10 Hudson Yards
{{Use mdy dates|date=August 2019}}
{{Short description|Office skyscraper in Manhattan, New York}}
{{stack|float=right|
{{Infobox building
|name = 10 Hudson Yards
|alternate_names = South Tower
|status = Complete
|image = File:10 Hudson Yard from 9 Av & 30 St 2016 Dec jeh.jpg
|image_size = 275px
|caption = Seen in 2016
|location = 501 West 30th Street
New York, NY 10001{{cite web |title=High-rise office building evacuated in Manhattan after fire breaks out on 23rd floor |url=https://abc7ny.com/2658119/ |website=ABC7 New York |publisher=WABC-TV |access-date=15 February 2020 |language=en |date=17 November 2017 |archive-date=February 15, 2020 |archive-url=https://web.archive.org/web/20200215034349/https://abc7ny.com/2658119/ |url-status=live }}
U.S.
| mapframe-wikidata = yes
|coordinates = {{coord|40.7525|-74.0010|region:US-NY_type:landmark|display=title,inline}}
|groundbreaking_date = December 4, 2012
|architect = Kohn Pedersen Fox (architect & master planner)
|floor_area = {{convert|1,700,698|sqft|m2}}
|top_floor = {{convert|704|ft|m}}
|floor_count = 52
|references = {{ctbuh|13326}}{{Cite web |url=https://www.emporis.com/buildings/1195442 |archive-url=https://web.archive.org/web/20160306061633/https://www.emporis.com/buildings/1195442 |url-status=usurped |archive-date=March 6, 2016 |title=Emporis building ID 1195442 |work=Emporis}}
|building_type = Office
|roof = {{convert|878|ft|m}}
|elevator_count = 27
|start_date = August 2013
|completion_date = May 31, 2016
|main_contractor = Tutor Perini Building
|management = The Related Companies
Oxford Properties
|website = {{official website|http://www.hudsonyardsnewyork.com/office/10-hudson-yards/availabilities}}
}}
{{Hudson Yards map}}
}}
10 Hudson Yards, also known as the South Tower, is an office building that was completed in 2016{{cite news |url=http://www.huffingtonpost.com/2012/12/04/hudson-yards-construction-photos_n_2239282.html |title=Hudson Yards Tower Construction Begins With Groundbreaking Ceremony (IMAGES) |work=Huff Post |date=4 December 2012 |last=Peltz |first=Jennifer |access-date=2014-05-12 |archive-date=December 8, 2015 |archive-url=https://web.archive.org/web/20151208103131/http://www.huffingtonpost.com/2012/12/04/hudson-yards-construction-photos_n_2239282.html |url-status=dead }} on Manhattan's West Side. Located near Hell's Kitchen, Chelsea and the Penn Station area, the building is a part of the Hudson Yards urban renewal project, a plan to redevelop the Metropolitan Transportation Authority's West Side Yard. Coach New York is the anchor tenant. During planning, the tower was known as Tower C.{{cite web|url=http://chelseanow.com/2013/02/hudson-yards-set-to-alter-skyline-transform-neighborhood/|title=Hudson Yards Set to Alter Skyline, Transform Neighborhood|last=McCroy|first=Winnie|date=February 6, 2013|work=Chelsea Now|access-date=June 2, 2014|archive-date=July 24, 2014|archive-url=https://web.archive.org/web/20140724172516/http://chelseanow.com/2013/02/hudson-yards-set-to-alter-skyline-transform-neighborhood/|url-status=dead}}
History
= Construction =
Hudson Yards, conceived through a large master plan by Kohn Pedersen Fox, is expected to consist of 16 skyscrapers containing more than {{convert|12.7|e6sqft|m2}} of new office, residential, and retail space. Among its components will be {{convert|6|e6sqft|m2}} of commercial office space, a {{convert|750000|sqft|m2|adj = on}} retail center with two levels of restaurants, cafes, markets and bars, a hotel, a cultural space, about 5,000 residences, a 750-seat school, and {{convert|14|acres|ha}} of public open space. 10 Hudson Yards, the first building on the site, is expected to help draw visitors to the area.{{cite web|url=https://www.engadget.com/2014/05/07/hudson-yards-smart-neighborhood/|title=New York's next big neighborhood is its smartest|author=Volpe, Joseph|work=Engadget|date=May 7, 2014|access-date=May 9, 2014|archive-date=May 8, 2014|archive-url=https://web.archive.org/web/20140508005336/http://www.engadget.com/2014/05/07/hudson-yards-smart-neighborhood/|url-status=live}}
