Nearly 60 Percent Leased, The Shops & Restaurants at Hudson Yards Comprise More Than a Mile of Shopping in Manhattan’s Newest Neighborhood
Hudson Yards is the First Major Retail Development to Reach the Nearly 60 Percent Leased Milestone So Far in Advance of Opening
NEW YORK, NY – November 30, 2016 – Nearly 60 Percent Leased, The Shops & Restaurants at Hudson Yards Comprise More Than a Mile of Shopping in Manhattan’s Newest Neighborhood. This unprecedented leasing effort has continued its strong momentum since Neiman Marcus’ announcement that it would open its first New York City store at Hudson Yards. With the latest fashion and beauty commitments, the retail at Hudson Yards is the first major retail development in New York to be nearly 60 percent leased more than two years before opening its doors. The Shops & Restaurants at Hudson Yards will open in the fall of 2018.
“Today’s leasing milestone showcases the excitement surrounding Hudson Yards and its unique retail offering. The west side of Manhattan is one of the most underserved retail communities in the city, and our aspiration is to assemble a collection of retailers and restaurants befitting the new neighborhood and the city – offering exceptional experiences and bringing the best of the shopping and culinary worlds into this new area. The marketplace clearly shares our vision, and has responded,” said Kenneth A. Himmel, President and CEO of Related Urban, the mixed-use division of Related Companies. “We are excited to open our doors in two short years and welcome New Yorkers and visitors from around the globe.”
Hudson Yards will be the first retail center in New York City to be arranged into districts to better personalize the shopping experience. Upon entering, guests will be greeted by a 5-story atrium that seamlessly merges the retail center with the Public Square and Gardens. A full acre glass wall, created by renowned designer James Carpenter, will reflect the city’s skyline and bring the outside in. Levels 1, 2, 3 and 4 will house a mix of retailers, many opening shops on Manhattan’s West Side for the first time. More than a dozen specialty restaurants and food retail concepts will occupy space on Levels 4, 5 and 6, and offer an array of dining options open to customers from the early morning hours into the late evening. The dining concepts by Chefs Thomas Keller and Costas Spiliadis of Milos will offer outside seating along a tree-lined terrace designed by Thomas Woltz of Nelson Byrd Woltz Landscape Architects, while renowned Spanish Chef José Andrés will be executing a specialty restaurant. European-style cafes will be available throughout the retail center offering quick, casual bites. Neiman Marcus will offer a penthouse shopping experience on the top three floors (levels 5, 6, and 7) and a sophisticated retailing experience with features like “smart” dressing rooms.
When it opens in the fall of 2018, Hudson Yards will be home to diverse fashion brands including AG Jeans by Adriano Goldschmied, Aritzia, Athleta, Banana Republic, Coach, Stuart Weitzman, Tory Burch, a three-floor Neiman Marcus and two-story mini anchor presentations by Zara and H&M. The beauty collection will include The Body Shop, Kiehl’s, Jo Malone, MAC, NYX, Origins, Sephora and Urban Decay. An extraordinary collection of global, luxury watch brands will be featured in a 6,000 sq. ft. Watches of Switzerland showroom, a first for the U.S., offering a wide range of products from the finest Swiss watch brands, including Rolex.
Designed by the celebrated Elkus Manfredi Architects, The Shops & Restaurants at Hudson Yards pays homage to the industrial past of the lower West Side. Steel and dark wood are featured prominently to reference the railyards that once dominated the area and High Line, and natural stone floors and exposed support structures contribute to the rough-hewn, urban elegance of this vertical neighborhood. The retail center will be connected to commercial office towers, 10 and 30 Hudson Yards, and feature entrances off of 10th Avenue and the Hudson Yards plaza. Shoppers will also have a direct access from the High Line and an underground connection to the No. 7 Subway, making the Hudson Yards retail center one of the most connected shopping destinations in the city.
Ten Hudson Yards – home to Coach Inc., L’Oréal USA, The Boston Consulting Group, German software engineering firm SAP, VaynerMedia, Intersection and Sidewalk Labs – opened in May of this year, and sales for the 285 residences at 15 Hudson Yards began in September with a waiting list of more than 7,000 inquiries.
ABOUT HUDSON YARDS:
With more than 8.5 million square feet of residential, commercial and retail space now under construction or operational, Hudson Yards is on track to open the entire first phase by 2019. Ten Hudson Yards – home to Coach Inc., L’Oréal USA, The Boston Consulting Group, German software engineering firm SAP, VaynerMedia, Intersection and Sidewalk Labs – opened in May of 2016. Sales for the 285 residences at 15 Hudson Yards have commenced. Fifty-Five Hudson Yards, home to Boies, Schiller & Flexner; Milbank, Tweed, Hadley & McCloy LLP; Point72; and MarketAxess will open in 2018. The one million square foot retail center and 5-acre Public Square and Gardens will open in the fall of 2018 – followed in 2019 by 30 Hudson Yards, home to KKR, Wells Fargo Securities, Time Warner, CNN, HBO, Turner Broadcasting, Warner Bros., and DNB Bank, and the site’s mixed-use tower, 35 Hudson Yards.
Hudson Yards is the largest private real estate development in the nation’s history. The site itself will include 17 million square feet of commercial and residential space; more than 100 shops and restaurants, including New York City’s first Neiman Marcus and signature restaurants by Chefs Thomas Keller, José Andrés and Costas Spiliadis; approximately 4,000 residences; 14-acres of public open space; a new 750-seat public school and an Equinox® branded luxury hotel with more than 200 rooms – all offering unparalleled amenities for residents, employees and guests.
For more information about Hudson Yards, please visit HudsonYardsNewYork.com