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Quote:

Originally Posted by ChiND (Post 10407838)

Thanks. So if they get the license, the full podium that was initially shown will still be built?

Yes. That’s what the alternative scenario is for, in case they don’t.

Quote:

Originally Posted by NYguy (Post 10407859)

Yes. That’s what the alternative scenario is for, in case they don’t.

Thanks. Let's hope that the City makes the sensible decision.

Is the opposition primarily to the casino or the entire development in general?

Quote:

Originally Posted by Zerton (Post 10407872)

Is the opposition primarily to the casino or the entire development in general?

They claim to want the thousands of condos - which Related has stated would start at $5 million and up - that were eliminated from the plan. Nobody in New York is demanding that, just the opposite in reality. They’re also using the argument that it will harm the High Line and block views from it. Something so stupid, it defies all logic and common sense. They’re not even fighting for more affordable units, something the borough president said he would like.

https://www.yogonet.com/internationa...ssion-approval

April 10, 2025

ZONING VOTE CLEARS KEY HURDLE
New York: Hudson Yards casino proposal gains momentum with City Planning Commission approval

Quote:

Wynn Resorts' proposed casino development on Manhattan’s West Side moved a step closer to realization this week, as the New York City Planning Commission voted in favor of zoning modifications for the Western Rail Yards site in Hudson Yards.
The decision paves the way for the project, spearheaded by Related Companies, Oxford Properties Group, and Wynn, to compete for one of the highly sought-after downstate casino licenses.

https://imagenesyogonet.b-cdn.net/da...-render-03.jpg

https://www.nydailynews.com/2025/04/...casino-debate/

NYC comptroller hopeful Justin Brannan nets key union support amid Hudson Yards casino debate

By CHRIS SOMMERFELDT
April 10, 2025

Quote:

The Hotel Trades Council and 32BJ, two of New York’s most influential unions, are throwing their political weight behind Justin Brannan’s bid for city comptroller — the labor groups’ first citywide endorsements in the 2025 cycle.

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Besides being the first citywide 2025 endorsement they’re offering, it’s significant that HTC and 32 BJ are in Brannan endorsing the more progressive candidate in the race. The unions typically back moderate candidates, but HTC and 32 BJ officials told the Daily News they opted against backing Manhattan Borough President Mark Levine, Brannan’s main rival in the June 24 Democratic comptroller primary, for a handful of reasons.

For HTC, which represents hotel and gaming workers, the officials said the union grew skeptical of Levine after he used his Manhattan BP post in February to advise against awarding Wynn Resorts a license to build a casino in Hudson Yards, a project that’d likely bring thousands of jobs to add to the union’s ranks.

Brannan “has always supported policies that lift up working families, promoted responsible development that creates high-quality jobs, and stood firmly against the erosion of housing protections,” HTC President Richard Maroko said.

For 32BJ, which represents building service workers, the officials said Brannan was a strong supporter of labor rights and credited him for helping advance a bill to launch the Office of Healthcare Accountability, which seeks to drive down medical costs for New Yorkers.

“Justin Brannan is a strong progressive leader who has consistently fought for working people,” 32BJ SEIU President Manny Pastreich said.

This will be the most sybaritic casino in the world.

The free drinks will be served in golden chalices.

Quote:

Originally Posted by The New York Lion (Post 10411029)

This will be the most sybaritic casino in the world.

The free drinks will be served in golden chalices.

:cheers::cheers::cheers:

A place apropos for 007 and Pussy Galore!

https://cdn20.pamono.com/p/s/1/7/175...d-in-black.jpg

https://www.google.com/url?sa=i&url=...AAAAAdAAAAABAE

Now we shall see how much they really wanted that housing....

https://w42st.com/post/developers-th...on-yards-west/

Developers “Think Outside the Box” to Add More Housing at Hudson Yards West

https://i0.wp.com/w42st.com/wp-conte...50%2C703&ssl=1

by Catie Savage
4/25/25

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In a dramatic shift aimed at regaining community and political support, Related Companies and Oxford Properties Group announced today (Friday) they plan to significantly increase the number of proposed housing units at Hudson Yards West — from 1,500 to as many as 4,000 — while maintaining the originally agreed 324 affordable units, fulfilling their commitment to the City.

