Hudson Yards: Just a billionaire's playground?

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The largest private real estate development in U.S. history opened its doors in New York on Friday. Hudson Yards, on Manhattan's far west side, is a commercial and residential wonderland featuring some of the city's tallest buildings and most expensive restaurants and condos. Some see the project as a welcome addition to the nation's largest city. Others think its exclusive offerings mean exclusion for too many. Tony Dokoupil reports.
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Опубликовано:

15 мар 2019

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Комментарии : 1,3 тыс.

@ZybakTV 5 лет назад

You know you've made it when you can build elaborate staircases to nowhere.

@joshuab2437 5 лет назад

The whole structure is a honeycomb, the luciferian globalist elites a part of the "Hive Mind" and the pine-cone/honeycomb symbolizes that to the teeth!

@dfjr1990 5 лет назад

@@joshuab2437 wow. Damn

@kenmandu 5 лет назад

ZybakTV - does that mean in the end you're going no where anyhow? Ha ha

@westie430 5 лет назад

It's art, bro. Check out the work of MC Escher.

@ruttolomeo1987 5 лет назад

You know you won't make it in Arts when all you can come out with using that budget is a beehive-shaped staircase to nowhere.

@dododan123 5 лет назад

built on an area where it was one of the most dangerous part of Manhattan a few decades ago. New York wanted to be cleaned up, well there you go. You have it.

@utkarsh4386 5 лет назад

@Andreas Knezevic that is dumb. tax incentive means that the business pays lesser taxes to help with the cost of building the buildings. Now that the buldings are up and people are living in them and shopping in them and working in them, that generates revenue which produces even more tax revenue than before. So what you said is dumb.

@joelweiner4798 5 лет назад

@Andreas Knezevic I don't feel it's a ripoff..it's art and art isn't a ripoff.

@joelweiner4798 5 лет назад

@@utkarsh4386 That's correct Utkarsh..

@davidh6100 5 лет назад

finally, right?

@John-yg2rt 5 лет назад

@Andreas Knezevic A rip off for tax payers, yes I agree. Here's another rip off though; per their March 5, 2019 documents, the MTA brought in $2.7b from "toll revenue" but spent $9.7b between "payroll, pension, health & welfare, and overtime" -- So expenses are ~350% higher than revenue (in terms of BILLIONS of dollars) and who fronts the bill to keep them afloat? .....You do

@TheNewTravel 5 лет назад

That's pretty cool that they built it without stopping the trains

@OsirisT 4 года назад

Umm.. we already have an Eiffel tower of New York it's called the Statue of Liberty lol

@tylerkochman1007 4 года назад

Literally. Eiffel designed the reinforcement of the statue.

@MrGriff305 3 года назад

Agreed.. and the half pine cone is no world-class attraction

@EvanPoliquin 5 лет назад

Honestly, $5000 a month for a 1 bedroom there is less than I'd imagine. There's some luxury 1 bedrooms in Brooklyn that are almost as much.

@webpagesound 5 лет назад

What a steal!

@webpagesound 5 лет назад

@ItsZachTV OHIO!? Wow.

@tonylove1261 5 лет назад

Incentive to leave NY. Texas has no state or city income tax. People relocating there by the thousands. Too expensive here, has been for years.

@ghorn1217 5 лет назад

Agreed. That’s nothing new.

@ritzkola2302 5 лет назад

being from Miami I was shocked by that amount

@marquamfurniture 5 лет назад

So happy I lived in NYC when artists, writers, musicians, bohemians, secondhand stores, etc were part of the mix. SoHo, meat-packing district, The Village gave home to the creative creative people. That's all gone now. I never resented millionaires/billionaires in those days... but I do now. They've destroyed part of NYC's vitality.

@robaustin2594 5 лет назад

sad . I don't even recognize Chelsea 28 st anymore

@Bleek17Six 5 лет назад

It's sad smh

@lifeskater9899 5 лет назад

Absolutely!! Born, raised on the Lower East Side, spent my entire career there. Moved, but commuted via PATH/NJT. I'll always have fond memories of Manhattan, including the fact it was so unique, it has now turned cold. No character. No uplift.

@Bleek17Six 5 лет назад

@@lifeskater9899 I remember when L.E.S used to be a unique & colorful place smh now it's very dull with no character

@lifeskater9899 5 лет назад

@Bleek Carter - Same here. Grew up in the Smith projects-wasn't bad back then. Been hearing about how some skyscraper went up near the Manhattan Bridge on the Manhattan side, that took the place of a Pathmark. That means the nearest "supermarket's" a hike away, on Smith project grounds (unless you live in the Smith).en.wikipedia.org/wiki/One_Manhattan_Square Disgrace!

