30 Hudson Yards


30 Hudson Yards is a super-tall skyscraper in the West Side area of Manhattan. Located near Hell's Kitchen, Chelsea, and the Penn Station area, the building is part of the Hudson Yards Redevelopment Project, a plan to redevelop the Metropolitan Transportation Authority's West Side Yard. Since April 2019, it has been the third-tallest building in New York City.
The building has a triangular observation deck jutting out from the 101st floor. This observation deck, at 1,100 feet, opened in March 2020 and is the second highest outdoor observation deck in the Western Hemisphere, after Toronto’s CN Tower Outdoor SkyTerrace. It offers new skyline views to the south and east of Manhattan, the surrounding boroughs, and New Jersey.

History

The groundbreaking ceremony took place on December 4, 2012. Early construction work focused on building a platform to cover much of the Eastern Rail Yard, for much of Phase 1 to sit upon. The platform is rested on caissons, that are drilled underground. On December 12, 2013, it was announced that Tutor Perini Building Corp. was awarded a $510 million contract to build the platform.
In 2013, Time Warner announced its intentions to move most of its offices to 30 Hudson Yards, vacating its current headquarters at the Time Warner Center, also owned by Related, at Columbus Circle. The company will occupy half the building, below the 38th floor.
In mid-2015, Related received a $690 million loan from Bank of America, Wells Fargo, and CIBC which allowed construction to start. By January 2016, the structure's first few aboveground floors were already complete. Construction of the observation deck at the top of the tower began in April 2018. The observation deck was nearly complete by mid-2018.
The building opened on March 15, 2019. One month later, WarnerMedia executed a leaseback and sold their space to Related and Allianz for $2.2 billion after signing a 15-year lease for. The partners financed the purchase with a 10-year, $1.43 billion commercial mortgage-backed security interest-only loan from Deutsche Bank, Wells Fargo, and Goldman Sachs. In June, KKR took out a $490 million mortgage from Deutsche Bank on their office condominium space.

Tenants

was chosen for the design of the building. Originally planned to be tall, the building was later downsized to tall, making it still the development's tallest building. WarnerMedia's space features amenities including a cafeteria, a fitness center, a two-level auditorium and cinema and an outdoor deck.
The building's lobby will contain artwork by Spanish artist Jaume Plensa consisting of 11 stainless steel spheres hanging from the ceiling, meant to represent global unity and cultural diversity.

The Edge

The building features an observation deck that juts into the air, known as "The Edge". It opened to visitors on March 11, 2020, and closed two days later due to the COVID-19 pandemic.

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