3 Hudson Boulevard

Last updated

3 Hudson Boulevard
3 Hudson Boulevard.jpg
3 Hudson Boulevard
Former namesGiraSole
General information
StatusOn hold
TypeMixed-use, office and residential
Location555 West 34th Street, Manhattan, New York 10001
Construction started2017
Estimated completionUnknown
Height
Roof987 ft (301 m)
Technical details
Floor count56
Floor area2,000,000 sq ft (190,000 m2)
Design and construction
Architect(s) FXFOWLE Architects
Developer Joseph Moinian and Boston Properties
References
[1]

3 Hudson Boulevard (previously known as GiraSole) is a proposed skyscraper along the Hudson Park and Boulevard in the Hudson Yards and Hell's Kitchen neighborhoods of Manhattan, New York City, United States. Construction on the skyscraper is in progress, but has currently been paused. The project's developer is Joseph Moinian. [2] [3]

Contents

History and development

FXCollaborative (formerly FXFowle) designed the building, [4] [5] which is planned to have 2 million square feet (190,000 m2). [5] There will be 50,000 square feet (4,600 m2) on each of the lower stories and 30,000 to 37,000 square feet (2,800 to 3,400 m2) on each of the upper stories.. [4]

Construction was supposed to begin in 2015, [6] with the building's completion planned for 2017. [6] [7] [8] The building, directly across Eleventh Avenue from the Jacob K. Javits Convention Center, would abut the secondary entrance to the new 34th Street – Hudson Yards subway station, built as part of the New York City Subway's 7 Subway Extension project. [9] [10] Consequently, the foundation was built by the Metropolitan Transportation Authority because the subway station is directly underneath; the rest of the building would be built by Moinian Group. [11] The foundation works started May 2016. [12]

On June 26, 2014, Joseph Moinian secured a loan for the construction of the building. [9] A groundbreaking ceremony for 3 Hudson Boulevard occurred in November 2017, [13] [14] at which point the planned building's height was reduced to 940 feet (290 m). [15] In addition, Joseph Moinian sought $3 billion in debt and equity to fund the tower. [16] [17] In 2018, Boston Properties (later BXP, Inc.) became a partner in 3 Hudson Boulevard's development, [4] giving Moinian a $80 million loan to help finance the construction. [18] [19] By 2020, the building was planned to cost $2.58 billion. [20]

In an interview with Commercial Observer , Ted Koltis of The Moinian Group said the firm had begun "speculative" construction of the project in early 2022. [21] However, in late 2022 New York YIMBY reported that construction on the building was on hold. [22] BXP's loan on the building had matured by January 2025, prompting BXP and Moinian to seek another construction loan. [18] [19]

Energy efficiency

The developers of the building are hoping to get a LEED Platinum certification for the building when it is completed, owing to its eco-friendly design. [6] "Green" strategies include wind harvesting, rooftop farming, heat recovery, solar shading, photovoltaic electricity, regenerative elevators, Energy Star-efficient appliances, ice storage, and natural lighting. [6] [10]

See also

Related Research Articles

<span class="mw-page-title-main">Hudson Yards, Manhattan</span> Neighborhood in New York City

Hudson Yards is a neighborhood on the West Side of Midtown Manhattan in New York City, bounded roughly by 30th Street in the south, 41st Street in the north, the West Side Highway in the west, and Eighth Avenue in the east. The area is the site of a large-scale redevelopment program that is being planned, funded, and constructed under a set of agreements among the State of New York, City of New York, and Metropolitan Transportation Authority (MTA), with the aim of expanding the Midtown Manhattan business district westward to the Hudson River. The program includes a major rezoning of the Far West Side, an extension of the New York City Subway's 7 and <7>​ trains to a new subway station at 34th Street and 11th Avenue, a renovation and expansion of the Javits Center, and a financing plan to fund the various components. The various components are being planned by the New York City Department of City Planning and New York City Economic Development Corporation.