@tekkieman 5 лет назад

Just another ultra modern, anonymous edifice. Could be in new york, china or dubai... not ‘unique’ in a way of fitting in with nyc

@montgal53 5 лет назад

Exactly. I live 20 blocks from this development (on 11th Avenue). It is simply another way to make money in the long term for billionaires.

@sandmancesar 5 лет назад

lol what other kinds of buildings are there? This looks cool, nice landmark.

@montgal53 5 лет назад

@@sandmancesar I can assure you, there are no landmark buildings there. And never will be.

@piehamcake1 5 лет назад

Except its in America the greatest country on earth

@vincentfiestada 5 лет назад

Haha what would make it fit in with NYC then? Rats?

@rajat.2 5 лет назад

This guy sounds like the capitalist twin of Bernie Sanders.

@Cashes599 5 лет назад

BLAIR M Schirmer you mean the brother of McVicker?

@Aaron-cz5tz 5 лет назад

Someone has their snowflake panties all in a bunch!

@vshah1010 5 лет назад

He looks like George Burns (the actor).

@kozmickarmakoala3526 5 лет назад

R G ....Jewish archetypes in the kosher flesh. *~XD*

@riEfs85 5 лет назад

Bernie Sanders is definitely a capitalist. In my country he'd be part of the conservatives (at least in economic ideology).

@e.m.tanner179 5 лет назад

I think it's always funny when these mega-rich real estate projects are unveiled. They're praised for their architectural innovation and modern beauty, with plenty of high-end shopping and 5 star restaurants - but not a grocery store in sight! LOL More like a tourist destination, rather than an actual, realistically priced residential development. I'll bet half the apartments purchased by foreign "investors", will remain empty.

@RolDarryl 5 лет назад

E. Michael Tanner i think i read somewhere that it will have a grocery store, Fairway, inside the mall..

@marseillesvieux2987 5 лет назад

E. Michael Tanner yep they thought of a grocery store as well. No they are only empty when away on business.

@frankyflowers 5 лет назад

they have their groceries delivered

@dl5fse990 5 лет назад

Not only what Franky said, but if you’re paying what it cost to live there I’m sure you have some assistant

@frankyflowers 5 лет назад

@@dl5fse990 yeah and they pay more in taxes for the public school than the average scrub yet will not send their kids there so thats good for everyone.

@chrisvldz 5 лет назад

The Vessel, a $150 million dollar wastebasket

@julianmx13 5 лет назад

Design & more are you just gonna comment the same thing on different comments for the rest of your life buddy?

@jakecosenza69 5 лет назад

alternate names: The Pine Cone, The Shawarma Cooker

@qncsc 5 лет назад

then it is a funny wastebasket -- it doesn't it hold anything

@dianad.5312 5 лет назад

A $200 million dollar wastebasket, the news report is off by $50 million dollars. The vessel looks like a toilet.

@bendover2425 5 лет назад

Looks cool. If ya got money, why not?

@MattSezer 5 лет назад

You need to make over $200,000 a year to live in the cheapest 1 bedroom there, yet the median income for an entire household in NYC is only about $50,000. Hopefully, the increase in housing supply will cause rents to drop or at least stabilize, although that might be wishful thinking.

@isunlloaoll 5 лет назад

Wont happen until the city limits foreigners buying up the properties.

@Hallahanify 5 лет назад

Their is a massive undersuply of new housing development nationwide.

@tjti2631 5 лет назад

Look at the property tax in New York . Also look at the laws in manhattan that make it difficult to build . Doesn’t seem like that’s changing anytime soon .The rent in nyc would only get higher . Better move else where or buy

@jjames2162 5 лет назад

ARVIN that's a purely ignorant remark. Foreigners don't drive the market in NYC - get with the century already

@montgal53 5 лет назад

Number one, an increase in housing stock will only increase rents. Why? It's the location that entices developers to either raise rents. Or, rent at market rates.

@mnguyea 5 лет назад

The vessel look is only skin deep. It is a staircase to nowhere. This neighborhood is not for New Yorkers it's basically for rich people and tourists.

@zed625 5 лет назад

I mean just because they're rich doesn't mean they're not New Yorkers. I'd rather stack rich people on top of each other in concrete boxes than have them not have a nice place to live and instead start converting whole blocks of previously middle class housing into 20000 sq ft mansions

@bababooeymonkey6549 5 лет назад

@@zed625 they can and will afford both.

