By Al Barbarino
A top level team from Jones Lang LaSalle is set to join the hunt for West Side tenants after being tapped by Extell to lease its new 1.7 million square foot Hudson Yards tower.
Derek Trulson, Frank Doyle and Randy Abend will lead the effort to fill the new tower that Extell is calling One Hudson Yards.
“There have been few things more exciting in my 25-year career in Manhattan real estate than being part of the emergence of a vibrant, new commercial district,” said Doyle.
“We are pleased to represent Extell in leasing One Hudson Yards, which will be the first project delivered within the Hudson Yards district.”
Extell announced yesterday (Tuesday) that it would revive its plan to build the office tower that will occupy the eastern side of 11th Avenue, between 33rd and 34th Streets, facing a new four-acre park and sitting behind the entrance to the new Hudson Yards No. 7 subway station.
The developer’s decision to go ahead with the building puts him in direct competition for big office tenants with both Related, whose Coach-anchored first Hudson Yards tower will open in 2015, and with Brookfield, which also expects to open its West Side tower late in 2015.
CBRE signed the handbag-maker to 750,000 s/f in the 46-story building, which is expected to break ground in October. It is part of Related’s 12 million square feet Hudson Yards office and apartment project bounded by West 42nd Street, 8th Avenues, West 28th Street and the Hudson River Park.
That site will also include a 750-seat public school, and more than 12 acres of public parks and open spaces.
Brookfield, meanwhile, hired a Cushman & Wakefield team led by global chairman Bruce Mosler to lease up its nearby Manhattan West development, a 1.5-acre site at Ninth Avenue and 31st Street.
Mosler told REW yesterday: “We are in serious discussions with a number of tenants in a wide variety of industries from 500,000 s/f all the way up to two million square feet.”
According to Gary Barnett, president of Extell, “If you looked at a map of the Hudson Yards district, our site is dead center, smack in the middle.
“In addition to great architecture and a superb location, we’re also offering the most competitive rents in the Hudson Yards district.”
Derek Trulson, managing director with Jones Lang LaSalle, said, “One Hudson Yards will rise on the most strategically situated site in the up-and-coming Hudson Yards district. This state-of-the-art office tower will benefit from having direct access to the No. 7 line subway station, the beautiful new Hudson Boulevard Park and the main 34th Street corridor.”
Trulson said the team has already begun targeting high profile, large scale tenants looking to establish a flagship presence in the new Class A tower.
The building was designed by Kohn Pedersen Fox and will feature a pointed tower with a glass and metal curtain that will wrap the floor plates then peel away from the tower at the base, according to Extell.
“The diagrid structure is revealed three-dimensionally as it reaches the ground with lobby entries and storefronts set between large diagonal steel members, dramatically juxtaposing the monumental scale of the tower with the finer textured pedestrian surfaces,” read a statement from the company.
The building will obtain LEED-certification and offer “leading-edge telecommunications and energy management systems,” high speed elevators and a state-of-the-art security system, according to Extell.
A spokesman for Extell said construction would get underway once half of the tower had been pre-leased.