File:10 Hudson Yards 31 March 2016.png
Groundbreaking for 10 Hudson Yards occurred on December 4, 2012, with a provisional completion date of 2016.{{cite news | url=https://www.wsj.com/articles/veteran-team-designs-tower-1401846491 | title=Veteran Team Designs Tower | work=The Wall Street Journal | date=4 June 2014 | access-date=4 June 2014 | author=Slatin, Peter | archive-date=December 22, 2015 | archive-url=https://web.archive.org/web/20151222234214/http://www.wsj.com/articles/veteran-team-designs-tower-1401846491 | url-status=live }} Foundation work continued through the first half of 2013 and the superstructure work began on the tower in August 2013.{{Cite web|url=http://chelseanow.com/2013/02/a-new-neighborhood-from-the-ground-up/|title=A New Neighborhood, from the Ground Up|last=|first=|date=February 6, 2013|website=Chelsea Now|access-date=2017-05-16|archive-date=February 13, 2018|archive-url=https://web.archive.org/web/20180213010737/http://chelseanow.com/2013/02/a-new-neighborhood-from-the-ground-up/|url-status=dead}} During excavation work, {{convert|70000|cuyd|m3}} of soil was removed and {{convert|11000|cuyd|m3}} of concrete was poured.{{Cite web |url=http://onlinedocs.related.com/HYDocuments/hudson-yards-nyc-10-hudson-yards-building-fact-sheet.pdf |title=10 Hudson Yards Fact Sheet |access-date=May 13, 2014 |archive-date=October 6, 2014 |archive-url=https://web.archive.org/web/20141006121757/http://onlinedocs.related.com/HYDocuments/hudson-yards-nyc-10-hudson-yards-building-fact-sheet.pdf |url-status=live }} The contract to construct the tower was awarded to a subsidiary of Tutor Perini in March 2013.{{cite news |url=http://www.bizjournals.com/newyork/news/2013/03/27/tutor-perini-awarded-contract-for.html |title=Tutor Perini awarded contract for Hudson Yards South Tower - New York Business Journal |publisher=Bizjournals.com |date=2013-03-27 |access-date=2014-05-12 |archive-date=December 16, 2013 |archive-url=https://web.archive.org/web/20131216033048/http://www.bizjournals.com/newyork/news/2013/03/27/tutor-perini-awarded-contract-for.html |url-status=live }} The tower is the first tower in the Hudson Yards complex to have been completed, because it is the only Hudson Yards tower not on the artificial platform over the West Side Yards.{{cite web|url=http://chelseanow.com/2014/02/hudson-yards-platform-soon-to-be-underway-sparking-eastern-rail-yard/|title=Hudson Yards Platform Soon to be Underway, Sparking Eastern Rail Yard|work=Chelsea Now|last=Spokony|first=Sam|date=February 26, 2014|access-date=June 2, 2014|archive-date=June 25, 2014|archive-url=https://web.archive.org/web/20140625092329/http://chelseanow.com/2014/02/hudson-yards-platform-soon-to-be-underway-sparking-eastern-rail-yard/|url-status=dead}}
{{As of|March 2014}}, 10 Hudson Yards had risen more than {{convert|100|ft|0}}.{{cite news | url=https://www.bloomberg.com/news/2014-03-19/new-york-s-hudson-yards-starts-next-phase-as-deck-begins.html | title=New York's Hudson Yards Starts Next Phase as Deck Begins | publisher=Bloomberg | date=19 March 2014 | access-date=4 June 2014 | first=David | last=Levitt | archive-date=November 28, 2016 | archive-url=https://web.archive.org/web/20161128214446/http://www.bloomberg.com/news/2014-03-19/new-york-s-hudson-yards-starts-next-phase-as-deck-begins.html/ | url-status=live }} {{As of|February 2015}}, 10 Hudson Yards was 27 stories tall.