NEW YORK | Hudson Yards; 40 msf of development - Page 11

SkyscrapersOfNewYork · #1 Posted **Aug 1, 2010, 3:06 AM**

guys seriously we gotta cver this better...drilling was going on yesterday...and whats looks like to be foundation work...

extell site

the site on 37th st to 38th and 10th ave....the Javits hotel i think

scalziand · #2 Posted **Aug 1, 2010, 7:56 AM**

Nice pics. Since that excavation is round, I wonder if it has something to do with the 7 extension.

NYguy · #3 Posted **Aug 7, 2010, 6:18 AM**

Quote:

Originally Posted by scalziand

Nice pics. Since that excavation is round, I wonder if it has something to do with the 7 extension.

That's exactly what it is. There was a show on Discovery, when I return home, I'll look it up. Anyway, it's the key that will get these towers moving on the west side. Great pics...

SkyscrapersOfNewYork · #4 Posted **Aug 7, 2010, 6:20 AM**

Quote:

Originally Posted by NYguy

That's exactly what it is. There was a show on Discovery, when I return home, I'll look it up. Anyway, it's the key that will get these towers moving on the west side. Great pics...

thank God for that! and thanks NYguy ill post some more tomorrow,by the way come home quick im starting to miss you

NYguy · #5 Posted **Aug 7, 2010, 6:25 AM**

Quote:

Originally Posted by SkyscrapersOfNewYork

thank God for that! and thanks NYguy ill post some more tomorrow,by the way come home quick im starting to miss you

LOL, well Im back in a couple of days.

yankeesfan1000 · #6 Posted **Aug 7, 2010, 4:05 PM**

First post, anyways saw this a few days ago, and looked for this update but didn't see it. From the WSJ.

(Full article on page 11 - post 213)

SkyscrapersOfNewYork · #7 Posted **Aug 1, 2010, 9:00 PM**

i think the 7 line completion has sparked this

SkyscrapersOfNewYork · #8 Posted **Aug 3, 2010, 6:24 PM**

though can someone explain the drilling?

NYC4Life · #9 Posted **Aug 5, 2010, 6:24 PM**

Looks like the Chicago Spire site. There is something going on here for sure, but it could just be work related to the 7 line extension.

SkyscrapersOfNewYork · #10 Posted **Aug 20, 2010, 3:50 AM**

Quote:

Extell loses West Side development to Barclays

(The Real Deal) -- Extell Development lost a major West Side development site it assembled for at least $44 million to its lender last week. This may be the first time ever that Extell, one of the city's most prominent builders, has lost a property through a deed in lieu of foreclosure. Gary Barnett's Extell gave up the parcel near Hudson Yards at 356-366 10th Avenue, priced just over the first mortgage value of $28.8 million, to its lender Barclays Capital Real Estate. Extell turned over the site, between 30th and 31st streets, to Barclays Aug. 11 after an unidentified European partner refused to keep funding the project.

http://www.crainsnewyork.com/article...ATE/100819846#

NYguy · #11 Posted **Aug 20, 2010, 2:43 PM**

^ Yeah, I noticed that also, though I thought Extell had given up the site previously. The thread for that proposed tower was recently moved into never built, where it will rest for eternity...

SkyscrapersOfNewYork · #12 Posted **Aug 21, 2010, 4:08 AM**

Quote:

Originally Posted by NYguy

^ Yeah, I noticed that also, though I thought Extell had given up the site previously. The thread for that proposed tower was recently moved into never built, where it will rest for eternity...

so in your opinion can we expect a supertall or not?

NYguy · #13 Posted **Aug 21, 2010, 4:51 AM**

Quote:

Originally Posted by SkyscrapersOfNewYork

so in your opinion can we expect a supertall or not?

There was never a supertall proposed there, and I wouldn't expect one with the zoning and the site being what it is. Here's the original thread...
http://forum.skyscraperpage.com/showthread.php?t=131931

SkyscrapersOfNewYork · #14 Posted **Aug 21, 2010, 5:04 AM**

Quote:

Originally Posted by NYguy

There was never a supertall proposed there, and I wouldn't expect one with the zoning and the site being what it is. Here's the original thread...
http://forum.skyscraperpage.com/showthread.php?t=131931

o that site! for some reason i mixed it up with the WPC

SkyscrapersOfNewYork · #15 Posted **Sep 1, 2010, 10:38 PM**

Quote:

Bloomberg Deputy's Legacy, From Yankee Stadium To Hudson Yards

Hudson Yards
The Plan: Doctoroff first concocted plans for a redevelopment of the airspace above and land surrounding the rail yards west of Penn Station in 1999, when he was still running NYC2012. The plan for a combined Jets and Olympic stadium fell apart after state Assembly Speaker Sheldon Silver, using his veto power as a member of the Public Authorities Control Board, blocked it in June 2005. But rezoning of the site lived on, as did a city-funded $2.1 billion project to extend the 7 train to 33rd Street and 11th Avenue.
What Happened: The 7 extension is on schedule to open in 2013, but for now it will still lead riders to a giant hole in the ground because the above-ground redevelopment is in limbo. After several years of disarray—original developer Tishman Speyer and anchor tenant Goldman Sachs both dropped out—this May the Related Companies, run by Doctoroff's old real estate business partner Stephen Ross, signed a 99-year lease with the MTA for the 26-acre railyard site for $1 billion, though it won't have to pay up (or begin construction) until the real estate market improves. (Running the project for Ross: Jay Cross, formerly in charge of the Jets' stadium push.) The city, meanwhile, has run through most of the payments by real estate developers slated to pay for the subway line and other infrastructure, and is facing nearly $100 million a year in debt payments on the project starting in 2011.

http://www.citylimits.org/news/artic...o-hudson-yards

petes334 · #16 Posted **Sep 2, 2010, 9:17 PM**

Those are some great pics. Thanks for the link also.

Mr. Lion · #17 Posted **Sep 7, 2010, 1:58 AM**

can someone explain to me exactly what the situation is (what plan, status, ect.)

Obey · #18 Posted **Sep 7, 2010, 3:46 PM**

Quote:

Originally Posted by Mr. Lion

can someone explain to me exactly what the situation is (what plan, status, ect.)

This has to be one of the most confusing projects to me. I would also love an explanation/status.

NYguy · #19 Posted **Sep 7, 2010, 4:21 PM**

Quote:

Originally Posted by Obey

This has to be one of the most confusing projects to me. I would also love an explanation/status.

Keep in mind that this thread isn't just about the railyard development, but the entire Hudson Yards redevelopment (see page 1). As far as the railyard development goes, there are two halfs. When the Hudson Yards rezoning was approved by City Planning and the Council a few years ago, it was assumed a new Jets stadium would be standing on the western half of the railyards. Obviously that's not going to be the case, so that half was rezoned to fit in with the master plan that Related has for the site.

Here's the EIS for the Hudson Yards as approved (2005):
http://nyc.gov/html/dcp/html/hyards/eis.shtml

And the Western yards addition...
http://www.nyc.gov/html/dcp/pdf/cpc/090433.pdf

As far as any actual design goes, it's a blank slate. Related has a 100 (or so) year lease of the Yards, but won't actually have to start paying until the economy improves. There are three marks to meet for the payments to kick in, and one has recently been met.

Obey · #20 Posted **Sep 7, 2010, 4:44 PM**

Thank you so much and yes I remeber the whole Jets Stadium thing. It is all coming together yes.