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Residential Interest Skyrockets as Hudson Yards Opens
With the long-awaited $25-billion Hudson Yards finally becoming a reality, it would seem that everyone wants to live there, although the sprawling mixed-use project will contain only two residential buildings. StreetEasy reported that buyer and renter interest in homes at Hudson Yards skyrocketed ahead of the project’s March 15 opening.
Between March 12 and March 15, the volume of StreetEasy searches in Hudson Yards shot up 257%, compared to March 5-8. The increase was even more dramatic on opening day: searches on March 15 were 630% ahead of the volume recorded on the previous Friday, March 8.
With all of the interest, though, Hudson Yards can only accommodate a total of 428 buyers or renters between its two residential towers. 15 Hudson Yards, with a mix of condominium and rental units, is open for occupancy now, while 35 Hudson Yards is expected to come on line later this year.
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