Dizzying Designs

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Hudson Yard_Aerial from south

Coach Moving Into the Twin Peaks of Hudson Yards [Pics]

Coach has come to Hudson Yards and classed up the joint as only a luxury bag maker could. Not only did the mayor make the company’s lease official today, flanked by Council Speaker Christine Quinn and Related’s Steve Ross, he announced that following the fashion house’s move would be Fashion Week itself, he hopes. They could ride the 7-Train over from Bryant Park, as it was also promised that the extension would be completed as promised by 2013.

But we know what you really care about, the tantalizing new renderings from KPF, who is planning the site and building the two eastern most office towers, the first of which will be home to Coach and open in 2015—full of other firms, too, if you’re in the market. Related is still looking to fill, oh, 25.4 million square feet here and there. Read More

Westward Expansion

Little help? (Related Companies)

Go West, Old Men! Nine Firms Vying for Huge Hudson Yards Leases

It took decades for the New York Coliseum to be torn down and replaced by the Related Companies’ Time Warner Center. While most of that time it was a different developer trying to build the damn thing, the fact remains, Related’s president Jeff Blau has his work cut out for him. “At Hudson Yards, we’re looking at about 2.5-times the Time Warner in that first phase, and the key to getting financing will be getting the office space leased,” Mr. Blau said yesterday at the Masters of Real Estate panel hosted by The Observer.

Until he can find tenants for at least a portion of the 4.5 million square feet of office space planned at the megaproject, it will be all but impossible for Mr. Blau to start building. That had been a challenge ever since the economy collapsed in late 2008, not long after Related won the bid to redevelop the rail yards—O.K., so that deal wasn’t finalized until 16 months ago, but whose counting—but Mr. Blau said the firm had seen a surge in interest in the past six months, and there are now nine companies actively looking at relocating into offices at Hudson Yards, and they are all looking at leases over a million square feet. Read More

ADDRESS BOOK

West Side Hypernova

The rail yards on Manhattan’s far West Side, like the developers’ dreams and mayoral agendas they inspire, slouch wearily toward the Hudson. For a necropolis of transit systems past (the Hudson River Railroad, the New York Central, the High Line), the Hudson Yards offer up eternal-and seemingly eternally deferred-promise, the heady rush of Read More