The announcement follows months of heated opposition to the developers’ previous plans, which include a casino on the Western Rail Yards site, that many local leaders said prioritized commercial interests over housing in one of Manhattan’s last major development opportunities.

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The new plan is built on what the developers describe as an “innovative public-private financing structure,” using a payment-in-lieu-of-taxes (PILOT) program, which was used to facilitate the development of the eastern portion of Hudson Yards. That structure, which helped fund the eastern section of Hudson Yards, would allow Related and Oxford to construct the $2 billion platform needed to build over the active Long Island Rail Road tracks.

Crucially, it would also allow for the replacement of a previously planned office tower with two residential towers, tripling the total housing units in the proposal.

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“Over the last few months, we met with the community and heard consistent calls to add more housing to Hudson Yards West, even as many acknowledge the unique financial hurdles of developing the site,” said Related CEO Jeff Blau. “We tried to think outside the box and identified a historically successful funding model that would allow us to increase the amount of housing at the site to up to 4,000 units, while still preserving the other critical benefits of the project. This is the type of creative solve the community has been asking us to find, and we look forward to discussing it with the City Council.”

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In the press release, Related emphasized that the expanded housing proposal came after “over 200 community meetings where housing emerged as a top priority.” It also noted that a similar financing model had already returned over $500 million in excess revenue to the City from the eastern Hudson Yards development and could remit another $2 billion by 2028.

Still, skepticism is likely to remain high in Hell’s Kitchen and Chelsea, where community leaders have been wary of Related’s shifting plans. Many have expressed concern that without a binding commitment to housing, the area could be left with a cluster of office towers — and, potentially, a casino — rather than a vibrant mixed-use neighborhood.

https://www.crainsnewyork.com/politi...ubling-housing

Related sweetens embattled Hudson Yards casino with 2,500 new apartments

Nick Garber
4/25/25

Quote:

The developer will remove a proposed 1,400-foot office tower and replace it with two residential buildings, raising the project’s total from 1,500 apartments to as many as 4,000. The promise comes in response to outcry from neighborhood residents who criticized Related for trying to change the terms of a 2009 rezoning that required 5,800 homes to be built on the site. Related needs the City Council to approve those zoning changes in the coming weeks for the developer to have any shot of competing in the state-led process to award three downstate casino licenses this year.

To pay for the new housing in the absence of the office tower, Related — with its partners Wynn Resorts and Oxford Properties — are proposing a financing structure in which the developer would make payments in lieu of taxes, or PILOTs. Those PILOTs, which likewise need City Council approval, mirror the system that was used for the initial phase of Hudson Yards and would help cover the cost of the new housing and the $2 billion platform over the western half of Hudson Yards where the complex would sit.

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It’s unclear whether the changes will satisfy opponents of Related’s megaproject. Its fate is in the hands of local Councilman Erik Bottcher, who has expressed skepticism and is coming under heavy pressure from groups including Friends of the High Line — a nonprofit that is campaigning against the proposal over fears it would harm the linear park. The opposition has threatened to derail what otherwise looked to be among the strongest contenders for a casino license, given its size and promise to create 35,000 construction jobs.

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Related will ask the council to approve the new PILOT scheme at the same time as the zoning changes, which are due for a vote by early June. All downstate casino bids will also be submitted in June, and the state has given bidders until Sept. 30 to resolve all their local land-use issues.

Even if it does not win one of three downstate casino licenses, Related says the PILOT scheme will be necessary to pay for any future development atop the so-called Western Rail Yards. Although its 2009 deal with the city called for using luxury condo sales to finance that buildout, the developer says construction prices have more than doubled in the ensuing years, while condo sales have become less predictable.

I’m fine with this. The office tower didn’t look that great. Also, I think that there’s more demand for office space in midtown right now.

I wouldn’t be surprised if BP’s 34th St tower is converted to housing.

Quote:

Originally Posted by ChiND (Post 10416315)

I’m fine with this. The office tower didn’t look that great. Also, I think that there’s more demand for office space in midtown right now.

The office space in Hudson Yards is filled. The demand is strong there, so strong in fact that Related sold the former retail space vacated by NM to Wells Fargo to be converted to more office space. When they said they could start building the office tower today, they weren't lying.

Meanwhile, the switch to so many residential units means that this phase likely won't be built all at once, with the residential towers being phased in. That could take a decade or more.

Still, it will be interesting to see how the NIMBYs really feel about all of this expensive, new housing that they have been demanding.

Old compared to new...

https://a4.pbase.com/g13/06/102706/2....32a8a950.JPEG

https://www.hudsonyardswest.com/hudson-yards-west

https://www.hudsonyardswest.com/_nex...eg&w=1920&q=75

Quote:

Up To 4,000 Residential Units for New Yorkers

The expansion is made possible by an innovative public-private financing structure with precedent at Hudson Yards. By creating a payment-in-lieu-of-taxes (PILOT) program to leverage incremental property taxes, Hudson Yards West can overcome financial challenges of the site, including the necessary construction of a $2 Billion platform over the existing railyards. The program, which will finance the construction of the platform and infrastructure for LIRR, will then make it viable to replace a previously planned office tower with two new residential towers. In sum, this would allow for the creation of up to 4,000 total housing units on the site.

A similar financing model under the Hudson Yards Infrastructure Corporation (HYIC) was used to facilitate economic development at the eastern portion of the site, including the No. 7 train expansion and a new public park. That program did more than improve local infrastructure: it has already remitted more than $500 million in excess revenue to New York City due to the economic success of Hudson Yards, with an additional $2 Billion forecasted to be remitted by 2028.

If approved during the zoning process, Hudson Yards West would now be among the largest additions to Manhattan’s housing stock in decades.

the W42 group is already claiming on twitter that related dropped the casino in lieu for this, LMAO. meanwhile you can see the edge of the casino in the image.

I think I'm disappointed a bit by this, not because of the increase in housing (that is always needed) but the lack of a visual impact on the southern end of the western yards. They are both relatively short. I wish they could have figured out a way of adding more housing without sacrificing the office tower.

Lame.

Terrible.

These towers are SHORT.

A massive loss for NYC.

Quote:

Originally Posted by BK1985 (Post 10416337)

I think I'm disappointed a bit by this, not because of the increase in housing (that is always needed)

I'm sorry, but those thousands of market rate ($4 million +) condos is not something NYC needs, especially when condos are going up all over the city. As far as those idiots claiming victory over the casino, they're as stupid as they always have been.

Disappointing but most proposals overshoot, I'd still be happy with a ~1,200 footer since it seems that's part of the plan.

The other 7-800 foot towers are alright, the designs are at least unique.

Could Empire Station / Port Authority developments still lead to a 400+ meter tower? It would be nice for this area to have one of those someday.

..

Quote:

Originally Posted by Zapatan (Post 10416391)

Disappointing but most proposals overshoot, I'd still be happy with a ~1,200 footer since it seems that's part of the plan.

The other 7-800 foot towers are alright, the designs are at least unique.

Could Empire State / Port Authority developments still lead to a 400+ meter tower? It would be nice for this area to have one of those someday.

There was no overshoot here. They have once again shifted plans. It now remains to be seen if the city/state will accept the financing model to get the platform built. They did it with the first phase, but there are critics for everything. Also, the alternative scenario (should they not get the casino license) could show the return of the office tower.

BTW, the whole purpose of redeveloping the area isn’t just so a 400 meter tower can rise.

Quote:

Originally Posted by NYguy (Post 10416349)

Oh Hmm, I stupidly assumed the additional units were "affordable".

Besides Gehry's planned res tower and the high-line the entirety of the Hudson Yards complex is extraordinarily bland, corporate and boring. The Urban development is terrible and there's no small businesses in the area.. devoiding it of soul.

Quote:

Originally Posted by Zapatan (Post 10416391)

I actually like the revised proposal better. But maybe one consolation will be that some of the other office proposals next to HY will be built sooner and maybe will be even taller, like 70 HY.

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