{{cite web | last=McCroy | first=Winnie | date=January 29, 2015 | url=http://chelseanow.com/2015/01/progress-report-hudson-yards/ | title=Progress Report: Hudson Yards | work=Chelsea Now | access-date=21 February 2015 | archive-date=February 8, 2015 | archive-url=https://web.archive.org/web/20150208020014/http://chelseanow.com/2015/01/progress-report-hudson-yards/ | url-status=dead }} {{As of|April 2015}}, thirty-two of the tower's 52 floors had been completed.{{cite web | url=http://ny.curbed.com/archives/2015/06/10/hudson_yards_construction_rolls_on_as_retail_center_rises.php | title=Hudson Yards Construction Rolls On As Retail Center Rises | work=Curbed NY | date=June 10, 2015 | access-date=June 20, 2015 | first=Jessica | last=Dailey | archive-date=September 23, 2015 | archive-url=https://web.archive.org/web/20150923081424/http://ny.curbed.com/archives/2015/06/10/hudson_yards_construction_rolls_on_as_retail_center_rises.php | url-status=live }} {{As of|November 2015}}, 10 Hudson Yards had topped out.{{Cite web|last=Rosenberg|first=Zoe|date=October 7, 2015|title = The First Hudson Yards Tower Now Stands At Full Height|url = http://ny.curbed.com/archives/2015/10/07/the_first_hudson_yards_tower_now_stands_at_full_height.php|website = Curbed NY|access-date = 2016-01-14}} The tower was opened on May 31, 2016, with the first 300 Coach, Inc. employees moving into the building.{{cite web | last=Kirby | first=Jen | title=Take a Peek Into 10 Hudson Yards, the New Neighborhood's First Shiny Skyscraper to Open for Business | website=Daily Intelligencer | date=2016-05-31 | url=http://nymag.com/daily/intelligencer/2016/05/first-hudson-yards-building-open-for-business.html | access-date=2016-06-01 | archive-date=June 1, 2016 | archive-url=https://web.archive.org/web/20160601122550/http://nymag.com/daily/intelligencer/2016/05/first-hudson-yards-building-open-for-business.html | url-status=live }} As of November 2022, 10 Hudson Yards was the 49th-tallest building in the United States.{{Cite web |title=10 Hudson Yards - The Skyscraper Center |url=https://www.skyscrapercenter.com/building/10-hudson-yards/13326 |access-date=2022-11-03 |website=www.skyscrapercenter.com}}
The southern facade of 10 Hudson Yards cantilevers over the 30th Street spur of the High Line, and one of the building's entrances is to be located on the High Line. The architectural firm who designed 10 Hudson Yards was Kohn Pedersen Fox.{{cite web | url=http://ny.curbed.com/archives/2014/05/27/contested_hudson_yards_tower_gets_another_new_look.php | title=Contested Hudson Yards Tower Gets Another New Look | work=Curbed NY | date=27 May 2014 | access-date=4 June 2014 | author=Rosenberg, Zoe | archive-date=February 10, 2015 | archive-url=https://web.archive.org/web/20150210024108/http://ny.curbed.com/archives/2014/05/27/contested_hudson_yards_tower_gets_another_new_look.php | url-status=live }} Thornton Tomasetti was the structural engineer; Jaros, Baum & Bolles performed the MEP engineering; and Langan served as lead civil engineer. In January 2019, the developers unveiled a {{convert|30|ft|m}} long sculpture by American artist Jonathan Borofsky for the west lobby.{{cite news|title=Related And Oxford Unveil Commissioned Art Installations At Hudson Yards|work=New York Yimby|date=January 31, 2019|last=Morris|first=Sebastian|url=https://newyorkyimby.com/2019/01/related-and-oxford-unveil-commissioned-art-installations-at-hudson-yards.html|access-date=January 31, 2019|archive-date=February 1, 2019|archive-url=https://web.archive.org/web/20190201065336/https://newyorkyimby.com/2019/01/related-and-oxford-unveil-commissioned-art-installations-at-hudson-yards.html|url-status=live}}
=Occupancy=
