This $20 billion project, built with $6 billion in public
subsidies, including funds that were earmarked for reducing
unemployment in Harlem, is said to be the largest development
in NYC since Rockefeller Center. It's largely built on space
created by roofing over the railyards west of Penn Station. When it opened in 2019, reviews
were almost uniformly negative, with the New York Times
comparing to "some gated community in Singapore. Neil deMause
called the buildings "towering glass shards that look like they were designed just to be demolished in the next Marvel movie."
50 Hudson Yards
Ground was broken for a 58-story, 1,011-foot commercial tower here,
to be completed in 2022.
Mitsui, the Japanese zaibatsu,
will own a 90% stake in the building. BlackRock, the world's larget asset manager
which controls nearly $6 trillion in investments, is to be the major tenant. Two
star-shaped sculptures by Frank Stella will sit in the lobby. Formerly
on this site was a longstanding drive-through McDonald's.