Real Estate Weekly
Image default
Deals & Dealmakers

BCG signs 193,000 s/f lease at 10 Hudson Yards

The Boston Consulting Group (BCG), one of the world’s leading management consulting firms, announced plans to relocate its New York City offices to 10 Hudson Yards.

BCG will move more than 500 employees into 193,295 s/f of space on six floors in the 52-story tower in the fall of 2016.

The number of BCG employees at 10 Hudson Yards is expected to grow substantially over the next five years.

BCG will join Coach Inc., L’Oréal USA, SAP and VaynerMedia in the 1.7-million-square-foot tower, which is located at the corner of 10th Avenue and the north side of 30th Street, and is now more than 90 percent committed.

Other tenants at Hudson Yards include Time Warner Inc.; KKR; Boies, Schiller & Flexner; and Neiman Marcus. Hudson Yards is being developed by Related Companies and Oxford Properties Group.

“We are thrilled to be relocating our New York offices to the most digitally enabled development in the city, in one of the most vibrant neighborhoods,” said Ross Love, BCG’s managing partner for New York.

“Ten Hudson Yards is an ideal fit for our firm. The fast-rising neighborhood and exciting location will help us continue to attract and keep the top talent that is our most valuable asset. Even more important, the opportunity to design the space from scratch will allow us to promote new ways of working.

“Planned as an ‘office of the future,’ the space will push the boundaries of BCG’s strategy to create workplaces that support collaboration and choice. It will be a creative, high-energy environment where people want to spend time.”

The LEED-Platinum designed tower, by global architects Kohn Pedersen Fox Associates (KPF), will stand 895 feet tall and offer state-of-the-art commercial offices, ground-floor retail space, and a direct connection to the one-million-square-foot Shops and Restaurants at Hudson Yards.
Ten Hudson Yards features panoramic views and is one of the most unique buildings in the city, owing to its integration with the High Line, which passes through the structure of the building and will directly connect to the six-acre public plaza.

The new No. 7 subway station, which opened in September, is adjacent to Hudson Yards. Ten Hudson Yards recently topped out and is scheduled to be completed early next year.

Stephen M. Ross, chairman of Related Companies, said, “The Boston Consulting Group is widely recognized as one of the top companies to work for. The move to 10 Hudson Yards is indicative of their forward-thinking, impact-driven culture.

“The new building will allow BCG to create a custom environment for employees that reflects their collaborative ethos, and all within a dynamic neighborhood atmosphere with first-class amenities and convenient transportation access. We are thrilled to welcome BCG to Hudson Yards and add them to the roster of visionaries who are making the new west side their corporate home.”

Blake Hutcheson, CEO of Oxford Properties Group, qdded, “We are very pleased that The Boston Consulting Group has chosen to relocate to 10 Hudson Yards. As strategic advisors to premier clients around the world, we know BCG can think big, and Hudson Yards demonstrates thinking on a grand scale. Projects that change the face of a city take inspired, committed teamwork to succeed. BCG’s move to Hudson Yards

(Visited 1 times, 1 visits today)

Related posts

Ad agency relocates from Manhattan to Brooklyn

REW

Fragrance, food supplier renews 21,000 s/f NJ office lease

REW

Workers, residents treating Manhattan like the plague

REW