@stuartlee6622 5 лет назад

I'm rich. I live on Park Avenue. I'll never drag over there. Neither will everybody I know. Steve Ross would do better going back to trolling for hustlers.

@zed625 5 лет назад

@@bababooeymonkey6549 I mean we're not really talking about billionaires here we're talking about people with abnormally high income (like 500k a year), they can only afford one. Even if we consider billionaires, they tend to buy houses in different cities not multiple in one city--Bezos has a seattle home, a DC home, and a NYC home, not 5 Seattle homes

@mannyverse6158 5 лет назад

It's a parody of itself. The structure is meaningless. There is no purpose to it. It's a fake empty shell, this culture is one of the many reasons why I left ny

@chiedu90069 5 лет назад

I was there last week. Totally sterile, totally corporate. Lifeless. Great views though.

@Zerth44 5 лет назад

Yeah, typical NIMBY-speak. Yet NIMBYs love their crappy 50's-70's houses built with cheapo materials with zero architectural quality or flair located around a spaghetti network of highways. All bought on the cheap in their hippie youth, all now worth millions thanks to their NIMBY efforts to block any new "soulless" and "corporate" "overdevelopment". Basically, what NIMBYs are saying is all development should stop once they built their crappy houses on agricultural land and enveloped it in highways and strip malls. Now they're just waiting to cash in and retire in some warm country in Latin America or the Pacific, so gotta keep blocking those evil "developments" that endanger their plan. And who cares about the future generations, they're all unworthy "millennials" anyway, right?

@chiedu90069 5 лет назад

@@Zerth44 Are you mental? You're having a fight with yourself! No one said anything about killing development. I support development that takes risks, yet remains open to all with mixed-income tenants, stores and public spaces. Take a trip to London or even a subway ride to Union Square or Ground Zero in NY to see smart, democratic development. The Hudson Yards billionaires made a choice to create a cold, rich playground. I think it's intentionally sterile, and too representative of corporate culture.

@Zerth44 5 лет назад

@@chiedu90069 I lived in England for some years and I can tell you that new developments in London are being subjected to the same criticism, cold, corporate, soulless, exclusively for the rich etc. etc. I just think that this argument is overplayed and often comes across as inauthentic, either pushed by NIMBY interests to increase the value of NIMBY-owned property or by proponents of historical styles like Prince Charles who opposed modern additions to the fabric of London. Sorry if I went on a bit of a rant there. Didn't mean to target you specifically, just a wider audience. Cheers.

@OYah137 5 лет назад

Ah, that explains the 'reasonable' 5k rent.

@LegendNinja41 5 лет назад

what's up with new yorkers saying it's to clea and sterile ? do you guys actually like it dirty with rats, feces and stuff ? i'm not from the usa btw.

@chippies121 5 лет назад

So much for affordable housing, which the city desperately needs more of.

@10Exahertz 4 года назад

I mean did you really think the giant glass skyscrpaers were going to be affordable? Thats a bit ridiculous my guy. my hope is that they increase total supply for housing and reduce costs in areas like Chelsea, Greenwich, soho and others. You know where housing is decent comparably and they are actually nice places to live lol.

@hellosammy4105 4 года назад

What are you talking about lol? Since when did anyone say this was going to be affordable housing?

@jaehongsong4904 2 года назад

@@10Exahertz decent places aren't available to average individuals in any part of the world lol. If you can't afford good places, you make a compromise and settle in a lower cost area

@izdatsumcp 2 года назад

It's funny that you think you can just build something that is affordable. It's not an inherent quality of the building, like the color or the height. It depends on the supply of buildings in general and what the demand for those buildings is. Also, price isn't arbitrary. It's based, in this case, partly on supply of land. And, in Manhattan, there's not a lot of land. You can't just magic up some land and thus reduce price/make buildings more affordable. What a complete and utter silly sausage you are.

@gcg8187 2 года назад

@@izdatsumcp haha aye, you're not wrong there!

@moonpienergy7261 5 лет назад

Bunch of stairs that look like a honeycomb....congrats?

@Alex-ix6oi 5 лет назад

... to nowhere and no view.

@joelweiner4798 5 лет назад

@@Alex-ix6oi the view overlooks the Hudson River and NJ.. to nowhere? Where do you want it to go? it's a stationary staircase without animated feet.

