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Old Posted Feb 16, 2021, 4:28 PM
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Developers Top Out $3.8B Manhattan Skyscraper
BlackRock and Facebook are slated to occupy the 58-story office tower in Hudson Yards.


by Greg Isaacson
Feb 16, 2021


Quote:
The developers behind New York City’s fourth-largest office tower have laid the final beam on the 58-story skyscraper in Manhattan’s Hudson Yards district, as the city’s office users eye an eventual return to the workplace.

Related Cos., Mitsui Fudosan America and Oxford Properties Group observed the topping out of 50 Hudson Yards with a ceremony on Feb. 12, crowning an effort that began when the partners closed on $3.8 billion in financing for the project in 2017. Slated to open in 2022, the 1,011-foot-tall tower will span 2.9 million gross square feet.
Quote:
Occupying an entire block at the northwest corner of 33rd Street and 10th Avenue, the tower forms part of the Hudson Yards mega-project on the Far West Side. The property is already 75 percent leased to tenants including BlackRock, whose new global headquarters will occupy 970,000 square feet, and Facebook, which has claimed 1.2 million square feet.

The LEED Gold candidate designed by Foster + Partners will feature 94 elevators and large floor plates that can accommodate 500 or more employees per floor. Amenities will include dedicated ground-level lobbies, common sky lobbies, outdoor terraces and executive valet parking, as well as direct access to the No. 7 subway.
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