LATEST NEWS

Javits Center Makes Manhattan’s Far West Side A ‘City Within A City’

Commuting is out. Living where you work is the way millennials want things and New York is taking note.

By Jeff Vasishta February 2, 2017
Rendering by FXFOWLE Architects.

The Jacob K. Javitz Center is expanding to the tune of $1.5 billion. New shimmery renderings show 90,000 more square feet of permanent exhibit space, a 45,000 square feet “state-of-the art” meeting room and a 55,000 square-foot ballroom. The joint venture between the NYC-based Turner Construction and Australian builder, LandLease submitted the winning proposal to Empire State Development, which owns the center.

Related: Burgeoning Budapest Awaits Its Largest Development In 30 Years

The expansion coincides with massive development currently occurring on the far west side of Manhattan with Hudson Yards 28-acre office, shopping and residential “city within a city” nearby. Fifteen blocks to the south of the Javits Center is Pier 57. The anchor tenant at the redeveloped pier will be Google occupying 250,000 square feet. The tech giant currently employs around 5000 people in NY, mostly at their 9th St Chelsea offices. Their new offices, which sit on the Hudson, are currently undergoing a $350 million renovation. Celeb chef Anthony Bourdain’s much hyped “Asian Food Court” has also been rumored to take up space at Pier 57 or nearby at Gansevoort Market.

The idea of creating a new commercial and residential ecosystem plays into a live/work/play/millennial mindset where commuting is out and life/work balance is in is fueling much of the urban planning going into the far Westside.

Related: 10 Best Global Architectural Projects Of 2016 Will Take Your Breath Away

“The No. 1 concern for CEOs unanimously across the board is how do they attract and retain talent,” Jeff Blau, CEO of Related told Mansion Global. “We suddenly realized that real estate could really be used for that purpose. “Real estate can anchor talent retention.”

The same concept is catching fire throughout the New York area, Brooklyn’s Industry City in Sunset Park, the Navy Yard, near Clinton Hill/Bed-Stuy and Jersey City’s Newport area are the obvious examples.

“When you look at where all the millennials and all the 24-35-years-olds—and that’s sort of the richest pool of where these employers want to get their staff from—you see the growing neighborhoods of the waterfront of New Jersey, the waterfront of Brooklyn and downtown from Chelsea to the tip of Manhattan,” said Marty Burger, CEO of Silverstein Properties, which has led construction of the World Trade Center.

Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

  • AGORAFY
    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China https://goo.gl/PsTUwv
  • AGORAFY
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures https://goo.gl/NZ3zqD
  • AGORAFY
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury https://goo.gl/7TpLk6
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…
Will Artificial Intelligence Change Real Estate Industry In The Next Five Years?
Globalization and tech progress are the two forces that are irreversibly changing the world. Robots, machines, artificial intelligence (AI) tools, and, of course, vast amounts…