@joelweiner4798 5 лет назад

@Design & more I hope you won't be the first to take the plunge from the Vessel as one woman did from the Empire State Building many decades ago..but her story involved love.. look it up," a beautiful death" jump from the Empire State Building.

@hijinxxxx 5 лет назад

I just can't get with that stupid vessel. NYC is quite literally the cultural capital of the world. They could've got any number of amazing artists to put something in the HY. But no. A lazy rip off of MC escher meets middle American mall culture, with a sterile corporate patina. I hope the thing gets tore down.

@tio3424 5 лет назад

Lol didn't think of that one

@adrina911 5 лет назад

Wow, New York is going to be so expensive that working class poor or middle class is not going to be able to make it there.

@Bleek17Six 5 лет назад

It's already been like that for a couple of years now it's crazy smh.

@lifeskater9899 5 лет назад

Gentrification. Downtown Brooklyn, Harlem, Ft. Green, I've heard even Bed-Sty, and other places. Slowly and quietly. Residents displaced. Areas where before people wouldn't think of moving to.

@josehenriquez3274 5 лет назад

Lol sounds like a utopia to the rich.

@davidlayne2616 4 года назад

@Jay Jay is right. This is progress.

@hellosammy4105 4 года назад

That's a good thing. It means more of the working class poor and middle class is getting rich. Rich people doesn't appear out of nowhere.

@waverunner7063 5 лет назад

$20-25 BILLION for this project? You could literally build a whole city with that.

@John-yg2rt 5 лет назад

You don't work in business do you? $20-25b isn't chump change but thats certainly not some unbelievable number. For reference, Apple's revenue for last year alone was $266b and they netted $60b

@franwex 5 лет назад

We’ll, they kinda did. It’s like a mini city inside NYC.

@waverunner7063 5 лет назад

Outside America it would be very feasible. Consider the massive skyscrapers in Dubai all built on salary of $600-800 a month of South Asian workers who works 80 hours a week.

@scottab140 5 лет назад

Yes. Wealthy people want to live in the city with the high value of life that is offered in restaurants, theater, museum, concert settings, sporting venues, commercial retail, business & employment, area to dock the mega yacht, and for the view of the city.

@waverunner7063 5 лет назад

What does Apple's revenue have to do with building construction?

@MiniM69 5 лет назад

I’ll go to gawk but as a monument to wage inequality, this is the last thing that affordable housing-starved NYC needs.

@utkarsh4386 5 лет назад

This creates more supply. More supply equals lower prices across the board.

@biplav32 5 лет назад

@@utkarsh4386 These socialists want rent controlled apartments. Even Krugman says that doesn't work.

@lcndcn 5 лет назад

Hudson Yards actually offers low income housing for over 100 of its units.

@karencalifano6132 5 лет назад

@@lcndcn Only 100 among THOUSANDS of units?? Wow, like that's really helping anyone.

@jecr8623 5 лет назад

@@biplav32 yes because affordable housing is socialism. Guess colleges should be shut down then

@TRUMP-bt3jb 5 лет назад

It's a beautiful addition to the skyline. It looks impressive. But the prices are insane.

@dl5fse990 5 лет назад

Roger Hyman I agree, it’s kinda like a museum or whatever, like what do you even do with it

@TRUMP-bt3jb 5 лет назад

@BLAIR M Schirmer That is only showing the bottom of the buildings.

@John-yg2rt 5 лет назад

Demand drives price. They'd sell like hot cakes if they were $1000/mo and they're still selling like hot cakes at $5000-$15,000/mo so theres no reason not to

@nottenhamfc2554 5 лет назад

Roger Hyman -- The prices are not insane. Anyone making $150-$200k a year will compete against each other to live there.

@kev492001 5 лет назад

I agree the prices are insane, but if you have money, and that's what you want to pay, go ahead. Its not beautiful though, nearly all modern buildings are boring and ugly, nothing as nice as the Chrysler Building or ESB.

@MetFansince 5 лет назад

It's so obvious that CBS sold out and agreed to do a puff-piece story to counteract all the bad press this project has received. A ten minute story with one sentence mentioning the tax breaks and then no push back on the developer's answer. Great job! Not exactly Murphy Brown on that one! I really liked the surprised expression on the developer's face when told how archiectual critics thought this project looked terrible. Like he didn't already know that.

@BlazeOfGlory742 5 лет назад

Murphy Brown Hahahahahaahaha

@kevinmsft 5 лет назад

In fairness... the city will probably get more money "directly" from this project than Amazon. This is because city collects more property tax, sales tax, etc.

