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Related Companies And Oxford Properties Push 70 Hudson Yards Tower Above Street Level

Related Companies And Oxford Properties Push 70 Hudson Yards Tower Above Street Level
Traded Media
Traded Media
by Traded MediaShare
New York
Development Site
  • 1.4 million square feet office tower rising in Hudson Yards
  • 832-foot, 52-story project targeting zero-carbon emissions
  • Deloitte leasing 800,000 square feet as anchor tenant

What vertical construction signals for Hudson Yards momentum

Vertical construction is now underway at 70 Hudson Yards, marking a major milestone for one of Manhattan’s most high-profile office developments. The tower is being developed by Related Companies and Oxford Properties, with design by Roger Ferris + Partners and Gensler. Foundation work has wrapped up, and crews are actively forming the reinforced concrete core, signaling the transition to full vertical construction. In today’s office market, where many projects are paused, this level of progress reflects strong capital backing and leasing confidence.

What the scale and tenant demand mean for office recovery

The tower will deliver just under 1.4 million square feet of office space, recently expanded by 300,000 square feet through air rights and contributions to the Hudson Yards district. A major driver of the project is Deloitte, which plans to lease 800,000 square feet and consolidate operations from 30 Rockefeller Plaza. This anchor commitment is critical, signaling that top-tier tenants are still pursuing large, centralized офис footprints in prime locations. The building will also feature large, efficient floor plates, with podium levels exceeding 35,000 square feet, aligning with demand from institutional tenants seeking scale and flexibility.

What zero-carbon positioning means for future leasing

70 Hudson Yards is being positioned as New York’s first zero-carbon-emission skyscraper, a major differentiator in an increasingly ESG-driven leasing environment. The design includes a glass curtain wall with bronze-toned detailing, along with architectural features like loggias and cantilevered sections. Beyond aesthetics, the sustainability angle is likely to drive premium tenant interest, particularly from firms with aggressive carbon reduction goals. This aligns with a broader shift where new office supply must meet higher environmental standards to remain competitive.

What amenities and location mean for tenant retention

The tower will offer a full suite of modern workplace amenities, including wellness areas, conferencing spaces, a media studio, and even overnight suites for employees. Ground-floor retail and dining will further activate the base of the building. Located along Hudson Boulevard East, the property sits directly near the 7 train and Bella Abzug Park, reinforcing Hudson Yards as a live-work-play district. This combination of transit access and lifestyle amenities is now essential for attracting tenants back to office environments.

What this means for Manhattan office investors

With completion expected in fall 2028, 70 Hudson Yards is a long-term bet on the next cycle of office demand. The combination of strong sponsorship, anchor tenancy, and ESG positioning makes it one of the more resilient projects in the pipeline. For investors, this reinforces a clear trend: new, high-quality office assets in prime locations continue to outperform, even as older buildings face rising vacancy and obsolescence.

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