The projects continue to pile up at Hudson Yards, as Tishman Speyer is reportedly buying a development site across the street from the Javits Center for more than
$300 million $185 million, adding to its Hudson Yards development roster that already includes a potentially massive tower called Hudson Spire. The site new comes with 640,000 735,000 square feet of development rights, and the possibility that Tishman could buy additional air rights to bring that total up to 1.7 million square feet.
[EDIT: The Crain's article has been updated to reflect that the purchase price is $185 million, not $300 million, and the site comes with 735,000 square feet of development rights, not 640,000.]
Meanwhile, one block down and one avenue over, Eliot Spitzer has quietly taken control of a corner lot at 451 Tenth Avenue, according to The Real Deal, and is planning to build a boutique office building, with some space set aside for retail and residential, there. Spitzer already owns an adjacent lot, which he bought for $88 million in 2013. There, he is planning a hotel, and possibly some apartments.
The 7 train extension is still not finished.
· Tishman Speyer is buying a $300M Hudson Yards development site [Crain's]
· Eliot Spitzer plans boutique office building at Hudson Yards [TRD]
· Hudson Yards coverage [Curbed]