NEW YORK | Hudson Yards Phase 2 | 1,376 - 1,189 - 1,180 FT | 80/80/74 FLOORS

[ssh]

If there are really as many tenants seeking Class A office as Holliday thinks, then I don't see Related having much trouble filling up an office tower larger than 50 Hudson Yards.

[Mulan]

Higher than 50 Hudson Yards, that would be great. I hope they are planning a counterpart to 175 Park Ave here on Phase Two.
When can construction of the platform actually begin?

[NYguy]

Originally Posted by ChiND

Are there height limits to it though?

Why would there be?

Originally Posted by Mulan

When can construction of the platform actually begin?

The New York Industrial Development Agency hasn’t had the final, formal vote yet (a formality). Once that’s settled, I’m sure Related has enough movement in play that work could begin before the end of the year. Everyone wants to strike while the market is hot, which it looks to be for some time now, thanks to the lack of new office supply.

[ChiND]

Originally Posted by NYguy

Why would there be?

I didn’t know whether, in dealing with the Marxists with respect to financing the platform, they forced height limits and extorted “affordable housing”ransoms.

[NYguy]

https://www.politico.com/news/2026/02/16/hudson-yards-development-related-rail-yard-00782312


By JANAKI CHADHA
02/16/2026

Related still needs to secure an anchor tenant and bring a specific proposal before the largely mayor-appointed board of the little-known Industrial Development Agency, which oversees tax incentives and is housed within the Economic Development Corporation. Mamdani has yet to name his pick to lead the economic development arm, which he is refashioning to focus on “economic justice.”

The Hudson Yards Infrastructure Corporation — a body set up to finance projects in the area — has yet to conduct an analysis to ensure that revenues from the future development would be sufficient to pay back the city-backed debt. The board of that corporation, which is controlled by the mayor, would then need to actually approve the bonds and finalize the terms of the financing.

Finally, the mayor must sign an agreement before the financing structure can go into effect.

….. the western rail yards project would create a significant infusion of residential units amid a mammoth housing shortage and affordability crisis — an issue that was the centerpiece of Mamdani’s insurgent mayoral campaign. Tinkering with the agreement risks Related walking away, leaving the vast site undeveloped.

Parker, of Related, said the latest plan can “realistically be built and financed, despite the enormous and growing costs of the platform over the working railyard.” Once it secures an anchor tenant — it’s having conversations with a few well-known companies — Related plans to engage with City Hall.

The local community board’s land use committee discussed the financing scheme at a meeting Wednesday, and the board is planning to write a letter to the new mayor, City Council speaker and comptroller formally asking them to reevaluate the agreement. Some members say the deal received little oversight when it was first advanced last year, and appears to extend city assistance to public benefits that — community members hold — Related previously committed to covering on its own, like the construction of a public school.

Ellen Baer, an IDA board member, voted in favor of a step to advance the financing deal when it came up in November. She echoed concerns about “the lack of analysis,” but added a word of caution.

“I understand that this is a commitment that was made — anecdotally, verbally, whatever it is, over time — by the city and I do feel that the word of the city has to matter in some of these negotiations and has to go through administration after administration,” she said at the November meeting. “The city has to be an entity on which the private sector can rely in order for us to have ongoing public-private partnerships.”

[NYguy]

• Video Link

[NYguy]

With everything that's been built in the Hudson Yards so far, there's still as much and more to be built. I always tell people, the HY as it is today is not as it is intended to be. Still a work in progress.



https://youtu.be/-6hHDKu-6Uk?si=H2bwf_nYd1Bdc6GM

[ChiND]

Phase 2 is going to be incredible. The park looks amazing.

: 9 14 49 33 50

[NYguy]

https://www.silive.com/news/2026/03/here...-tunnel-between-new-york-new-jersey.html

Here’s when first massive boring machine will start carving tunnel between New York, New Jersey


Mar. 26, 2026
By Jillian Delaney

A massive tunnel boring machine is preparing to carve a tunnel between New York and New Jersey after President Donald Trump halted progress in early January.

Both New York Gov. Kathy Hochul and New Jersey Gov. Mikie Sherrill sued the U.S. Department of Transportation, resulting in a win for both states: As of late February 2026, the Gateway Tunnel is back on track.

“Hundreds of pieces of the first tunnel boring machines are set to be assembled, the slurry wall, at the Hudson County Shaft, is finished creating the dry, protected shell where future work will proceed,” Sherill said during a Gateway Development Commission meeting Monday. ”And most important, 1,000 workers are back on the job. It’s a big deal."

According to Advance/SILive.com sister site, NJ.com, the first of the four machines is already being assembled in North Bergen. Another is en route to Weehawkin, according to Gateway CEO Tom Prendergast — the mind behind the technology making the tunneling possible.

On the New York side of things, tunnel boxes have already been put into place “between the High Line and Hudson Yards … and is connected to the first and second tunnel boxes to Penn Station.”

As for when the North Bergen boring machine will be activated? Prendergast predicted it will occur in the second or third quarter of the year, with an occasion planned to celebrate its commencement.

“There’s a big event for that, because we want to show the whole world that this is a specific piece of equipment that is going to bore through the Palisades,” Prendergast said.

[NYguy]

https://therealdeal.com/new-york/2026/05...au-new-york-still-center-of-real-estate/

Related’s Jeff Blau: New York still the center of real estate universe
Developer reiterates commitment to Big Apple at TRD Forum


MAY 6, 2026

Related Companies chief executive officer Jeff Blau is steadfast in his commitment to New York City, characterizing the metropolis as a heart of talent and business.

Speaking on the evolution of his firm and the broader market at the TRD Forum on Wednesday, Blau emphasized that despite Related’s expansion into sectors like data centers — not a New York-centric business — the company’s identity is inextricably linked to New York.

Reflecting on the 15-year journey of Hudson Yards, Blau noted the district has successfully become a premier commercial hub, boasting 100 percent occupancy. He dismissed concerns about the death of the office sector, asserting the office market is at an all-time peak and will continue to succeed as companies follow the talent pool that resides in the city.

Beyond Manhattan, Related is navigating a complex landscape. While the firm is actively building for Ken Griffin in Brickell, Blau described Florida as a “difficult state” for their specific operations.

The company is also pivoting toward infrastructure for the digital age, aggressively entering the data center market across several states. Blau acknowledged the potential for NIMBYism surrounding these projects but stressed the importance of community-friendly development, including localized benefits like affordable housing and municipal infrastructure.

The discussion was not without controversy. At several different junctures, protestors emerged from the audience to shout down Blau and Related for the company’s use of taxpayer dollars for luxury housing; one of the protesters was comedian and actor Walter Masterson.

The protest appeared related to a deal struck under the previous mayoral administration that would have New York City bankroll a roughly $2 billion platform over the West Side rail yard for development at Hudson Yards. Related’s retracted casino bid was designed to provide an economic engine for the construction of that platform, according to Blau.

When that didn’t pan out, Eric Adams agreed to a $2 billion tax break intended to finance the platform, a prerequisite for Related to build four mixed-use towers delivering approximately 4,000 residential units (mostly luxury rentals with a minimum of 625 affordable apartments), green space and a school. The Mamdani administration recently showed signs of cooling on the tax break.

The disruptions didn’t appear to dent Blau’s overall message.

“New York City is our home,” Blau concluded, urging stakeholders not to give up on the city’s resilience.

[NYguy]

https://www.costar.com/article/1236055013/new-yorks-hudson-yards-is-fully-occupied-related-ceo-says

Offices at New York’s Hudson Yards, biggest project of its kind, declared fully occupied


By Andria Cheng
May 7, 2026

Hudson Yards — the largest private real estate development in U.S. history and home to a roster of blue‑chip tenants — has fully filled its offices as the high-profile project and the city's market have overcome the major blow delivered by the pandemic.

New York’s market for offices is now sitting at an “all‑time peak,” according to Related Cos. CEO Jeff Blau, as the company said its workspaces are completely occupied.

