Hundreds of Workers Gather to Celebrate the 1st Birthday of Hudson Yards

New Time-lapse Video Details First Year of Construction; New Yorkers Invited to “meet” Hudson Yards at an Exhibition Opening at Time Warner Center on Thursday, December 5th

NEW YORK, NY – December 4, 2013 – More than 300 construction workers gathered today to celebrate the 1st birthday of Hudson Yards, the City’s newest neighborhood reshaping Manhattan’s west side and the New York skyline. To commemorate the occasion, Fairway Market designed a five-foot tall cake in the shape of 10 Hudson Yards, the future home of Coach, Inc., L’Oréal USA, SAP and Fairway Market. New renderings of Hudson Yards were made available and a new time-lapse video detailing the first year of construction on the site was released. Developers Related Companies and Oxford Properties Group have also invited New Yorkers to “meet” Hudson Yards at an 8-day interactive exhibition opening tomorrow, Thursday, December 5th at Time Warner Center.

“Hudson Yards is well on its way to redefining 21st Century development in New York City and forever altering the New York skyline,” said Related Hudson Yards President L. Jay Cross. “It has been a very successful first year and we could not be more proud of the progress we have made. By this time next year, the entire Eastern Rail Yards will be under construction. I want to thank the hundreds of men and women who have worked tirelessly each day – together, we are transforming Manhattan’s west side and building the future of New York City.”

“All of us at Fairway Market are proud to help celebrate this milestone occasion for Hudson Yards,” said Michael Lewin-Jacus, Fairway Market’s Executive Pastry Chef. “For Fairway, the real icing on the cake is being the anchor food market of such a dynamic new residential and commercial neighborhood that will redefine the west side of Manhattan.”

“We are excited to mark the first year of construction on Hudson Yards, a landmark neighborhood development that is expected to create over 23,000 construction jobs over the next decade,” said Gary LaBarbera, President of the Building and Construction Trades Council of Greater New York. “The skilled men and women that make up the Building and Construction Trades and our affiliated unions are proud to be a part of the project and helping write the next chapter of New York City’s growth. We already have over 300 skilled laborers on-site today and expect to have over 1,000 on-site next year as Related and Oxford commence construction on the platform and remaining towers in the Eastern Rail Yards.”

Construction began on the 52-story tower at the corner of 30th Street and 10th Avenue on December 4, 2012. Slated for completion in 2015, the Kohn Pedersen Fox designed building currently weighs 380 million pounds and already stands 3-stories above the celebrated High Line spur. The progress made so far is a result of 280,000 hours of construction work fueled by 35,000 cups of coffee and the use of more than 7,000 pairs of work gloves at the site. When complete, 10 Hudson Yards will have utilized enough concrete to fill 572 subway cars and more rebar – the steel bar that reinforces the concrete – than the weight of 62 Statues of Liberty. In 2104, Related and Oxford will commence construction on the platform, as well as the remaining commercial and residential towers in the Eastern Rail Yards. By this time next year, the entire Eastern Rail Yards will be under construction, including the 80-story commercial office tower at 30 Hudson Yards, the 7-story retail center and the two residential towers at 15 and 35 Hudson Yards.

In its first year, Hudson Yards has already celebrated a number of milestones including:

• The announcement of L’Oréal USA, the largest subsidiary of L’Oréal, S.A. – the world’s leading beauty company, and SAP – the market leader in enterprise software applications joining Coach, Inc. as tenants at 10 Hudson Yards.

• Landing Fairway Market as the anchor food market at Hudson Yards, offering the first major amenity for the midtown west neighborhood.

• The selection of Thomas Heatherwick as the Lead Designer to collaborate with Landscape Architect Thomas Woltz of Nelson Byrd Woltz on a dynamic public plaza.

Hudson Yards is the largest private real estate development in the nation’s history and the largest development in New York City since Rockefeller Center. Beginning tomorrow, New Yorkers are invited to “meet” Hudson Yards at an interactive exhibition on the second floor of Time Warner Center in Columbus Circle. Visitors will have an opportunity to learn about the new neighborhood reshaping Manhattan’s west side. Guests will see new models, renderings, construction photos and videos, and will also have an opportunity to win a gift certificate from Hudson Yards tenants Coach, Inc., L’Oréal USA and Fairway Market – just in time for the holidays – by sharing what they think makes a great New York City neighborhood on the Hudson Yards Facebook and Twitter pages using #NHNY. Winners will be announced on Facebook and Twitter on Monday, December 16th at 1PM. The exhibit runs through December 12th and is open Monday through Saturday from 10AM to 10PM, and 10AM to 8PM on Sunday.

Hudson Yards will be a pulsating hub of connectivity, community, culture and creativity. It is anticipated that more than 24 million people will visit Hudson Yards every year. The site itself will include 17 million square feet of commercial and residential space, more than 100 shops and restaurants, approximately 5,000 residences, a unique cultural space, 14-acres of public open space, a new 750-seat public school and a 150-room luxury hotel – all offering unparalleled amenities for residents, employees and guests. Its development will create more than 23,000 construction jobs, and when completed in 2024, more than 40,000 people a day will either work in or call Hudson Yards their home.

Hudson Yards is also the most accessible site in the region with unsurpassed connections to commuter rail, the subway system, the West Side Highway, the Lincoln Tunnel and even ferries along the Hudson River. Grand Central Terminal is only 6 minutes away by subway, and Penn Station, the nation’s busiest train station, is a short walk away.

For more information about Hudson Yards please visit www.hudsonyardsnewyork.com, and follow Hudson Yards on Facebook facebook.com/HudsonYardsNewYork and twitter @HudsonYardsEXP.

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CONTACTS:

Related Companies:
Jessica Scaperotti
212.801.3528
[email protected]

Derris & Co.:
Nick Rosen-Wachs
646.362.0795
[email protected]