Hudson Yards, Manhattan, NY
About Hudson Yards, Manhattan
Hudson Yards is officially the name of the largest private development in US history - a whopping 28-acre site with multiple skyscrapers rising above active rail yards. More commonly, “Hudson Yards” refers to the neighborhood that is forming as new residential/office/retail towers open within the mega-development.
With 15+ brand-new high-rises coming to the area, Hudson Yards is rapidly becoming Manhattan’s newest, biggest, and most expensive neighborhood. Ultimately, Hudson Yards will boast at least 3.4K residential units, offices, hotels, stores, parks, and a public school.
The History of Hudson Yards
As a burgeoning neighborhood, Hudson Yards’ history is brief but unique. Following several decades of planning and multiple proposals, a 2005 rezoning and approved IRT Flushing Line extension to the area facilitated the start of the Hudson Yards redevelopment project. Construction kicked off in 2012 with the first high-rise at 10 Hudson Yards (opened 2016). Since groundbreaking, several skyline-altering towers have risen above MTA’s rail yards, bringing thousands of new residents and employees to the area. While Hudson Yards officially opened in March 2019, construction is still underway today, expected to finish around 2025.
Hudson Yards Demographics
Residents here are wealthy and well-educated, with a share of 25-44 year olds that is higher than the rest of New York. Many work in well-paid management occupations. These demographics are likely to remain unchanged as even more luxury housing opens in the neighborhood.
Transportation in Hudson Yards
Hudson Yards is saturated with transit options, including a new subway station on the IRT Flushing Line (western end for 7 local and express services). Hudson Yards is within walking distance of Penn Station and the Midtown/W. 39th St. ferry terminal, and several bus lines and Citi Bike stations make local trips a breeze.
Housing in Hudson Yards
Hudson Yards offers both for-purchase and for-lease units, most found in soaring skyscrapers (up to nearly 100 stories tall) awash in resident amenities like pools, theaters, bowling alleys, and gyms. As expected, prices for these new homes run high, with rents often starting around $4-5K/month and recent sales reaching anywhere from $1.8M to $15M.
Neighborhood Life in Hudson Yards
Hudson Yards is still in the midst of its transition into NYC’s newest neighborhood, so major construction is part of everyday life here. Nevertheless, Hudson Yards is already flush with thousands of apartments and condos, restaurants owned by legendary chefs, high-end boutiques and luxury department stores, and quality open space and cultural centers that often host community events. The megaproject includes an almost unheard of amount of new office space here, so locals can expect to see more 9-to-5ers in the future. And with more hotels planned in and around the area, Hudson Yards’ role as a waterfront tourist destination is likely to become even more pronounced down the line.
Neighborhoods Similar to Hudson Yards
Hudson Yards Real Estate Trends
Hudson Yards’ real estate is some of NYC’s most expensive, with an areawide average sales price of \$5.6M and an average asking rent of \$4.4K. While it’s likely that the area will generally only increase in value in the future, the already exorbitantly high prices should not swell as drastically as other neighborhoods in NYC.
The Truth You Should Know About Hudson Yards, Manhattan
How Safe is Hudson Yards, Manhattan?
Generally, Hudson Yards is a safe neighborhood, with a crime rate slightly below the citywide average. Its role as a growing tourist hotspot, however, may mean increased petty crime in the future.
Are the Schools in Hudson Yards Good?
Hudson Yards is served by District 2, which is generally rated above average with regard to school quality. Specifically, Hudson Yards’ public schools include PS 33 Chelsea Prep (PK-5), City Knoll Middle School (6-8), and Satellite Academy High School (9-12). While PS 33 is regarded for its quality education, test scores at the latter two schools rank below the state average.
Popular Eateries in Hudson Yards, Manhattan?
Restaurants here are increasing in number tenfold as more storefronts are opened for business. @grid
American
20 Hudson Yards, 4th Floor, Manhattan, NY 10001Spanish
10 Hudson Yards, Manhattan, NY 10001Modern British
20 Hudson Yards, Manhattan, NY 10001American
20 Hudson Yards, Manhattan, NY 10001American
20 Hudson Yards, 5th Floor, Manhattan, NY 10001
What to Do in Hudson Yards, Manhattan?
Do some much-needed retail therapy at the Shops at Hudson Yards, which boasts seven floors and over 100 high-end retailers, including the first and only Neiman Marcus in NYC.
Be a tourist and climb Hudson Yards’ centerpiece landmark structure, the strikingly abstract Vessel (impressive views to be had at the top).
Embark on an art walk along the High Line, heading south to reach Chelsea’s impressive collection of art galleries, studios, and exhibitions.
Is Hudson Yards, Manhattan Dog-Friendly?
Hudson Yards is becoming increasingly dog-friendly. Not unlike elsewhere in NYC, new residential buildings here feature some of the latest pet amenities, including a new Dog City at Abington House (500 W. 30th Street). Nearby dog parks at Chelsea Waterslide Park and Pier 84 are popular with locals, and dog walkers and other pet-related services are plentiful here.
Is Hudson Yards, Manhattan Good for Cycling?
Several bike lanes and Citi Bike stations nearby, and direct access to the Hudson River Greenway make the neighborhood a good place for cycling. However, five more years of construction may mean intermittent detours, which may be less-than-ideal for some.
3 Things to Know Before Moving to Hudson Yards, Manhattan
Five more years of construction means related headaches like noise and traffic congestion are likely to persist.
Those nearest to the W. 30th Street heliport have reported excessive helicopter noise.
Many homes in the area are located in a flood zone, which means you may need to purchase flood insurance in order to secure a mortgage.