Hudson Yards
CPE’s Top 5 Posts in March
Miss out on any CPE stories? Here are five of our most popular articles for the month.
Hudson Yards Officially Opens in NYC
Related Cos. and Oxford Properties Group formally introduce the largest private real estate development in U.S. history, a brand-new neighborhood on Manhattan’s Far West Side.
Related Cos. Adds New CFO
David Zussman has stepped up as the company’s most recent executive. He will succeed Michael Brenner, who will continue to serve as executive vice president.
New Hudson Yards Office Asset Commands $257M
In a deal brokered by Fried Frank, Ramrock Real Estate purchased the recently completed building, which includes a large office component, a gallery and ground-floor retail.
NYC’s 30 Hudson Yards Tower Tops Out
With steel crown in place, the 2.6 million-square-foot skyscraper’s height measures 1,296 feet, making it the second-tallest office building in the city.
Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan’s Far West Side.
Spaces Doubles NYC Presence
The global co-working operator is opening its third New York City location and plans to add three more by the end of the year.
Top 5 Largest Office Pipelines in the Northeast
New York City continues to dominate the region’s construction activity, with the only exception being Philadelphia, where suburban areas recorded a higher amount of new deliveries than the urban core.
Tishman Speyer Lands $1.8B for New NYC Office Tower
After securing biopharmaceutical company Pfizer as an 800,000-square-foot anchor tenant at The Spiral, the developer reeled in financing from Blackstone Mortgage Trust for the construction of the 2.8 million-square-foot high-rise.
HY36 Reshapes NYC’s Skyline
Hudson Yards’ first hotel, Crowne Plaza HY36, opened its doors last November and immediately become top-ranked on TripAdvisor. Neill Parker, principal of hospitality architecture firm Stonehill Taylor, sheds light on the impact this shiny gem has on New York City’s crown.
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