Hudson Yards, ZIP 10030
The Hudson Yards Redevelopment Project is a New York City Department of City Planning and Metropolitan Transportation Authority proposal to encourage business development on Manhattan's far West Side along the Hudson River. The project initially included a rezoning of the Far West Side of Manhattan, an extension of the No. 7 subway line to 11th Avenue and 34th Street, an expansion of the Javits Center, and a stadium for the New York Jets over the MTA's West Side Yard. The stadium would have also been used for the 2012 Summer Olympics, had New York been selected to host, although stadium project failed to receive state approval. The rezoning action was adopted by the New York City Council in January 2005. The 2005 Rezoning of the Hudson Yards area and 2009 Rezoning of the Western Rail Yard, from manufacturing to commercial and residential. As rezoned, the Hudson Yards area now has 24,000,000 square feet (2,200,000 m2) of Class A office space, 13,500 housing units, Two million square feet of hotel space ,750-seat public school, One million square feet of retail and more than 20 acres of public open space. In May 2010, the MTA announced it had signed a contract with a joint venture of Related Companies and Oxford Properties Group; MTA will lease the air rghts over the railyard to the joint venture for 99 years, so that it can build a deck over part of the railyard.
Oxford Properties Group
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