Nearly complete construction of 50 Hudson Yards in April of 2021. The agreed upon lease spans 15 floors of the building. Tenants īefore construction on 50 Hudson Yards began, BlackRock agreed to move its headquarters to the building in 2016, as the anchor tenant. The building officially opened the same month. In October 2022, Related and Oxford Properties borrowed about $349 million for 50 Hudson Yards from Wells Fargo. In August 2018, the height of the building was increased slightly, from 985 ft (300 m) to 1,011 ft (308 m). Work on the foundation of 50 Hudson Yards began in May 2018. Bank of China, Deutsche Bank, HSBC, Sumitomo Mitsui and Wells Fargo contributed financing for the tower. Mitsui Fudosan owns a 90 percent stake in the building. In September 2017, developer Related Companies obtained $3.8 billion in financing for the new tower, including a $1.5 billion loan. In December 2016, after a revised plan for the building was released with asset manager BlackRock set to take 847,000 square feet (78,700 m 2) as the anchor tenant, new renderings for the building, designed by Foster + Partners were revealed. The building's plans were also changed the building, originally meant to be step-like structure with a white facade, was updated to reflect a three-part structure with three rectangular components, each one smaller than the one below it. The tower was shown at a height of 1,068 feet (326 m). In April 2014, new renderings of a 62-story, 2.3-million-square-foot (210,000 m 2) building were released. The building is located at the southwest corner of 34th Street and 10th Avenue. The building opened on October 19, 2022.ĥ0 Hudson Yards ranks as the fourth largest office tower in New York City in terms of available leasable area, with 2.9 million square feet (270,000 m 2) of commercial space. The building is located to the north of 30 Hudson Yards, and on the east side of the Hudson Park and Boulevard, adjacent to 55 Hudson Yards. 50 Hudson Yards is a 58-story, 981-foot (299 m)-tall building that was developed as part of the Hudson Yards Redevelopment Project in Hudson Yards, Manhattan, New York City.
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