HUDSON YARDS CHANGING NYC LANDSCAPE

March 15, 2019 at 4:45 am

Phase one of New York City’s largest development since Rockefeller Center opens to the public.  When it’s completed, Hudson Yards—a complex created by Related Companies and co-developer Oxford Properties Group—will  cover 28 acres of the west side with housing, retail, restaurants, public space, and more—making it a game-changer in more ways than one.  Related Hudson Yards president Jay Cross discusses how the new development will shape the city.

Aired on March 14, 2019. 

Transcript Print

>>> PHASE ONE OF NEW YORK CITY'S
LARGEST DEVELOPMENTS SINCE
ROCKEFELLER CENTER OPENS TO THE
PUBLIC.
WHEN COMPLETED, HUDSON YARDS, A
COMPLEX CREATED BY RELATED
COMPANIES AND CODEVELOPER OXFORD
PROPERTIES GROUP, WILL COVER 28
ACRES OF THE WEST SIDE WITH
HOUSING, RETAIL, RESTAURANTS,
PUBLIC SPACE, AND MORE, MAKING
IT A GAME-CHANGER IN MORE WAYS
THAN ONE.
RELATED HUDSON YARDS PRESIDENT
JAY CROSS SPOKE WITH US ABOUT
THE PROJECT AND HOW IT WILL
SHAPE THE CITY.
HUDSON YARDS MAY BE NEW YORK
CITY'S SHINY NEW PLAYGROUND BUT
IT STORY BEGINS IN THE MID
1980s.
LONG ISLAND RAILROAD WAS
EXPANDING WESTWARD IN THE CITY
TO CREATE ESSENTIALLY A PARKING
LOT FOR ITS TRAINS.
THE WEST SIDE YARD.
PRESIDENT OF RELATED HUDSON
YARDS, JAY CROSS.
>> SO THE YARD, WHEN IT WAS
BUILT IN THE '80s, VERY
CLEVERLY, RICH RAVAGE WAS
CHAIRMAN OF MTA AT THE TIME,
SAID SOMEDAY SOMEBODY WILL WANT
TO BUILD OVER THESE YARDS.
THEY SPACED THE TRACKS IN SUCH A
WAY THAT WE COULD COME 40, 50
YEARS LATER AND PUT ALL OUR
CAISSONS DOWN BETWEEN THE TRACKS
AND THEN BUILD A TABLETOP ON TOP
OF THE CAISSONS.
>> IT TOOK 200 CAISSONS, TO BE
EXACT.
THEY SUPPORT A PLATFORM HOLDING
THE FIRST PHASE OF THIS HUDSON
YARDS PROJECT CALLED THE EASTERN
YARDS.
THE SECOND PHASE, THE WESTERN
YARDS, WILL BE COMPLETED IN THE
NEXT SIX TO TEN YEARS.
IT WILL BE BUILT ON TOP OF
ANOTHER PLATFORM COVERING THE
RAIL YARD BETWEEN 11th AVENUE
AND THE WEST SIDE HIGHWAY.
THIS STRETCH OF MANHATTAN, 28
ACRES THAT FALL IN THE BROADER
360-ACRE HUDSON YARDS DISTRICT,
IS LARGELY UNUTILIZED.
MOST OF THE LAND ON WHICH THE
REAL ESTATE DEVELOPMENT, RELATED
HUDSON YARDS, IS BUILT AND WILL
CONTINUE TO BUILD, WAS OCCUPIED
BY TRAIN TRACKS.
>> THIS IS THE ONLY PLACE LEFT.
BECAUSE OF THE INDUSTRIAL LEGACY
OF THE RAILROADS.
THERE WAS HELL'S KITCHEN TO THE
NORTH, CHELSEA TO THE SOUTH, A
BIG HOLE IN THE DOUGHNUT.
>> CROSS SAYS IN A VERY MATURE
CITY LIKE NEW YORK IT'S HARD TO
ASSEMBLE THIS MANY ACRES OF
AVAILABLE LAND.
A PROJECT LIKE RELATED HUDSON
YARDS RELIES ON THERE BEING OLD
INFRASTRUCTURE AVAILABLE FOR
REDEVELOPMENT.
CANARY WHARF BUILT ON LONDON'S
DOCK LANDS.
HE SAYS THIS MIGHT AN TREND.
>> FOR THE FIRST TIME EVER, 50%
OF THE POPULATION IN THE WORLD
LIVE IN CITIES.
THAT'S GOING TO PUT MORE
PRESSURE ON CITIES, PARTICULARLY
