--- title: "Hudson Yards, New York — Class A submarket" description: "The largest private real-estate development in US history." canonical: https://classa.info/cities/new-york/hudson-yards pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Hudson Yards is a trophy-tier Class A submarket of New York with average asking rent around $130/sqft/yr. ## TL;DR - 50,000+ sqft floor plates available in single contiguous blocks. - All assets target LEED Gold or higher. - Direct 7-line subway, ferry, and No. 7 walking-distance access to Penn Station. # Hudson Yards, New York — Class A submarket *The largest private real-estate development in US history.* · Tier: trophy · Avg rent: $130/sqft/yr ## TL;DR - 50,000+ sqft floor plates available in single contiguous blocks. - All assets target [leed](/topics/esg-leed-tenants)">LEED Gold or higher. - Direct 7-line subway, ferry, and No. 7 walking-distance access to Penn Station. ## Overview Hudson Yards re-mapped the Far West Side in less than a decade. The development cluster — 10, 30, 50, 55 Hudson Yards plus the Manhattan West towers — set new standards for floor plates, [amenitisation](/glossary/amenitisation), and ESG performance. Anchor tenants include BlackRock, KKR, WarnerMedia, Meta, and Wells Fargo. ## Tenant profile Asset managers, technology platforms, global banking, top-tier law and consulting. ## Typical specification 30-50,000 sqft floor plates, column-free design, 10'+ slab-to-slab in trophy assets, advanced MEP, terraces. ## Transit 7 line at 34th-Hudson Yards; 10-minute walk to Penn Station for Amtrak, NJ Transit, LIRR. Penn Station access drives strong inbound flow from New Jersey and Long Island. ## Amenities The Shed, Vessel, Hudson Yards retail (Equinox, Neiman Marcus), Hudson River waterfront. On-site hotel, conference center, and amenity floors at most assets. ## Comparable buildings - **Hudson Yards 50** [](https://www.google.com/maps/search/?api=1&query=Hudson%20Yards%2050%2C%2050%20Hudson%20Yards%2C%20Hudson%20Yards%2C%20New%20York%2C%20United%20States&query_place_id=ChIJGYhIg7NZwokREDF4GI8ycYE) - **Hudson Yards 30** [](https://www.google.com/maps/search/?api=1&query=Hudson%20Yards%2030%2C%2030%20Hudson%20Yards%2C%20Hudson%20Yards%2C%20New%20York%2C%20United%20States&query_place_id=ChIJiT4EtSBZwokRIHutioOT2fs) - **One Manhattan West** [](https://www.google.com/maps/search/?api=1&query=One%20Manhattan%20West%2C%20401%209th%20Avenue%2C%20Hudson%20Yards%2C%20New%20York%2C%20United%20States&query_place_id=ChIJ92qz07NZwokRVcad--Hatdo) ## Where Hudson Yards sits in New York Hudson Yards is one of 7 [Class A](/glossary/class-a) submarkets we cover in New York, classified as [trophy tier](/topics/trophy-asset-selection) with an average asking rent around $130/sqft/yr. Compared with the broader New York Class A stock, Hudson Yards typically attracts Asset managers, technology platforms, global banking, top-tier law and consulting and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation. Adjacent submarkets to study alongside Hudson Yards: [Midtown](/cities/new-york/midtown), [Midtown South](/cities/new-york/midtown-south), [Financial District](/cities/new-york/financial-district), [SoHo & Tribeca](/cities/new-york/soho-tribeca). The full New York submarket atlas is at [/cities/new-york](/cities/new-york). ## Topic deep-dives for Hudson Yards For an institutional Class A occupier evaluating Hudson Yards, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Hudson Yards — ](/cities/new-york/hudson-yards/rents-and-availability) - [Hudson Yards — ](/cities/new-york/hudson-yards/tenant-profile) - [Hudson Yards — ](/cities/new-york/hudson-yards/transit-and-commute) - [Hudson Yards — ](/cities/new-york/hudson-yards/amenity-and-lifestyle) - [Hudson Yards — ](/cities/new-york/hudson-yards/trophy-and-comparables) - [Hudson Yards — ](/cities/new-york/hudson-yards/fit-out-and-spec) ## Related glossary Terminology specific to New York Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Frequently asked questions ****How does Hudson Yards rent compare to Park Avenue?**** : Asking rents are broadly comparable on the trophy tier, with Hudson Yards offering significantly larger contiguous blocks and Park Avenue offering more brand prestige and shorter Midtown commutes. ## Editorial provenance Reviewed by [**Miriam Hollander**](/about/authors/miriam-hollander) — Lead market analyst. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/new-york/hudson-yards), updated 2026-04-15T00:00:00.000Z.