Skyscrapers in Hudson Yards with reflective glass surfaces tower against a clear blue sky. The sun peeks between two buildings on the right, casting light and shadows across the scene, creating a dynamic urban landscape.
Finance Solutions

Hudson Yards

The Hudson Yards initiative is transforming 360 acres of underutilized land on the far west side of Manhattan into a holistic, mixed-use destination—supporting everything from modern office spaces to residences and retail.

View from Hudson Yards of New York City skyline at sunset, featuring tall skyscrapers reflecting the suns orange glow. A river runs through the city, with boats visible on the water. The sky is clear, with the sun setting near the horizon.

In a convenient location, with direct transportation options, waterfront views, and access to cultural capital, Hudson Yards is ideally situated for economic development. 

Key Benefits
  1. A Connected Commute: Walking distance from Penn Station and the Port Authority Bus Terminal, it also offers easy access from major highways, tunnels, and bridges.  
  2. Access to City Favorites: Located near tourist attractions like Times Square and the High Line makes it a popular area for hotel developers and hospitality projects.  
  3. A Welcoming Home: Surrounded by established residential neighborhoods, including West Chelsea and Hell’s Kitchen, it’s becoming an increasingly desirable place to live. More than 5,600 apartments have been constructed in Hudson Yards since 2005.
Rendering of Hudson Yards by Related Oxford. A bustling urban plaza with modern skyscrapers in the background. People walk along landscaped paths featuring greenery and unique glass structures. The scene is vibrant, showcasing a mix of nature and architecture under a clear sky.
Milestone

3M

The amount of existing square feet of commercial office space at Hudson Yards.

Off to the Office

Boasting more than 3 million square feet of existing commercial office space—and close to 14 million total by 2022—the office market in this area is extensive. It’s currently home to many Fortune 500 companies, ranging from Tapestry and -BCG to WarnerMedia. Together, the private and public sectors are working to facilitate a vibrant, mixed-use community for New Yorkers.

34th St-Hudson Yards Subway Station entrance with a large, curved glass and steel canopy. Escalators lead down, with buildings visible in the background. Skies are partly cloudy. Photo by Julienne Schaer.
Shops and Shoppers 

Hudson Yards’ has over 200 retail stores and myriad dining options including all-day market Mercado Little Spain.

Aerial view of Hudson Yards Shopping, a modern and large building with a glass facade and a green rooftop garden. People are gathered on the spacious, light-colored pavement below. The buildings architectural details and outdoor space are prominently visible. Photo by Clint Spaulding/Getty Images.

NYCIDA Benefits

For more information please refer to the Uniform Tax Exemption Policy on the NYCIDA

Get in Touch

Contact: [email protected]

To learn about the Hudson Yards program, or NYCIDA, call 212.312.3600 or send an email to the following address.

Explore Other Programs