MATURE CITIES.
I THINK YOU'LL SEE MORE PROJECTS
LIKE HUDSON YARDS.
THEY'RE A LITTLE DIFFICULT TO
PUT TOGETHER LIKE UNICORNS.
>> THEY RELY HEAVILY ON
PUBLIC-PRIVATE PARTNERSHIPS
INCLUDING THE BUILDING-OUT OF
INFRAS
INFRASTRUCTURE, I.E., EXTENSION
OF THE 7 TRAIN, AND BUY-IN FROM
RETAIL BUSINESSES AND
CORPORATIONS WILLING TO RELOCATE
REIN THE WAKE OF AMAZON'S MOVE
TO LONG ISLAND FALLING THROUGH
LARGELY DUE TO PUSHBACK OVER TAX
BREAKS, THERE'S A STUDY SHOWING
THE CITY OFFERED $5.7 BILLION IN
INVESTMENTS AND TAX BREAKS.
ACCORDING TO COAUTHOR OF THE
STUDY BRIDGET FISHER THIS $5.7
BILLION WENT TO THE HUDSON YARDS
DISTRICT FOR INVESTMENT IN THE
EXTENSION OF THE 7 TRAIN, A NEW
PARK, A NEW PUBLIC SCHOOL, AND
TAX BREAKS FOR COMMERCIAL AND
RESIDENTIAL DEVELOPERS.
$685 MILLION WENT TO SITES
INVOLVED DIRECTLY WITH RELATED
HUDSON YARDS.
IT'S STILL A HEFTY PRICE TAG BUT
THAT HE BELIEVES WILL FUNNEL
BACK TO THE CITY IN GDP, TAXES,
AND JOBS.
CROSS BELIEVES THE INCENTIVES
HELPED COURT COMPANIES TO
RELOCATE TO HUDSON YARDS, A
NECESSITY IN HIS EYES TO DEVELOP
THE NEW NEIGHBORHOOD'S
ECOSYSTEM.
>> IF YOU HAVE ONLY ONE USE, SAY
OFFICE, YOU'RE GOING TO HAVE A
DEAD NEIGHBORHOOD AT NIGHT.
IF YOU DENSIFY WITH RESIDENTIAL,
YOU'RE NOT NECESSARILY GOING TO
BE HUMMING DURING THE BUSINESS
DAY.
I THINK IT'S THE RIGHT
COMBINATION OF USES IS REALLY
WHAT CREATES A GREAT
NEIGHBORHOOD.
>> THAT MIXED-USE CITY WITHIN A
CITY APPEAL IS ON FULL DISPLAY
IN A COMMERCIAL FOR HUDSON
YARDS.
>> A PLACE DESIGNED FOR HARMONY.
TO FEED OUR ASPIRATIONS AND
NOURISH OR SOULS AND OUR BODIES.
IMAGINEA PLACE THAT REFLECTS
THE SPIRIT OF CREATIVITY, THE
PROMISE OF TECHNOLOGY, FULL OF
LUXURY AND STYLE.
SEAMLESSLY CONNECTED TO THE
FUTURE OF FASHION, FOOD, ART,
ENTERTAINMENT, AND BUSINESS.
>> GARNERING A FAIR SHARE OF THE
HUDSON YARDS BUZZ ARE TWO
ATTRACTIONS, THE SHED AND THE
VESSEL.
THE SHED AT 200,000 SQUARE FOOT
ART SPACE SHOWCASING EVERYTHING
FROM VISUAL ART AND DIGITAL
MEDIA TO DANCE, CLASSICAL MUSIC,
HIP-HOP, IS SET TO OPEN IN EARLY
APRIL.
THE BUILDING IS MOST NOTABLE FOR
ITS RETRACTABLE SHELL THAT
COVERS THE ADJOINING PLAZA AND
CAN MOVE BACK TO OPEN UP OUTDOOR
SPACE.
>> I THINK IT'S REALLY GOING TO
PUTUS ON THE CULTURAL MAP YET
AGAIN FOR SOMETHING COMPLETELY
UNIQUE TO NEW YORK.
>> THE VESSEL STANDING AS THE
DEVELOPMENT'S CENTERPIECE IS A
GIANT SCULPTURE CREATED BY
DESIGNER THOMAS HEATHERWICK AND
HIS STUDIO.
IT'S COMPRISED OF 154
INTERLOCKING FLIGHTS OF STAIRS,
OFFERING DIFFERENT VIEWS OF THE
CITY.
BEYOND THE TOURISM-GRABBING
LANDMARKS, RELATED HUDSON YARDS
CAN FUNCTION AS A COMMUNITY UNTO
ITSELF.
THE REAL ESTATE PROJECT HAS ITS
OWN GROCERY STORE, 25
RESTAURANTS AND FOOD CONCEPTS, A
HOTEL, AND WILL EVENTUALLY HAVE
ITS OWN PUBLIC SCHOOL.
BUT CONVENIENCE COMES AT A COST.
APARTMENTS START AT $4 MILLION
TO BUY AND $5,000 A MONTH TO