@thinkabout288 5 лет назад

@@kevinmsft you are correct

@MetFansince 5 лет назад

@@kevinmsft this could be. Please keep me posted if you find out this is true.

@jayh40515 5 лет назад

@@kevinmsft Considering Amazon said "no thanks", the city will get 100% more money from this project than Amazon.

@mixthepasta 4 года назад

Does NY ever build affordable housing? I only see expensive which already exist in bulk

@jaehongsong4904 2 года назад

it's close to impossible in manhattan. Literally no more lands left outside of central park, and no one dares to reduce central park for affordable housing. There are plenty of lands in other boroughs far from manhattan, but nobody wants to live there, even the poors. People become super bitter when they have to live away from manhattan

@kevinbergin9971 2 года назад

@@jaehongsong4904 Well, there is going to be a Harlem Lines project in the S. Bronx I believe. High-end and Low-end.

@BH-BH 5 лет назад

Bigger than the Eiffel Tower? I think not.

@hudsonhintze 5 лет назад

It just isn't as beautiful as Eiffel

@NathanDavisVideos 5 лет назад

Can I see a side-by-side comparison of the Eiffel Tower and the Vessel at Hudson yards?

@10Exahertz 4 года назад

I thought our Eiffel Tower was either the Empire State Building or the Statue of liberty

@pawelzabicki7785 4 года назад

@@hudsonhintze But, is Eiffel Tower actually beautiful?

@rond5936 4 года назад

He said it's going to rival the Eiffel Tower. He never said it was going to be bigger than the Eiffel Tower.

@r0b0hobo 4 года назад

Getting my wife a DVD of Bird Box for Wife's Day

@john0463 4 года назад

Michelob Ultra

@MrCJNice 3 года назад

$150M for a staircase with a view? that could have built 20,000 homes for the homeless.

@johnkenny4017 3 года назад

Insane isn't it

@kennsski 5 лет назад

RIP to all the analysts having to endure underwriting this deal

@MrAlbeewon 5 лет назад

its a 8 minute walk from my apartment. I went to visit the site this weekend and I was surprised to see just how bad the courtyard was by the vessel. They had installed strips of stone and they weren't even level and in dozens and dozens of areas they created tripping hazard because the strips were shifting. The stones in the courtyard have to be the simplest operation in the whole project and if that was installed improperly, I wonder how bad it is behind the facade. For the billions they spent, I've seen tons of imperfections throughout the complex, from panels not lined up correctly or with dents to chipped stones. Only two things impressed me and that was the sheer size of the complex and that these luxury retailers moved in. There were tons of people in the mall but no one in the stores since all of them, except a few like uniqlo and h&m, are beyond the budget of normal people.

@carbonchain 5 лет назад

1) Premium housing supply has already outstripped demand in Manhattan. Condo prices has gone down and projected to keep going down throughout 2019. 2) Introducing high end accommodation and office space towards the tail end of a market cycle 3) I work nearby, there's no restaurants/nightlife/indie stores nearby. Maybe this will come with time, but I wouldn't want to move in yet. For the sake of NYC, I hope this project succeeds but definitely lots of headwind in the next half decade.

@SLUGTHUG 5 лет назад

Another tax evading criminal.

@JorgeOrpinel 5 лет назад

A staircase to nowhere. The perfect analogy for the corrupt real estate bubble. Whoever designed got paid to protest their client's unlimited greed.

@MrGriff305 3 года назад

blah blah blah meaningless angry words 🤣 It's just a lookout platform and a piece of art to add some interest. People are so bitter and angry for no reason.

@stevenmaginnis1965 3 года назад

Everything there is so damn ugly!

@MrGriff305 3 года назад

@@stevenmaginnis1965 Especially you and your outlook on life.

@zunedog31 3 года назад

It is a staircase to an overlook platform. Are you of the opinion that all staircases lead nowhere? They all eventually go back down to where you came.

@user-hu3iy9gz5j 2 года назад

It's a cool sculpture, but the views would probably be limited

@cravisbouyin4864 5 лет назад

What a spectacular building that has the subway running through? Spectacular view. Live life longer.

@kntwing23 5 лет назад

my bro drove by few weeks ago...those places are big...those stairs cases looks awesome... $5,000 to a month just to live there..no thanks..

@karencalifano6132 5 лет назад

The rentals START at $5,000 a month, lol. For a 1 bedroom apt. Larger apts. probably run to over $10,000 a month rent.

