Hudson Yards, a $25 billion complex of skyscrapers, shops and attractions reshap...
NEW YORK - Hudson Yards, a $25 billion complex of skyscrapers, shops and attractions reshaping the skyline on Manhattan’s far west side, is throwing a coming-out party on Friday to mark the opening of New York City’s newest neighborhood.
The scale and ambition of the 28-acre project along the Hudson River are impressive, said Patrice Derrington, director of the Center for Urban Real Estate at Columbia University. Developers Related Companies and Oxford Properties said the project, which is more than half finished, includes 100 stores, 25 restaurants and a planned 4,000 residential units, in addition to 10.4 million sq feet of office space. Tenants include luxury retailers Neiman Marcus, gourmet markets and world-class chefs such as Thomas Keller.
Of the residential, about one-tenth is affordable housing, Related spokesperson Jessica Scaperotti told Reuters.Talks on the project began in the early 2000s soon after the collapse of a plan to develop the site with a stadium that would help anchor New York City’s failed bid for the 2012 Summer Olympics.
“Because of the number 7 subway, the entire West Side today has become connected to the rest of the city, both the physical infrastructure and the economic life,” said Mitchell Moss, professor of urban planning at New York University.Hudson Yards also serves as an entry point to the High Line elevated park, one of the city’s most popular attractions.
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