RENT.
THE SHOPS AT HUDSON YARDS BOAST
SEVERAL LUXURY STORES IN
ADDITION TO MORE MAINSTREAM
STORES LIKE SEPHORA AND ZARA.
FOR SOME THIS LUXURY-ORIENTED
LIFESTYLE HAS GIVEN HUDSON YARDS
THE VIBE OF A PLAYGROUND FOR THE
WEALTHY BUT CROSS DOESN'T SEE IT
THAT WAY.
>> NO, I SEE IT AS AN EXTENSION
OF NEW YORK.
JUST THIS WEEK IT WAS PUBLISHED
THAT LONDON JUST PASSED NEW YORK
AS THE WEALTHIEST CITY IN THE
WORLD.
SO WE ARE WHAT WE ARE.
THAT'S NEW YORK.
BUT I THINK WITHIN THE CONTEXT
OF WHAT WE'RE OFFERING NEW
YORKERS, WE'VE GOT EVERYTHING,
ALL SORTS OF FOOD OF OFFERINGS,
AFFORDABLE APARTMENTS, 100 OF
THEM ALREADY, 300 MORE STILL TO
BUILD.
SO I THINK IN EVERY RESPECT
WE'RE TRYING TO BUILD HUDSON
YARDS AS A PLACE FOR ALL NEW
YORK RESPECT.
>> THAT MEANS THAT WHILE HUDSON
YARDS IS FAIRLY SELF-SUFFICIENT,
IT WAS IMPORTANT TO THE RELATED
TEAM TO CONNECT THE COMPLEX BACK
TO THE CITY.
>> HUDSON BOULEVARD GOES NORTH
FROM US.
THE SUBWAY IS JUST ABOVE US.
FIVE-ACRE PARK HERE ANCHORED BY
THE VESSEL FACING NORTH.
GO SOUTH, YOU WALK STRAIGHT ONTO
THE HIGH LINE.
WE'LL BE ABLE TO CONNECT
STRAIGHT BACK TO MOYNIHAN
STATION, THE EXTENSION OF PENN
STATION TO THE WEST, WEST OF
11th AVENUE WE'LL HOOK UP WITH
THE HUDSON RIVER PARK.
WE'LL BE CONNECTED UNDERGROUND
TO THE SUBWAY.
WE'RE CONNECTED THEREFORE TO THE
JAVITS CENTER.
>> NOT TO MENTION 10th OF A,
11th AVENUE, AND THE CROSS
STREETS.
IT WILL HAVE A RIPPLE EFFECT ON
THE CITY.
>> THE WEST SIDE IS CONTINUOUS.
I THINK WHAT'S INTERESTING,
THINK OF HUDSON RIVER PARK.
YOU CAN RIDE FROM YOUR BIKE FROM
THE GEORGE WASHINGTON BRIDGE TO
THE BATTERY, THAT'S PRETTY COOL.
NOW I THINK ALL THE
NEIGHBORHOODS ARE EQUALLY
CONNECTED TO A PARK SYSTEM, A
TRANSIT SYSTEM, NEW
DEVELOPMENTS.
THAT ALLOWS THE CITY TO THRIVE.
>> FROM ANY ANGLE --
ENGINEERING, URBAN PLANNING,
DESIGN -- HUDSON YARDS IS AN
AMBITIOUS PROJECT.
>> WE HEAR THIS A LOT.
WE NEED A NEW ROBERT MOSES.
I'M NOT SURE WE NEED A NEW
ROBERT MOSES BUT I THINK WE NEED
TO GO BACK TO THE AMBITION
ROBERT MOSES HAD.
I THINK WHAT WE'VE DEMONSTRATED
HERE AT HUDSON YARDS THAT WE CAN
STILL BE AMBITIOUS, AND WE CAN
BE AMBITIOUS AND ACTUALLY THRIVE
AND SUCCEED.
AND I THINK THAT'S SOMETHING
THAT WE HAVE TO SORT OF GET OUR
MOJO BACK AND PROVE THAT WE CAN
BE ONCE AGAIN.
>> IN MANHATTAN, I'M MADDIE
ORTON FOR "METROFOCUS."

Mutual of America PSEG

Funders

MetroFocus is made possible by James and Merryl Tisch, Sue and Edgar Wachenheim III, the Sylvia A. and Simon B. Poyta Programming Endowment to Fight Anti-Semitism, Bernard and Irene Schwartz, Rosalind P. Walter, Barbara Hope Zuckerberg, Jody and John Arnhold, the Cheryl and Philip Milstein Family, Janet Prindle Seidler, Judy and Josh Weston and the Dr. Robert C. and Tina Sohn Foundation.

WNET

© WNET All Rights Reserved.

825 Eighth Avenue

New York, NY 10019