@ryanharrington6389 5 лет назад

No way its only 5k a month. My mortgage is 5k a month and my place isn't 30 million.

@karencalifano6132 5 лет назад

@@ryanharrington6389 Well, that's what it says on their website. Probably $5K for a studio, lol.

@robertpreston2220 5 лет назад

Building over active commuter trains was done in Chicago many years ago and is still done there more and more

@KyleLi 5 лет назад

Thats weird, literally just went to the L'oreal offices there a few weeks ago

@Ric419 5 лет назад

A neighborhood for elitists, invested by an elitist, who definately didn't need a tax subsidy.

@optimus5306 5 лет назад

To build something like that, ur gonna need a tax subsidy

@John-yg2rt 5 лет назад

Which then houses hundreds or thousands of extremely wealthy people who then pay *way* more tax into the system than you do

@bauernkind8595 5 лет назад

Make Hudson Yards an City intern Tax oasis (like Monaco), and the buildings will fill up quickly. 😉

@darellarocho5729 5 лет назад

@@John-yg2rt Lmao, thank you.

@ugotserved911 5 лет назад

Without the tax subsidy they would take this somewhere else where they would get a tax subsidy. And take the hundreds of jobs this creates along with them. The tax subsidy is just a lure for these investors. Govt knows it’s creates jobs. It creates footraffic which creates business which in turns creates profits which in turns makes ppl pay more taxes for the things they buy. The govt makes back the tax subsidy in taxes lol.

@wesleymills560 4 года назад

Oh this is why they didn’t want a football stadium there. Affordable housing.

@joseph2705 5 лет назад

The vessel is so basic. It does not inspire any emotion and it looks unfinished.

@alfredhitchcock45 5 лет назад

It's supposed to look unfinished

@visionist7 5 лет назад

They should have had high glass walls instead of low railings. Much safer and would still give a sense of thrilling vertigo if the glass cants outwards and starts from the floor, without railings. I'm dreading the first suicide report from this structure :-(

@NathanDavisVideos 5 лет назад

@@visionist7 Yeah I'm worried about that too...

@m.w.6526 4 года назад

Classic post-modern architecture. It means nothing.

@davidf5449 5 лет назад

I worked on this project an will be given the side eye most likely when I walk thru the area lol

@ThomasJr 4 года назад

wow, it's not any novelty that people who help build things are not always welcome in them

@BManStan1991 5 лет назад

The architecture is undoubtedly beautiful, and really does add to the city skyline, but those price tags. Ouch.

@xBITCHESxHATExMEx 5 лет назад

Damn, New York. Y'all used to be tough and gritty. Something the rest of the world used to look up to. Now, NYC, and the Hudson Yards project in particular, is a symbol of American greed. Y'all gotta do better...

@dankhank8569 5 лет назад

xDexter'sFinestx Even though the ideas and symbols of corporate greed were alive before in New York City, at least everything looked gritty and cool.

@newyork6480 5 лет назад

Just because a project is being built for the wealthy the first assumption you make is greed?

@NPCorangebad 5 лет назад

@@newyork6480 wooosh

@NathanDavisVideos 5 лет назад

@@newyork6480 Well sometimes or actually most often that is kinda true. It's like they're trying to push the lower or even middle-class outta existence and force them to live on the streets, basically becoming homeless!

@NathanDavisVideos 5 лет назад

@@newyork6480 TBH... I don't even know if there IS EVEN a middle-class anymore!

@malthepalte6224 5 лет назад

5:57 can someone please tell me how he made that sund with his lips

@abcdLeeXY 5 лет назад

Can always make NYC more congested for everyday New Yorkers. Thanks mayor de blasio!

@hellosammy4105 4 года назад

Part of this project is to add 7 trains and extending the subway line. You can thank the developer I guess.

@LeonardoDeVinci1452 5 лет назад

It is funny how wealthy people try a justify tax breaks. While middle and working class family gets stuck paying the bills. Why would an incentive to build in NY? Housing is already at a premium there. Whatever you build they will buy.

@DeyonSingh 5 лет назад

I wonder how they got rich? Some where along the line they worked hard for it, if not them then their parents did. Most of these people put their money on the line and run a risk of losing it all. Why do they deserve tax breaks? This project employed thousands of people to build and will take a few thousand more to manage and keep its facilitates running on what use to be unused land. As a working class New Yorker I see people getting employed and I'm ok with it.

@JonnyRicter 5 лет назад

You don't have the capacity to understand what you're talking about.

