Hudson Yards, New York — Class A submarket

TL;DR

• 50,000+ sqft floor plates available in single contiguous blocks.
• All assets target leed">LEED Gold or higher.
• Direct 7-line subway, ferry, and No. 7 walking-distance access to Penn Station.

Overview

Hudson Yards re-mapped the Far West Side in less than a decade. The development cluster — 10, 30, 50, 55 Hudson Yards plus the Manhattan West towers — set new standards for floor plates, amenitisation, and ESG performance. Anchor tenants include BlackRock, KKR, WarnerMedia, Meta, and Wells Fargo.

Tenant profile

Asset managers, technology platforms, global banking, top-tier law and consulting.

Typical specification

30-50,000 sqft floor plates, column-free design, 10'+ slab-to-slab in trophy assets, advanced MEP, terraces.

Transit

7 line at 34th-Hudson Yards; 10-minute walk to Penn Station for Amtrak, NJ Transit, LIRR.

Penn Station access drives strong inbound flow from New Jersey and Long Island.

Amenities

The Shed, Vessel, Hudson Yards retail (Equinox, Neiman Marcus), Hudson River waterfront. On-site hotel, conference center, and amenity floors at most assets.

Comparable buildings

• Hudson Yards 50
• Hudson Yards 30
• One Manhattan West

Where Hudson Yards sits in New York

Hudson Yards is one of 7 Class A submarkets we cover in New York, classified as trophy tier with an average asking rent around $130/sqft/yr. Compared with the broader New York Class A stock, Hudson Yards typically attracts Asset managers, technology platforms, global banking, top-tier law and consulting and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Hudson Yards: Midtown, Midtown South, Financial District, SoHo & Tribeca. The full New York submarket atlas is at /cities/new-york.

Topic deep-dives for Hudson Yards

For an institutional Class A occupier evaluating Hudson Yards, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

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Related glossary

Terminology specific to New York Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Frequently asked questions

How does Hudson Yards rent compare to Park Avenue?

Asking rents are broadly comparable on the trophy tier, with Hudson Yards offering significantly larger contiguous blocks and Park Avenue offering more brand prestige and shorter Midtown commutes.