511 West 35th Street: More Residential Space in Hudson Yards

Posted on Wed, 12-18-2013

Last month, Alloy Development listed a large parcel of land it owns in the Hudson Yards area for $75 million. The site at 511 West 35th Street could soon see a tower with as much as 500,000 square feet of space built, and now Alloy hasreleased renderings of its own, meaning the site might not actually trade hands.

Related Companies would be the most obvious firm to purchase 511 West 35th Street, as the company is spearheading the Hudson Yards Redevelopment. Related also owns a plot of adjacent land at 517 West 35th Street, which could potentially result in another supertall tower if Related would transfer airrights.

The development site at 511 West 35th Street has an emphasis on commercial space, though near 20 percent could end up being residential. According to an earlier report by Crain's, the land has piqued the interest of hotel developers. The site has frontage on both 35th and 36th Streets, and is adjacent to the extension of the No. 7 subway line.

Thefar West Side of Manhattan continues to undergo rapid change and construction. The recently celebrated its one-year annivesary, release several new renderings of what will come to the Midtown West neighborhood. When Hudson Yards is completed, over 17 million square feet of space will be transformed into commercial, retail, school and residential space.

Further north, Hell’s Kitchen is revival, with several luxury condos rising in the neighborhood.

Legal Stuff

The owner of this website is not a licensed real estate broker or representative of the buildings or apartments contained on the website. This website is strictly for informational purposes. There are no property listings on this website. Nothing contained on this website shall suggest the availability of a property or guarantee the accuracy of accompanying prices.

If you would like more information about a property, we will connect you with a real estate broker who will be able to give you more information about available apartments and schedule a showing.