@dobattlers 5 лет назад

Go create value and become wealthy yourself. Dont complain about the system or rules, use them to your advantage. Such a losers, fixed mentality

@LeonardoDeVinci1452 5 лет назад

@@dobattlersNo I am okay with what I have

@be4unvme 5 лет назад

@@dobattlers because we all need to pay the fair share. its not loser mentality its just being concerned about the countrys finances

@Ryansssssssssssss 5 лет назад

The market will reach it?! So the prices can go higher 😂😂

@NathanDavisVideos 5 лет назад

HUH UMM WHAT?!?!?!

@JohnLee-fr6pi 5 лет назад

$5k/mo is not that bad for a new luxury 1 bedroom apt in nyc

@Taesian 5 лет назад

If Mr. Stephen M. Ross spent this much effort on the Miami Dolphins....... They might win 10 games.

@allensaunders449 5 лет назад

Better if this was more of a mixxed income area

@JenJHayden 5 лет назад

mix of what? expensive and more expensive. this is new york.

@smartart3097 5 лет назад

That doesn't exist south of 110th St in Manhattan

@kendalson7817 5 лет назад

A drab suburban office park. On steroids. With tons of tax breaks. Blah.

@Zerth44 5 лет назад

Yeah, suburban office park but in Midtown Manhattan. Suburban office park but not an office park but a mixed-use development combining office, residential and retail. And not really an office park but a dense urban development consisting mostly of skyscrapers with walkable ground level area. Basically, you make no sense.

@nwgwa8ybwahwa610 5 лет назад

Do you even know what a suburb is? lol

@kendalson7817 5 лет назад

@@nwgwa8ybwahwa610 do you people understand what irony and nuance mean? Not that complex...

@nwgwa8ybwahwa610 5 лет назад

If what you said was supposed to be ironic than I guess not

@cristianhernandez1045 4 года назад

Love the architecture and the design.

@mkchomponthis 5 лет назад

definitely some great marble skate spots here for sure

@telephilia 5 лет назад

I no longer want to live in one of these cities.

@Cacowninja 4 года назад

Are you stuck in New York?

@ashleighadams1842 5 лет назад

This is a monument to the fact that we need to raise taxes on the rich A LOT.

@ajgerbi 3 года назад

Taxation is theft.

@ashleighadams1842 3 года назад

@@ajgerbi Only if you never use roads, bridges, schools, mail, libraries, social security, Medicare, safe food, safe housing, etc etc etc…

@rajashashankgutta4334 2 года назад

@@ashleighadams1842 instead those who directly use them must pay taxes.

@nilssmith-yt 5 лет назад

Excited to see the vessel! No way I’m walking on the glass floor 😀

@AmazingJayB51 5 лет назад

Similar thing is happening in Philadelphia, in the University City area. The former site of University City HighSchool.

@alfredvinciguerra532 5 лет назад

My hometown never sleeps, awesome best in the world.

@m.w.6526 4 года назад

Alfred Vinciguerra those billionaires don’t care about you, fyi

@timaebi7540 4 года назад

The reason why so many people here dont understand basic economics is why new york is so expensive

@warichards1 4 года назад

Gone are the gritty , personality driven days of NYC... when neighborhoods had character and identity and authenticity. Now Lower Manhattan looks like one damn giant space station.🤷🏾‍♂️

@crosscounty24 4 года назад

Lol those days are long gone .

@SpaghettiKillah 4 года назад

Now that the billionaires own NY, kinda' makes you miss the days when the 5 mob families ran the city 😂😂

@djoldsoulkid3407 4 года назад

IKR

@Master-kh6ww 4 года назад

After hearing that I’m glad New York is a place for rich people

@JC-rl6ln 3 года назад

I'd rather have the billionaires run NY than the corrupt government. Private developers can build city infrastructure far better than the NYC bureaucracy.

@jerrygil1965 3 года назад

Nope

@midsizesedan7620 5 лет назад

"Make sure your friends succeed in life so you can depend on their money" unknown

@theoducati 5 лет назад

Just ruins my walking in high line. No personality, no green at all.

@nofood1 5 лет назад

Yea they definitely need to plant some trees there, now for the summer.

@rnsone 5 лет назад

Only transplants, tourists, hipsters, 1%'s, enjoy walking the highline. You and Hudson yards is exactly what's f**king up New York.