<span class="mw-page-title-main">80 South Street</span> Canceled skyscraper in Manhattan, New York

80 South Street was a proposed residential skyscraper in the Financial District of Manhattan, New York City, that had been planned in the early 21st century. The original proposal for the skyscraper, released in 2003, was designed by renowned Spanish architect Santiago Calatrava, and was canceled in 2008 as a result of a declining real-estate market. A new shorter design was planned to be finished in 2016, and China Oceanwide Holdings Limited acquired 80 South Street in March 2016. Following the collapse of Chinese real estate conglomerate Evergrande and the associated Chinese property sector crisis, in October 2021 China Oceanwide began marketing the property at an aggressive discount of more than $190 million below its original acquisition cost to raise funds for its parent entity.

<span class="mw-page-title-main">Manhattan West</span> Building complex in New York City

Manhattan West is a 7-million-square-foot (650,000 m2) mixed-use development by Brookfield Properties, built as part of the Hudson Yards Redevelopment. The project spans 8 acres and features four office towers, one boutique hotel, one residential building, 225,000 square feet (20,900 m2) of retail space and a 2.5-acre public plaza. The project was built on a platform over Penn Station storage tracks along Ninth Avenue between 32nd and 33rd Streets.

Joseph Moinian is an American investor, real estate developer, and philanthropist. He is the founder and CEO of The Moinian Group, one of the largest privately held real-estate firms in the United States. He owns and operates more than $10 billion of real estate across the country.

<span class="mw-page-title-main">30 Hudson Yards</span> Skyscraper in Manhattan, New York

30 Hudson Yards is a supertall skyscraper on the West Side of Midtown Manhattan in New York City. Located near Hell's Kitchen, Chelsea, and the Penn Station area, the building is part of the Hudson Yards Redevelopment Project, a plan to redevelop the Metropolitan Transportation Authority's West Side Yard. It is the sixth-tallest building in New York City and the eighth-tallest in the United States as of November 2022.

<span class="mw-page-title-main">35 Hudson Yards</span> Residential skyscraper in Manhattan, New York

35 Hudson Yards is a mixed-use skyscraper in Manhattan's West Side composed of apartment units and a hotel. Located near Hell's Kitchen, Chelsea, and the Penn Station area, the building is a part of the Hudson Yards project, a plan to redevelop the Metropolitan Transportation Authority's West Side Yards. As of November 2022, it was the 28th-tallest building in the United States.

<span class="mw-page-title-main">50 Hudson Yards</span> Office skyscraper in Manhattan, New York

50 Hudson Yards is a 58-story, 981-foot (299 m)-tall building that was developed as part of the Hudson Yards Redevelopment Project in Hudson Yards, Manhattan, New York City. The building is located to the north of 30 Hudson Yards, and on the east side of the Hudson Park and Boulevard, adjacent to 55 Hudson Yards. The building opened on October 19, 2022.

<span class="mw-page-title-main">55 Hudson Yards</span> Office skyscraper in Manhattan, New York

55 Hudson Yards is a skyscraper in Hudson Yards, Manhattan, New York City, just outside the Hudson Yards Redevelopment Project. It and 50 Hudson Yards will add a combined 4 million square feet (370,000 m2) of space to the Hudson Yards project, even though the two buildings are located outside the redevelopment site itself.

<span class="mw-page-title-main">Abington House</span> Residential skyscraper in Manhattan, New York

Abington House is a residential building in Chelsea, in Manhattan, New York City just outside the Hudson Yards Redevelopment Project. There are 386 rental apartments at the building, located at the southwest corner of 30th Street and Tenth Avenue. Robert A.M. Stern Architects designed the building, and The Related Companies developed the building. There is about 7,200 square feet (670 m2) of rental space on the ground floor of the 33-story, 325 feet (99 m)-tall building; the building also has a pre-fabricated red brick facade. The building, the first to open in the area under the zoning of the Hudson Yards Redevelopment Project, has 78 permanent units. It started leasing in April 2014, two years after beginning construction in 2012.

Hill West Architects is a New York City based architecture firm which works on the planning and design of high-rise residential and hospitality buildings, retail structures and multi-use complexes. They have participated in the design of prominent structures in the New York City metropolitan area. The firm was founded in 2009 by Alan Goldstein, L. Stephen Hill and David West.

