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That may or may not be a current design...

Quote:

VOA developed the 451 Tenth Avenue design proposal with Highgate Hotels for a site in Hudson Yards. Featuring over 150,000 SF
of functional space connected by a five-story atrium, 1,000 hotel keys, and 200,000 SF of luxury condominiums, the project would have been
the first new convention hotel in NY since the Marriott Marquis opened in 1985.

My wits though, is that those lots were consolidated as was originally intended with the Hudson Yards rezoning...

http://www.pbase.com/nyguy/image/162709915/original.jpg

http://media-cache-ec0.pinimg.com/73...c6f277e343.jpg

It's nice to see so many dingy lots massed together for a single, unified project.

https://therealdeal.com/2017/02/01/s...n-yards-sites/

Spitzer, Related team up to develop 1.4M sf Hudson Yards sites
Project would include residential and large office component

https://s14.therealdeal.com/trd/up/2...ds-Spitzer.jpg

February 01, 2017
By Rich Bockmann

Quote:

Eliot Spitzer and the Related Companies are joining forces to build a 1.4 million-square-foot apartment-and-office development on a pair of adjacent sites they own in Hudson Yards, The Real Deal has learned.

The partnership doesn’t simply place the former governor and top executives from Related back at the negotiating table – Spitzer’s administration in Albany worked with the firm and Vornado Realty Trust a decade ago on the Moynihan Station project – it also helps them potentially front-load the development’s residential portion at a time when there’s still heaps of competition for office tenants on the Far West Side.

Representatives for Spitzer declined to comment on the partnership, while Related did not immediately return a request for comment.

Related signed a contract in September 2013 to buy its site at 517 West 34th Street for an undisclosed price, while Spitzer paid $123 million to assemble his site next door, records show.

The partners have asked the city for permission to split the project into two phases. In addition, they’re asking the city for special permission to build all 341,000-square-feet of residential space in the first phase. Under existing zoning conditions, they would only be able to build up to 100,000 square feet of residential space in the first phase.

Phase one would start with what the developers are calling the “Tenth Avenue Parcel between West 35th and West 36th Streets,” where they wish to build a 415,000-square foot, mixed-use building with 400 apartments set atop nearly 75,000 square feet of office and retail space.

Phase two, which would rise directly next door on the “Hudson Boulevard Parcel,” would see the construction of a roughly 950,000-square-foot office tower overlooking Hudson Boulevard Park.

Their proposed development sits in an area of the Far West Side that the city rezoned in 2005 when it paved the way for Related’s Hudson Yards megaproject, which is now rising a few blocks south over the Metropolitan Transportation Authority’s rail yards.

City planners zoned the blocks north of 34th Street where the Spitzer and Related properties sit to encourage developers to build large, mixed-use projects. But the city officials wanted to keep an emphasis on commercial use in that stretch of the Far West Side, so they included a stipulation that a developer could only build residential units once all of the floor-to-area ratio designated for commercial space on a site was exhausted.

But the city left open a back door in case the market became oversaturated with office space. It allowed developers with large sites – those with a lot area of at least 69,000 square feet – to build their residential portions first, so long as the final project met the required ratio for residential-to-commercial square footage.

Spitzer and Related’s combined sites, however, don’t meet the mark. The sites combine for a lot area of just 56,793 square feet. Under the current zoning rules for lots that size, even if the developers phased their projects they would have to stick to the site’s residential-to-commercial ratio. Under that guideline, their 415,000-square-foot building would be allowed to have only about 100,000 square feet of residential in phase one, not the full 341,000 square feet they’re asking the city to green-light.

In their application to the city, Related argued that there’s already a “substantial” amount of commercial development underway or planned in the Hudson Yards district, and they wanted the “flexibility” to meet the demand for residential housing first.

Spitzer and Related aren’t the only developers who would rather focus on residential use in the Far West Side.

Silverstein Properties is considering splitting its 1.6 million-square-foot development site several blocks north at 11th Avenue between West 40th and 41st streets into residential and commercial phases. Under that proposal, the residential component would be built first. That site, however, lies outside the Hudson Yards district and is subject to its own unique zoning conditions.

Nice to see another parking lot bite the dust.

Related wants to keep that momentum going after 50 Hudson. This site will be about a block north, leapfrogging the Spiral. And a 1msf office tower on the new Hudson Blvd is good for this new "Park Avenue".

1.4 mil sq ft will go far. Will be pretty sizable. I predict 600 ft and 750-850 ft for the residential and office component tower(s).

Been a while since this thread has seen action on a potential hotel development.

Somewhat recent news as of May 2017.

=======================

David Marx secures $67M refinancing for Aloft hotel site

Quote:

Developer David Marx continues to put the pieces together for an upcoming Aloft hotel at 450 11th Avenue, refinancing the project with $67 million in loans, documents recorded by the city Friday show.

Lender Cottonwood Management replaced an existing loan from Madison Realty Capital TRData LogoTINY with $55 million in new financing. Hong Kong-based Celona Asset Management provided an $11.9 million gap mortgage, records show.