The first tenants were signed in April 2013.{{Cite news|url=https://cityroom.blogs.nytimes.com/2013/04/10/three-major-tenants-sign-leases-for-first-tower-at-hudson-yards/?_r=0|title=First Hudson Yards Tower Signs Three Major Tenants|last=Bagli|first=Charles V.|date=April 10, 2013|work=City Room|access-date=2017-05-16|language=en|archive-date=September 15, 2017|archive-url=https://web.archive.org/web/20170915204748/https://cityroom.blogs.nytimes.com/2013/04/10/three-major-tenants-sign-leases-for-first-tower-at-hudson-yards/?_r=0|url-status=live}} The building is anchored by Tapestry, Inc.'s global headquarters, which covers {{Convert|737774|ft2|0}} on floors 9 to 24 within the tower. Coach's space includes a 15-story atrium, double height conference rooms overlooking the High Line, a private cafeteria, and a large terrace with views of the Hudson River.{{cite press release|url=https://www.hudsonyardsnewyork.com/press-releases/hudson-yards-welcomes-its-first-employees-and-officially-opens-its-doors/|title=HUDSON YARDS WELCOMES ITS FIRST EMPLOYEES AND OFFICIALLY OPENS ITS DOORS|date=May 31, 2016|publisher=Related Companies|access-date=March 3, 2019|archive-date=September 16, 2018|archive-url=https://web.archive.org/web/20180916183038/https://www.hudsonyardsnewyork.com/press-releases/hudson-yards-welcomes-its-first-employees-and-officially-opens-its-doors/|url-status=live}} Coach was the first tenant to move into the new building on May 31, 2016. In September 2017, Coach subleased {{convert|148,000|sqft|m2}} of space to The Guardian Life Insurance Company of America.{{Cite news|url=https://therealdeal.com/2017/09/15/heres-how-much-guardian-is-paying-coach-for-hudson-yards-sublease/|title=Here's how much Guardian is paying Coach for Hudson Yards sublease|date=2017-09-15|work=The Real Deal New York|access-date=2017-09-15|language=en-US|archive-date=September 15, 2017|archive-url=https://web.archive.org/web/20170915204747/https://therealdeal.com/2017/09/15/heres-how-much-guardian-is-paying-coach-for-hudson-yards-sublease/|url-status=live}}
File:At New York, USA 2017 228.jpg
In total, the building was designed to accommodate over 7,000 employees. Additional occupants include L'Oreal USA, Boston Consulting Group, SAP, and Intersection occupying {{convert|402000|sqft|m2}}, {{convert|193295|sqft|m2}} and {{convert|115000|sqft|m2}}, and {{convert|67000|sqft|m2}} respectively.{{cite web |url=http://www.marketwatch.com/story/loreal-usa-and-sap-join-coach-inc-at-hudson-yards-2013-04-10-12183240 |title=MarketWatch.com |publisher=MarketWatch.com |date=2013-04-10 |access-date=2014-05-12 |archive-date=December 3, 2013 |archive-url=https://web.archive.org/web/20131203012840/http://www.marketwatch.com/story/loreal-usa-and-sap-join-coach-inc-at-hudson-yards-2013-04-10-12183240 |url-status=live }} VaynerMedia occupies the building's 25th floor.{{cite web |last1=Gancsos |first1=Ben |title=VaynerMedia Offices – Manhattan |url=https://officesnapshots.com/2017/06/05/vaynermedia-offices-manhattan/ |website=Office Snapshots |date=June 5, 2017 |publisher=Office Snapshots LLC |access-date=23 January 2019 |archive-date=January 24, 2019 |archive-url=https://web.archive.org/web/20190124102055/https://officesnapshots.com/2017/06/05/vaynermedia-offices-manhattan/ |url-status=live }}{{cite web|url=https://www.bloomberg.com/news/articles/2015-11-13/hudson-yards-owners-seek-buyer-for-40-interest-in-first-tower|title=Hudson Yards Owners Seek Buyer for 40% Interest in First Tower|first=David M|last=Levitt|date=13 November 2015|work=Bloomberg.com|access-date=9 April 2016|archive-date=March 17, 2017|archive-url=https://web.archive.org/web/20170317093848/https://www.bloomberg.com/news/articles/2015-11-13/hudson-yards-owners-seek-buyer-for-40-interest-in-first-tower|url-status=live}}