<span class="mw-page-title-main">Sky (skyscraper)</span> Residential building in Manhattan, New York

Sky, also known as 605 West 42nd Street, is a mixed-use building at 42nd Street and 11th Avenue in the Hudson Yards neighborhood of Manhattan in New York City. Developed by the Moinian Group, the 63-story tower contains luxury rental residences designed by the Rockwell Group, ranging from studios to two bedrooms and includes the Vue Penthouse Collection. Sky features over 70,000 square feet of amenity space, mostly operated by Life Time Fitness, which includes a multi-level gym, water club and LifeSpa, lap pool, professional size basketball court, two outdoor zero edge pools, and an outdoor park. The building also contains retail space, in part, occupied by the Manhattan Volvo car dealership. It was designed by Goldstein, Hill & West Architects, and at 676 feet, it is the 92nd tallest building in New York.

45 Broad Street is a residential building being constructed in the Financial District of Manhattan in New York City. The building was originally planned as Lower Manhattan's tallest residential tower. Excavation started in 2017, but as of 2020, construction is on hold.

<span class="mw-page-title-main">One Willoughby Square</span> Office building in Brooklyn, New York

One Willoughby Square, styled as 1WSQ, is an office building under construction in the New York City borough of Brooklyn. The building is being developed by JEMB Realty, and current plans have been drafted by FXCollaborative.

One Manhattan West is a 67-story office skyscraper at 395 Ninth Avenue in the Manhattan West development on the West Side of Manhattan in New York City, United States. Designed by Skidmore, Owings & Merrill (SOM), it was completed in 2019 and is the second tower to be completed in the development after 3 Manhattan West. The tower is rectangular in plan, with a curtain wall that contains insulated glazing, as well as a reinforced-concrete mechanical core. Because One Manhattan West partially overhangs a set of railroad tracks, the mechanical core carries most of the building's structural loads.

<span class="mw-page-title-main">Hudson Yards (development)</span> Development project in Manhattan, New York

Hudson Yards is a 28-acre (11 ha) real estate development in the Hudson Yards neighborhood in Manhattan, New York City, between the Chelsea and Hell's Kitchen neighborhoods. It is located on the waterfront of the Hudson River. Related Companies and Oxford Properties are the primary developers and major equity partners in the project. The architectural firm Kohn Pedersen Fox designed the master plan for the site, and the following architects contributed designs for individual structures: Skidmore, Owings, and Merrill, Thomas Heatherwick, Foster + Partners, Roche-Dinkeloo, and Diller Scofidio + Renfro. Major office tenants include Tapestry, BCG, Warner Bros. Discovery, L'Oréal, Wells Fargo, and KKR.

<span class="mw-page-title-main">601 West 29th Street</span> Under-construction skyscraper in Manhattan, New York

601 West 29th Street is a building in Chelsea, Manhattan, New York City developed by Douglaston and designed by the architectural firm FXCollaborative. The building is built on infill and will be adjacent to the High Line and the Hudson Yards development. Douglaston purchased 120,000 square feet (11,000 m2) of air rights from the nearby Chelsea Piers to construct the building, and is coordinating with Lalezarian as 601 West 29th neighbors their construction site at 606 West 30th Street.

<span class="mw-page-title-main">138 East 50th Street</span> Residential skyscraper in Manhattan, New York

138 East 50th Street, officially named The Centrale, is a residential building in Midtown Manhattan, New York City. The building consists of 124 condominium residences and 7,500 square feet (700 m2) of ground-floor retail between Third Avenue and Lexington Avenue in Midtown East. The developers planned to sell the condominiums for a total of $535.7 million, or an average of $4.3 million per unit.

<span class="mw-page-title-main">262 Fifth Avenue</span> Residential skyscraper in Manhattan, New York

262 Fifth Avenue is a residential skyscraper under construction on Fifth Avenue in Manhattan, New York City. Five Points Development is developing the building, which is being developed by Boris Kuzinez and designed by architectural firm Meganom. SLCE Architects is the executive architect. The structure is 860 feet (260 m) high, with 26 apartments across 54 stories.