The Aloft (a Starwood Hotels and Resorts brand) will have 420 rooms when construction finally wraps. It’s been a long time coming, too — Marx’s Marx Development Group first set out to build the hotel at the site just across from the Jacob Javits Center in 2007.

Marx did not immediately respond to a request for comment.

======================
https://therealdeal.com/2017/05/26/d...ft-hotel-site/

the Marx hotel in the above article is 450 Eleventh, a different project.
451 Tenth was acquired by Spitzer and is part of a co-assemblage with Related (511 West 35th) that will yield two other buildings.

Two-Tower, 1.4 Million Square-Foot Mixed-Use Project Planned at 511 West 35th Street, Hudson Yards

Quote:

The latest plans call for a 415,000-square-foot tower on the corner of West 35th Street and Tenth Avenue. That building, which would be constructed first, would include roughly 75,000-square-foot of commercial space for office and retail uses, followed by 400 residential units. The second tower would be a 950,000 square-foot office tower on the corner of West 35th Street and Hudson Boulevard East

https://commercialobserver.com/2018/...ted-companies/

Mack Real Estate Lends $65M for Related’s Hudson Yards Development Site

https://nyocommercialobserver.files....0497.jpg?w=748

BY MACK BURKE
SEPTEMBER 19, 2018

Quote:

Mack Real Estate Credit Strategies provided $65 million to Related Companies for its $96 million purchase of a site at 517 West 35th Street, according to records filed today with the New York City Department of Finance. The lot has been tapped to house a portion of a 1.4-million-square-foot mixed use project to be built in conjunction with Eliot Spitzer.

...Related and developer Spitzer have come together with plans to build the behemoth mixed use office and apartment development on adjacent lots at the site—at 517 West 35th Street and 511 West 35th Street, respectively.

Via an interview with Elliot on January 01, 2019:

Looks like Phase I with the residential tower, with the office tower, 1 mil sq-ft, in phase II.

Quote:

[...]

Over to Hudson Yards.

I don’t want to say more than I should — because our partner there is Related — but the resi piece, which will be 400,000-plus square feet, will start soon. And then the million-square-foot office tower will move forward. I usually go over there on weekend mornings when I go out to Brooklyn for a while and then I’ll drive over there. We don’t have anything there yet to check on but the block, so I go there and see the other projects.

[...]

======================
https://therealdeal.com/issues_artic...eliot-spitzer/

An update from the inimitable New York Yimby:

https://newyorkyimby.com/2019/06/per...manhattan.html

I wonder if this is still the design.

https://imgs.6sqft.com/wp-content/up...-b-150x150.jpg

Looks like the title should be changed per new info:

NEW YORK | 451 10th Avenue | 580 FT | 44 FLOORS

Quote:

Permits have been filed for a 44-story, mixed-use building at 451 10th Avenue in Hudson Yards, Manhattan. Located between West 35th Street and West 36th Street, the corner lot is one block north of the 34th Street-Hudson Yards subway station, serviced by the 7 train. Bryan Cho of Related Companies is listed as the owner behind the applications. In 2017, Spitzer Enterprises and Related Companies announced a partnership to develop a two-tower, 1.4-million-square-foot project at that site.

The proposed 580-foot-tall development will yield 414,634 square feet, with 267,915 square feet designated for residential space, 113,513 square feet for community facilities, and 33,205 square feet for commercial use. The tower will have 526 residences, with an average unit scope of 509 square feet. The concrete-based structure will also have a cellar and a 14th floor mezzanine.

Frank Fusaro of Handel Architects is listed as the architect of record.

Demolition permits were filed in March of this year. An estimated completion date has not been announced.

https://therealdeal.com/2019/06/12/g...n-yards-tower/

Golden years: Spitzer, Related bringing senior housing to Hudson Yards tower
Developers received permission in 2017 to build residential portion before offices

https://s11.therealdeal.com/trd/up/2...ds-650x405.jpg

By Kevin Sun
June 12, 2019

Quote:

The next new development to ride Manhattan’s senior housing wave could soon be coming to Hudson Yards.

Eliot Spitzer and the Related Companies’ mixed-used project at 451 10th Avenue is now set to include 126 “long-term care facility dwelling units” across the fifth through 12th floors, according to plans pre-filed with the city’s Department of Buildings on Friday. The 44-story tower will also contain roughly 400 apartments on its upper floors, in line with the developers’ previously-disclosed plans for the site, which represent the first phase of an apartment-and-office development totaling 1.4 million square feet.

Quote:

Though Spitzer was originally reported to be planning a boutique office building and hotel on his parcels, the partnership with Related evidently led to a change in plans. In May 2017, the partners received permission from the city to split the project into two phases, and to build all 341,000 square feet of residential space first, despite local zoning rules that prioritize the development of commercial space.

Plans for the second phase of the development, a roughly 950,000-square-foot office tower overlooking Hudson Boulevard Park, have yet to be filed with the DOB.

@ Nyguy

I think there are two threads for the same project: http://forum.skyscraperpage.com/show...=210706&page=2

It looks REALLY lame. :slob: