Hudson Yards Grand Opening to Delight
Photo credit: Hudson Yards New York
Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The site will include more than 18 million square feet of commercial and residential space, more than 100 shops, a collection of restaurants, approximately 4,000 residences,
The Shed, New York’s first arts center to commission new work across the performing arts, visual arts, and popular culture, 14 acres of public open space, a 750-seat public school and an Equinox Hotel® with more than 200 rooms—all offering unparalleled amenities for residents, employees and guests. The development of Hudson Yards will create more than 23,000 construction jobs. Hudson Yards will also have a substantial economic impact on the New York City economy.
Once fully operational, the development will contribute nearly $19 billion annually to New York City’s Gross Domestic Product (GDP), accounting for 2.5 percent of the citywide GDP. It will also contribute nearly $500 million annually in City taxes. Companies and buildings at Hudson Yards will bring 55,752 direct jobs to the new West Side neighborhood. Learn more at: https://www.hudsonyardsnewyork.com/
Photo credit: New York Times