“When we started marketing Hudson Yards 15 years ago, all I would hear from CEOs is, ‘Where is Hudson Yards?’ and ‘Why would I ever move my company there?’” Blau said this week at The Real Deal's NYC Real Estate Forum.

He added that “we've really turned Hudson Yards into the center of business and commerce for New York City. Today, anybody that's looking at leasing space at scale at least shows up ... and sees what we have right now. We don't have any space. We're 100% occupied.”

Hudson Yards — along with Brookfield Properties’ Manhattan West and Vornado Realty Trust’s Penn District around Penn Station to the east — stands out as one of Manhattan’s in‑demand trophy office clusters, attracting well‑capitalized tenants willing to pay record rents amid the broader flight‑to‑quality trend. New York has outperformed other major U.S. cities in office recovery since the pandemic.

“New York is extremely resilient,” Blau said. “The office market is at an all-time peak. Companies want to be here. … The main reason they're here is that people want to be here. ... As difficult and as expensive as it is here, this is where talent lies, and companies will continue to come here as long as we create an environment that attracts talent.”

In Manhattan, Related remains an active office developer. The firm is building 70 Hudson Yards, where Deloitte will relocate its North American headquarters. The tower is about 60 percent leased, a Related spokesperson told CoStar News. Related is also developing 625 Madison Ave. on Manhattan’s east side — the site of its former headquarters — after acquiring the property from SL Green Realty Trust.

“We’re very active developers of brand‑new trophy office buildings,” Blau said. “We call them Class Double A office buildings.”

Related also plans to build an office tower west of the existing Hudson Yards campus as part of the project’s second phase, which includes housing and a large public park. The plan moved forward after the developer last year abandoned its bid for a downstate casino license. The City Council later approved a $2 billion financing plan to construct a platform over an active rail storage yard that must be built before development can proceed.

[NYguy]

About 28 minutes in, Blau states they hope to make an announcement this year and the office building will be a 3 msf building along with 2,500 apartments at the same time...



• Video Link

[chitowncyclone]

Originally Posted by NYguy

About 28 minutes in, Blau states they hope to make an announcement this year and the office building will be a 3 msf building along with 2,500 apartments at the same time...

3 million square feet is huge, that could easily be a 1400 ft building.

[chris08876]

That unit count would also place it as one of the largest residential towers in the metro. For comparison, one journal square has close to 1800 units. Would be massive numbers. The city needs more of these. More high unit count towers.

[Crawford]

Great news! 3 million square feet most likely means an epic supertall.

[Age of Whamsies]

Originally Posted by Crawford

Great news! 3 million square feet most likely means an epic supertall.

It is, as they say, the age of whamsies

[NYguy]

Originally Posted by chris08876

That unit count would also place it as one of the largest residential towers in the metro. For comparison, one journal square has close to 1800 units. Would be massive numbers. The city needs more of these. More high unit count towers.

That count could be more than one tower.

[ChiND]

NY Guy,

Is this still the latest site plan for the western yards?



It looks like the office tower will be about 1,200 feet tall based on this schematic that you posted previously (assuming that it’s still relevant) since its roof seems somewhat taller than the Edge observation deck.

[NYguy]

That site plan is somewhat what the current planning is, but that graphic is for an older version, and a smaller office tower (shown below)

[DCReid]

Originally Posted by NYguy

That site plan is somewhat what the current planning is, but that graphic is for an older version, and a smaller office tower (shown below)

What about site B - was that supposed to be mostly residential? I would guess that if they want to add more offices they would reduce the residential/hotel and maybe make sites C2 and C3 mixed use with boutique offices added. I suspect that they would not want to build a huge 3 million sf office tower as it would be difficult to fill but keep C1 as the larger office tower and add boutique offices to the other sites. C2 and C3 accommodate heights well larger than what the plans for the hotel and residential so they could add offices on top. I don't think the residential or hotel components have been as strong as the offices in this development or in Manhattan in general.