NEW YORK | 360 10th Avenue | 1,000 FT | 67 FLOORS

[NYguy]

Originally Posted by ILNY

This is my opinion, waiting for more news. $3Bln number is a media magnet, most likely created for that purpose. It will be interesting to see how Frank McCourt’s is going to maneuver out of it.

Of course it's waiting for more news. They've just announced the development team and the architect. But you also seem to not take note of everything else going on in the Hudson Yards. We just have to wait and see what happens.

Same goes for 60+ story "Hudson Spire" .

And you're plain wrong about that one. Just completely wrong because the breakup of the costs was given.

Originally Posted by Crawford

I assume with Hines developing, SHOP as architect, and tons of development rights on a small plot, we are talking a supertall here.

SHOP supposedly has three supertalls under development in Manhattan, so this would be one of the three.

Yeah, I forgot about that. It very well could be. So if we've named two, (and they said at least 2 more), I wonder where the third will be. All mysteries to be revealed.



http://www.quidnuncre.com/2014/09/29...o-hudson-yards

Hines Gets Into Hudson Yards

September 29, 2014
By QuidnuncRE Staff

Houston-based real estate development and management firm Hines today confirmed that it is joining with MG Properties to develop 360 Tenth Ave. for mixed-use.

Hines is based in Houston but operates internationally, and has a New York office that manages 16 commercial properties in the city, including several prominent office towers.

MG Properties is the NYC-based real estate investment and development arm of McCourt Global, the investment firm started by Frank H. McCourt Jr., who is best known as a former owner of the Los Angeles Dodgers.

McCourt's costly divorce led to the team's bankruptcy, and a sale forced by Major League Baseball in 2012. Prior to his 2004 purchase of the Dodgers, McCourt was best known as a Boston real estate developer; his family has been in building, construction and development for more than a century.

MG Properties bought 360 Tenth Ave., adjacent to the Hudson Yards development at W. 31st St., from NYC's Sherwood Equities for about $167.5 million last year.

http://www.mg.com/mg-properties-hine...ted-architect/

MG Properties and Hines Team Up on 360 Tenth Avenue; SHoP Selected as Architect

....Recently named the world’s most innovative architecture firm by Fast Company, SHoP has been a creative force behind many notable projects in New York City in recent years, including: 111 West 57th; 626 First Avenue; Gotham Gateway; the Domino Sugar Refinery and Barclays Center.

“We are thrilled to be working with McCourt and Hines to design this important new tower at the terminus of the High Line and the hinge between the Hudson River and Penn Station. We hope to create a building that evokes the best of historic Chelsea while making a strong contemporary addition to the skyline.” said Vishaan Chakrabarti, a partner at SHoP Architects.