Following nearly a dozen years of urban planning and construction costs in excess of $15 billion, the Hudson Yards mega development’s first phase is rounding the corner toward completion as its commercial, retail, and residential properties hit the market. Related Companies has opened three model units at 35 Hudson Yards, the second residential skyscraper within the new West Side neighborhood.
Excavation is progressing at 9 DeKalb Avenue in Downtown Brooklyn, the site of the borough’s first supertall. The 1,066-foot-tall tower is designed by SHoP Architects and developed by JDS, which secured $664 million in funding for the project several months ago from Otéra Capital Inc. and Silverstein Capital Partners. The 73-story residential tower will eventually become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter supertall threshold.
Work on 15, 30, and 35 Hudson Yards in the first phase of Related Companies’ master plan is wrapping up, as the construction elevator hoists on the exterior of the skyscrapers are in the process of being dismantled. The fast pace of construction at the $25 billion Midtown site was followed by a number of milestone completions, dedication ceremonies, and openings. 15 Hudson Yards is designed by Diller Scofidio + Renfro and Rockwell Group, 30 Hudson Yards by Kohn Pedersen Fox, and 35 Hudson Yards by Skidmore Owings & Merrill.
The first official DOB applications have been filed for JPMorgan’s new 57-story supertall office tower at 270 Park Avenue in Midtown East, Manhattan. YIMBY last reported on the 270 Park Avenue site when developer JPMorgan Chase filed a text amendment with City Planning for a tower designed by Foster + Partners Architects. Located between East 47th Street and East 48th Street, the lot is five blocks north of Grand Central Station, serviced by Metro North, as well as 4, 5, 6, 7, and S trains.
New photographs of Central Park Tower, aka 217 West 57th Street, show the glass climbing even closer to the top of the tallest residential building in New York and the Western Hemisphere. The reinforced concrete structure will soon top out at 1,550 feet. The project is being designed by Adrian Smith + Gordon Gill and developed by Extell, which is expecting a project sellout of $4 billion. The Nordstrom retail component in the podium will open on October 24, 2019.