Hudson Yards

The approximately 7.5 million square feet of commercial office space in the Hudson Yards development generates a substantial daily worker catchment independent of residential and tourist traffic. The 7 subway line extension to the 34th Street Hudson Yards station connects the complex to Grand Central in under 10 minutes, drawing from midtown commuter and Queens residential populations. The High Line terminus at Hudson Yards generates pedestrian traffic from Chelsea and the Meatpacking District to the south.

The Shops at Hudson Yards represents a new urban retail geography created by mixed-use real estate development rather than conventional retail planning. The Far West Side catchment did not exist as a defined retail trade area before 2019; its consumer composition, driven by the office, residential, and cultural development around it, differs from both traditional Manhattan street-level retail and the suburban enclosed mall model. For brands assessing Manhattan expansion beyond established corridors, Hudson Yards represents the leading edge of the Far West Side market in a high-design format with an evolving and growing permanent catchment.

Neiman Marcus signed as anchor of The Shops at Hudson Yards in September 2014, taking 250,000 square feet over the top three levels. In December 2014 Related Companies and Oxford Properties previewed the project at the ICSC New York Deal Making conference with a 17-foot scale model and a virtual reality walkthrough, at a time when completion was targeted for 2018. The mall opened on March 15, 2019. In September 2023 Wells Fargo bought 445,000 square feet across three levels of the building for $550 million and converted the space to offices, reducing the retail footprint to its current form.