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Hudson Yards/Manhattan West update: New and improved product continues to draw from Midtown

  • ​As Hudson Yards/Manhattan West takes shape, more and more traditional Midtown tenants have committed to the new and renovated quality spaces on the far west side. The westward trend continues as two more relocations from Midtown were announced recently; business services firm EY and pharmaceuticals giant Pfizer announced their future plans to 1 Manhattan West and The Spiral, respectively. Of the westward relocations, 44 percent will be relocating from the Plaza District alone, and 92 percent of the relocations will be from Midtown (charts do not reflect pending EY and Pfizer deals).  
  • The numbers also show that it is not just TAMI tenants who are drawn to the innovative and efficient product on the west side. FIRE, legal and business services as well as pharmaceuticals firms are all making moves to Hudson Yards/Manhattan West.  
Source: JLL Research

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