References

  1. ↑ "3 Hudson Boulevard". Emporis.com. Archived from the original on April 29, 2014. Retrieved August 30, 2012.
  2. ↑ "Joseph Moinian, The Minion Group". Commercial Observer. October 18, 2013.
  3. ↑ Levitt, David M. (June 11, 2013). "Moinian Seeking Above-Market Rents for Hudson Yards Tower". Bloomberg.
  4. 1 2 3 Kim, Betsy (July 23, 2018). "Boston Properties Joins the Moinian Group in Developing 3 Hudson Blvd". benefitspro.com. Retrieved February 2, 2025.
  5. 1 2 Gannon, Devin (November 1, 2017). "3 Hudson Boulevard loses 100+ feet in new renderings". 6sqft. Retrieved February 2, 2025.
  6. 1 2 3 4 Alberts, Hana (June 11, 2013). "3 Hudson Boulevard's Sky Club, Possible Condos Revealed". Curbed NY. Retrieved June 4, 2014.
  7. ↑ "3 Hudson Boulevard". SkyscraperPage.com. Retrieved August 30, 2012.
  8. ↑ Fedak, Nikolai (May 19, 2014). "New Renderings: 3 Hudson Boulevard". New York YIMBY. Retrieved June 2, 2014.
  9. 1 2 Malinowski, Gail (June 26, 2014). "Moinian Secures Loan for 3 Hudson Blvd". Commercial Property Executive. Archived from the original on July 2, 2014. Retrieved June 27, 2014.
  10. 1 2 "Moinian shows off 3 Hudson Boulevard". Real Estate Weekly. December 12, 2013. Archived from the original on June 5, 2014. Retrieved June 2, 2014.
  11. ↑ Rosenberg, Zoe (August 14, 2014). "Tour Hudson Boulevard and Park, the City's Next Park Avenue". Curbed . Retrieved August 26, 2014.
  12. ↑ Wilson, Reid (May 11, 2016). "Developers to Begin Foundation Work on 66-Story Office Tower at 3 Hudson Boulevard, Hudson Yards District". YIMBY. Retrieved October 25, 2016.
  13. ↑ Rosta, Paul (November 6, 2017). "Moinian Launches $2B Manhattan Tower". Commercial Property Executive. Retrieved October 6, 2022.
  14. ↑ Fedak, Nikolai (November 6, 2017). "Construction Officially Begins on Redesigned 3 Hudson Boulevard, Hudson Yards". New York YIMBY. Retrieved October 6, 2022.
  15. ↑ Warerkar, Tanay (November 3, 2017). "New looks at Moinian's Hudson Yards office tower, 3 Hudson Boulevard". Curbed NY. Retrieved October 6, 2022.
  16. ↑ Maurer, Mark (November 27, 2017). "Moinian targets $3B in debt, equity for 3 Hudson Boulevard". The Real Deal New York. Retrieved October 6, 2022.
  17. ↑ Rothstein, Matthew (November 27, 2017). "Moinian Group Wants $3B Financing Package For 3 Hudson Blvd". Bisnow. Retrieved October 6, 2022.
  18. 1 2 "Boston Properties, Moinian on hunt for financing in Hudson Yards". The Real Deal. January 30, 2025. Retrieved February 2, 2025.
  19. 1 2 Jones, Sasha (January 29, 2025). "BXP-Moinian Hudson Yards JV Seeks New Capital After Default On Loan Held By BXP". Bisnow. Retrieved February 2, 2025.
  20. ↑ Bockmann, Rich (March 9, 2020). "Hudson Yards district's newest office tower to cost $2.6B". The Real Deal. Retrieved February 2, 2025.
  21. ↑ "The Moinian Group Amps Up Leasing Success in a Tough Market". Commercial Observer. August 2, 2022. Retrieved September 17, 2022.
  22. ↑ Young, Michael (November 24, 2022). "Three Hudson Boulevard Remains On Hold in Hudson Yards, Manhattan". New York YIMBY. Retrieved February 11, 2023.

40°45′21″N74°00′05″W / 40.755916°N 74.001258°W / 40.755916; -74.001258

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.