Construction Begins On Hudson Yards' Observation Deck

NEW YORK, NY – April 10, 2018 – Related Companies and Oxford Properties Group today announced the start of construction on Hudson Yards’ Observation Deck. Standing more than 1,000 feet in the air and extending out 65 feet from the 100th floor of 30 Hudson Yards, it will be the highest outdoor observation deck in the Western Hemisphere, and the fifth highest in the world. With unobstructed views of the Manhattan Skyline and Hudson River, programming will include a signature 10,000-square-foot restaurant, bar and event space run by renowned hospitality group rhubarb, creating a one-of-a-kind dining and social experience for visitors, residents and employees. The observation deck is scheduled to open in late 2019, shortly after The Shops and Restaurants at Hudson Yards, and the Public Square and Gardens and its centerpiece, Vessel, open in March 2019.

“Construction of the observation deck is the next major milestone in bringing Manhattan’s newest neighborhood to life,” said L. Jay Cross, President of Related Hudson Yards. “When it opens, the Hudson Yards Observation Deck will serve as the new focal point for the west side skyline. Whether you’re interested in a cocktail, a celebratory dinner, or just want to see what the city looks like from 1,000 feet up in the sky, the Hudson Yards Observation Deck will offer a truly unique New York experience.”

“Seeing Hudson Yards reshape the Manhattan skyline has been exciting to us and our partners,” said Blake Hutcheson, Chair, Oxford Properties Group. “Now, with the construction of the observation deck, residents and visitors alike can be a part of the skyline. We’re excited to see New York from such great heights, through the eyes of Hudson Yards.”

The Hudson Yards Observation Deck will be made up of 15 primary sections, each weighing between 35,000 and 100,000 pounds. Bolted together and anchored to the east and south sides of the building, the 765,000 pound observation deck will create a 7,500-square-foot outdoor viewing area. A nine-foot tall angled glass wall will encircle the deck, and a window in the floor will provide a once-in-a-lifetime look at the neighborhood below.

Designed by Bill Pedersen of Kohn Pedersen Fox Associates, 30 Hudson Yards will stand 1,296 feet tall and offer state-of-the-art commercial office space for its tenants, which include DNB Bank, Kohlberg, Kravis & Roberts (KKR), Time Warner Inc. and Wells Fargo, among others. In addition to the Hudson Yards Observation Deck, the building has direct access to The Shops & Restaurants at Hudson Yards and a direct connection to the No. 7 Subway station. The LEED Gold-designed tower is on track to top out this summer.

“The design of our two towers at Hudson Yards is based on our intention of making overt responses to all aspects of the surrounding urban landscape,” said Bill Pedersen, Founding Design Partner of Kohn Pedersen Fox Associates. “The most dramatic of these gestures will be the observation deck which cantilevers 65 feet out into space from the top of 30 Hudson Yards reaching out, almost as an invitation, to all of Manhattan. Together with the Vessel, these dramatic architectural structures are included in Hudson Yards for all to enjoy.”

Hudson Yards is an entirely new neighborhood bringing more than 18 million-plus square feet of mixed-use development to Manhattan’s West Side. The site includes more than 100 shops, including New York City’s first Neiman Marcus; signature restaurants and food experiences by Chefs and restauranteurs Thomas Keller, José Andrés, David Chang, Michael Lomonaco, Costas Spiliadis, rhubarb and D&D London; approximately 4,000 residences; 14-acres of public open space; a new 750-seat public school and an Equinox Hotel® with more than 200 rooms – all offering unparalleled amenities for residents, employees and guests.

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ABOUT RELATED COMPANIES:

Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.

Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals. The Company’s portfolio of over $50 billion in real estate assets owned or under development is made up of best-in-class mixed-use, residential, retail, office and affordable properties in premier high-barrier-to-entry markets. Related has developed preeminent mixed-use projects such as Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre Hudson Yards project on Manhattan’s West Side. Related also manages approximately $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, and family offices. Related was recently named to Fast Company Magazine’s list of the 50 Most Innovative Companies in the World.

Related also owns Equinox® Fitness Clubs and SoulCycle further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties through an exclusive, branded amenity and lifestyle offering. Related is also a partner in CORE, a boutique residential brokerage. For more information about Related Companies please visit www.related.com.

ABOUT OXFORD PROPERTIES GROUP:

Oxford Properties Group is one of the world’s premier real estate investment, development and management companies. Established in 1960, Oxford manages over $40 billion of real estate assets on behalf of its co-owners and investment partners, with a global portfolio spanning over 60 million square feet. We have offices across Canada and in London, Luxembourg, Boston, Washington D.C. and New York, with regional investment, development and management professionals who have deep real estate expertise and local market insight. Oxford is the global real estate arm of OMERS, the pension plan for Ontario’s municipal employees. For more information about our hands-on approach to real estate, visit www.oxfordproperties.com.

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CONTACTS:

Related Companies:
Jessica Scaperotti
212.801.3528
[email protected]

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