The seven-month public review of the proposed rezoning for the western half of the railyards between the Hudson River and Penn Station began last week and some new renderings were published today by Elliot Brown of www.observer.com of the plans of the Related Companies to fill the 26-acre site with a densely clustered pack of high-rise towers.
The eastern half of the site was rezoned in 2005.
Tishman Speyer Properties was awarded the development rights for the site last year but eventually withdrew and Related was then awarded the site. Related has not yet signed a contract for the project, which has been estimated to cost about $15 billion, but the contract is anticipated to be signed by January.
The western half of the site is currently planned to have 7 residential towers and one commercial tower with between 4,624 and 5,762 apartments and 1.5- to 2.2-million square feet of commercial space. About 20 percent of the rental apartments in the planned complex are supposed to be affordable and the commercial space can be either an office tower or a hotel.
Kohn Pedersen Fox is the architectural firm responsible for Related's master plan for the site and Michael Van Valkenburg Associates is designing the project's five acres of privately owned open space.
The eastern half of the site was rezoned in 2005.
Tishman Speyer Properties was awarded the development rights for the site last year but eventually withdrew and Related was then awarded the site. Related has not yet signed a contract for the project, which has been estimated to cost about $15 billion, but the contract is anticipated to be signed by January.
The western half of the site is currently planned to have 7 residential towers and one commercial tower with between 4,624 and 5,762 apartments and 1.5- to 2.2-million square feet of commercial space. About 20 percent of the rental apartments in the planned complex are supposed to be affordable and the commercial space can be either an office tower or a hotel.
Kohn Pedersen Fox is the architectural firm responsible for Related's master plan for the site and Michael Van Valkenburg Associates is designing the project's five acres of privately owned open space.
Architecture Critic
Carter Horsley
Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
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