There will also be retail space at street level adjacent to the retail building immediately to the north of 10 Hudson Yards. That building will be designed by Elkus Manfredi Architects.{{cite web | url=http://therealdeal.com/issues_articles/hudson-yards-retail-gets-underway/ | title=Hudson Yards retail gets underway, with construction and marketing set to begin at Far West Side site this month | work=The Real Deal | date=1 January 2014 | access-date=4 June 2014 | author=Voien, Guelda | archive-date=May 23, 2014 | archive-url=https://web.archive.org/web/20140523233046/http://therealdeal.com/issues_articles/hudson-yards-retail-gets-underway/ | url-status=live }} Fairway, a locally based grocer, was expected to build a store in the lower floors of the building, occupying {{convert|45875|sqft|m2|0}}.{{cite web |url=http://www.hudsonyardsnewyork.com/article-detail/fairway-market-to-be-anchor-food-market-at-hudson-yards-114 |title=HudsonYards | News and press :: Fairway Market to be Anchor Food Market at Hudson Yards |publisher=Hudsonyardsnewyork.com |date= |access-date=2014-05-12 |archive-date=November 30, 2013 |archive-url=https://archive.today/20131130052942/http://www.hudsonyardsnewyork.com/article-detail/fairway-market-to-be-anchor-food-market-at-hudson-yards-114 |url-status=live }} Additionally, Spanish chef José Andrés will operate a {{convert|35,000|sqft|m2}} food hall named Mercado Little Spain which will contain a wine bar, a cocktail bar, and 15 kiosks serving different kinds of tapas.{{cite press release|url=https://www.hudsonyardsnewyork.com/press-releases/hudson-yards-announces-latest-additions-and-details-on-forthcoming-dining-collection-opening-march-15-2019/|title=HUDSON YARDS ANNOUNCES LATEST ADDITIONS AND DETAILS ON FORTHCOMING DINING COLLECTION OPENING MARCH 15, 2019|date=February 6, 2019|publisher=Related Companies|access-date=March 3, 2019|archive-date=July 24, 2022|archive-url=https://web.archive.org/web/20220724211650/https://www.hudsonyardsnewyork.com/press-media/press-releases/hudson-yards-announces-latest-additions-shops-restaurants-including|url-status=live}} An outpost of fast casual salad restaurant Sweetgreen opened in August 2018 in the base of the tower.{{cite press release|url=https://www.hudsonyardsnewyork.com/press-releases/hudson-yards-announces-fast-casual-additions-to-dining-collection/|title=HUDSON YARDS ANNOUNCES FAST-CASUAL ADDITIONS TO DINING COLLECTION|date=December 4, 2018|publisher=Related Companies|access-date=March 3, 2019|archive-date=July 24, 2022|archive-url=https://web.archive.org/web/20220724211704/https://www.hudsonyardsnewyork.com/press-media/press-releases/hudson-yards-announces-latest-additions-shops-restaurants|url-status=live}}
=Ownership=
10 Hudson Yards was initially owned by the master developers of the Hudson Yards project, Related Companies and Oxford Properties, in partnership with the Kuwait Investment Authority. Various sections of the tower were sold to tenants as office condos, with Coach purchasing their space for $750 million prior to construction.{{Cite news|url=https://therealdeal.com/2016/08/02/allianz-buys-44-stake-in-10-hudson-yards|title=Allianz buys 44% stake in 10 Hudson Yards|last=Solomont|first=E.B.|date=2016-08-02|work=The Real Deal|access-date=December 27, 2018|archive-date=December 27, 2018|archive-url=https://web.archive.org/web/20181227191524/https://therealdeal.com/2016/08/02/allianz-buys-44-stake-in-10-hudson-yards/|url-status=live}} In August 2016, Coach sold their stake in the tower to Allianz for $420 million. The deal gave Allianz 44% ownership and valued the building at $2.15 billion.