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Hudson Yards Scissors

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Kohn Pedersen Fox Associates (KPF)


Hudson Yards




Neomodern architecture


Apartment Building Office Building




Casting a Wide Net in Real-Estate Search

Laura Kusisto, July 29, 2012

"Credit Suisse is throwing wide open a competition to lead one of the largest real-estate searches in town.

The Swiss bank has sent out a request for proposals to about 10 brokerage firms to lead its search for some 3 million square feet of office space in the city, according to multiple people familiar with the matter...

The bank is looking for a broker to help them with a process similar to the one being conducted by Time Warner Inc., in which they plan not simply to look for a single new space, but to undergo a complete review of their office space requirements...

...Much like Time Warner, the bank is likely to be the belle of the ball, as major developers like the World Trade Center and Hudson Yards are hoping to land major leases to help get new office towers off the ground.

Time Warner, which currently occupies about 4 million square feet of space in the city, is expected to narrow down its search to some finalist buildings in the coming weeks, according to brokers and developers familiar with the matter."

Leg 3 of the High Line with a new tower at Hudson Yards.

After receiving two $5 million challenge grants and a $20 million gift from the Diller-Von Furstenberg Foundation, the third and final portion of the High Line will be developed. In addition, Mayor Bloomberg recently announced a 1.7 million-square-foot, 51-story tower at its northern end, designed by Kohn Pedersen Fox Associates (KPF). To be the largest commercial building in NYC, the lower third, approximately 600,000 square feet, will house the global corporate headquarters of Coach. The leather goods company will anchor the tower within the 26-acre mixed-use Hudson Yards development site. Construction is set to begin mid-2012, and is expected to be ready for occupancy in 2015. The master plan for the project, also designed by KPF, encompasses approximately 5,000 residences in nine residential buildings, six million square feet of commercial office space, including a one million-square-foot retail complex, a 150-room five star hotel, a cultural facility, and a new public school, all planned around 14 acres of public open space. The Number 7 subway line will be extended to the area with a scheduled December 2013 opening.