to increase licensing fees.

The statement issued by Weaver didn’t mention plans by Wynn to issue debt to build in New York, should it garner one of the three casino permits. Should the operator need to go down that road, it could be expensive.

At the end of last year, Wynn had $2.88 billion in cash on hand, as well as access to $736.5 million on a revolving credit facility held by Wynn Resorts Finance.

[TowerDude]

Originally Posted by BK1985

Full disagree. There will already be a large park in Hudson yards proper. It should be decked over and developed with apartments per the state’s plan. We are in a massive housing crisis this is what we need instead of spending a billion dollars for a deck only to top it off with a park that will more than likely be underutilized.

If we're going to count the "Park" in Hudson Yards (which I would not) then the City should own that park not Related Companies.

[BK1985]

Originally Posted by TowerDude

If we're going to count the "Park" in Hudson Yards (which I would not) then the City should own that park not Related Companies.

Why don’t you consider that a park? The city is dotted with with POPs throughout midtown this is just a much larger iteration. The point that I’m making is that since the marshaling yard has to be decked over building a park on that spot isn’t going to return on the investment and also doesn’t make much sense when we need housing. I’m also making the assumption that whatever is built there will have plazas surrounding the high line which I’ve factored into my thought process.