{{cite web | last=Cullen | first=Terence | title=Allianz Bags Coach's Share of 10 Hudson Yards for $420M | website=Commercial Observer | date=August 2, 2016 | url=https://commercialobserver.com/2016/08/allianz-bags-coachs-share-of-10-hudson-yards-for-420m/ | access-date=August 6, 2022}} In May 2018, the State Teachers Retirement System of Ohio purchased roughly 20% of the tower for $432 million at a similar valuation.{{Cite news|url=https://therealdeal.com/2018/05/18/ohio-teachers-pension-fund-makes-432m-investment-in-hudson-yards|title=Ohio teachers' pension fund makes $432M investment in Hudson Yards|last=Bockmann|first=Rich|date=2018-05-18|work=The Real Deal|access-date=December 27, 2018|archive-date=May 3, 2019|archive-url=https://web.archive.org/web/20190503203656/https://therealdeal.com/2018/05/18/ohio-teachers-pension-fund-makes-432m-investment-in-hudson-yards/|url-status=live}}{{cite web | last=Barhanovich | first=Jody | title=Ohio STRS invests $432m in Manhattan office building - News | website=Institutional Real Estate, Inc. | date=May 22, 2018 | url=https://irei.com/news/ohio-strs-invests-432m-manhattan-office-building/ | access-date=August 6, 2022}}
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Gallery
File:Hudson Yards South Tower May 2013.jpg|May 2013
File:10 Hudson Yards June 2014 2.JPG|June 2014; close-up of 10 Hudson Yards columns on eastern facade
File:500 W 30th Street from west Sept 2014.jpg|September 2014; Abington House is to the right
File:10 Hudson Yards New York NY 2014 09 02 03.jpg|September 2014, from 30th Street
File:West Side Yard from High Line.jpg|September 2014, from far west side of the site
File:10 Hudson Yards east facade Dec 2014.jpg|December 2014
File:10 Hudson Yards 4 Oct 2015.png|October 2015
File:Mattern-hudson-yards-3.jpg|April 2016
File:Hudson Yards May 2017 47.jpg|The completed 10 Hudson Yards (on the right) with 30 Hudson Yards still under construction (on the left) as of May 2017
File:10 Hudson Yards Completed.jpg|February 2019
See also
References
{{reflist|2}}
Further reading
- Arak, Joey. [http://ny.curbed.com/archives/2007/11/19/yardsmania_1_brookfield_properties_goes_splittsville.php "Brookfield Properties Goes Splittsville"] on Curbed.com (November 19, 2007)
- Chaban, Matt. [https://observer.com/2011/07/scaling-the-towers-of-hudson-yards/ "Scaling the Towers of Hudson Yards"] in The New York Observer (July 12, 2011)
- Davidson, Justin. [http://nymag.com/homedesign/urbanliving/2012/hudson-yards/ "From 0 to 12 Million Square Feet"] New York (October 7, 2012).
- Samtani, Hiten. "[http://therealdeal.com/blog/2013/08/16/anatomy-of-a-deal-inside-relatedoxfords-unusual-hudson-yards-financing/ Anatomy of a deal: Inside Related/Oxford's unusual financing of Hudson Yards]" in The Real Deal (August 16, 2013)
- Sheftell, Jason. [http://www.nydailynews.com/life-style/real-estate/officials-developers-break-ground-15b-hudson-yards-article-1.1212797 "New York City officials, developers to break ground on $15 billion mini-city Hudson Yards"] New York Daily News (December 4, 2012)
External links
{{commons category}}
- [http://www.hudsonyardsnewyork.com/ Hudson Yards]
- [https://web.archive.org/web/20150218025817/http://www.hydc.org/html/home/home.shtml New York City project website]
- [https://web.archive.org/web/20120718082011/https://www.related.com/destinations/hudsonyards/ Related Companies project website]
- [https://web.archive.org/web/20130624075515/http://gothamist.com/2013/01/15/awesome_infrastructure_video_buildi.php#photo-1 Animation: building the platform while trains run through] Brookfield properties, via Gothamist.com
- [http://therealdeal.com/blog/tag/hudson-yards/ Hudson Yards news and developments]
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{{The Related Companies}}
{{Hudson Yards}}
Category:Hudson Yards, Manhattan
Category:Skyscraper office buildings in Manhattan
Category:Kohn Pedersen Fox buildings