@HerreDePerre 5 лет назад

NOFOOD? Thats the reason Central Park exists

@NathanDavisVideos 5 лет назад

I mean I'm pretty sure the only place I will go there for is the mall because, well; I'm a bit of a retail nut.

@hellosammy4105 4 года назад

Go to central park or get a bonsai.

@ayushkurkure8625 3 года назад

1:45 can anybody tell what is that cup like building

@JElNative 5 лет назад

Wasn't this the spot that the jet's wanted their new stadium built years ago?

@516throwapot 5 лет назад

play ground for the rich plain and simple, and a few trinkets for the poor

@lalitSharma-vh7jl 5 лет назад

So what do you want Not to develop this project????

@TJ_LIFESTYLE02 5 лет назад

It ain't the projects and usually the poor bring crime to the area fyi

@melroze 5 лет назад

Did you really this someone was going to build that for the poor and lose money on it?

@visionist7 5 лет назад

Should have built Zeckendorf's airport here instead

@burtonl7239 5 лет назад

What, pray tell, would the poor wanna do with a playground? Just another place to shoot up drugs?

@LazlosPlane 5 лет назад

Robert Moses is dancing in his grave.

@jeffreythomson8068 5 лет назад

Should have built the Brooklyn Battery Bridge.

@visionist7 5 лет назад

@@jeffreythomson8068 I agree although Battery Park would have been essentially ruined. Still it would rival San Francisco's Bay Bridge for sheer cojones

@louky264 5 лет назад

He tried but longtime rival, and president FDR directly stopped moses from building the battery bridge by having the navy deny permits, forcing the tunnel instead

@diegodarocha03 5 лет назад

Beautiful 😍😍

@peteradaniel 5 лет назад

What a balanced report and a brilliant discussion. I can always trust CBS news to ensure both sides of a story is presented honestly and equally.

@newjerseylion4804 4 года назад

Something tell me this just a waste of space. Most those apartments are going to be empty. Foreign investor are going it them and leave them empty.

@montgal53 5 лет назад

I laughed out loud when the interviewer asked about prices coming down. That's like asking will elephants ever fit into an elevator. The purpose for projects like this, especially in Manhattan, is built expensive toys (e.g., $1,000 for a watch in one of the stores) and homes for the wealthy for the long term it is established as a wealthy enclave (e.g., Park Avenue).

@notreal3164 5 лет назад

Trickle down economics bro. OmegaLUL

@cowser67 2 года назад

I visited this last past summer and was amazed

@rollzolo 4 года назад

Worked on the LIRR storage yard in 83-84. MTV across the street. Hi Martha Quinn.

@telephilia 5 лет назад

An MC Escher gilded staircase to nowhere, an apt metaphor for much of urban life today.

@jessicalt4121 5 лет назад

William Perry very well said!!

@peterprimes497 5 лет назад

1000 dollar watch is poverty spec when it comes to high earners

@kevinbergin9971 2 года назад

Well it's the kind with a cloth wrist ban.

@jonoghue 3 года назад

NYC is amazing. Millions of people who need 3 roommates to afford their tiny apartment because rent is too damn high, meanwhile they're getting tax incentives to build a $150 million staircase that goes nowhere. This is the realization of "If I were a rich man" from Fiddler on the Roof: "There would be one long staircase just going up, And one even longer coming down, And one more leading nowhere, just for show."

@originalgameronline3457 5 лет назад

Soooooo I click on the video, and the first building I see is the Stark Tower?? Good one CBS, good one.

@coryddp7254 5 лет назад

No one cuts you a check besides the residence of New York for the tax break. I guess it's worth it because after all they do have those stairs that they can utilize for free.

@jimmefz3328 5 лет назад

morons like you talk about tax breaks and have no clue. would you rather have 80% of something or 100% or nothing?

@TheFever77 5 лет назад

I guess it's like Canary Wharf in the UK.

@chillwin9831 4 года назад

Exactly only canary wharf is surrounded by ghetoo

@bgimusic 4 года назад

wowww that shiny brown color is so nice!!

@willsomerville7493 5 лет назад

Amazing experience there today. The food was decently priced to !

@jaggedxtreme7085 5 лет назад

$25 billion. If he/they really cared about New York, and it’s people, that money would have been better used for upgrading areas all around the city that needs improvements.

@riankashyap1996 5 лет назад

Why don't you master necessary market skills and become an investor and put in $25 B into NYC metro and nearby infrastructure ?? #fucksocialism

@aharonaryeh4049 5 лет назад

This comment screams sanctimoniousness. Get over yourself.

@burtonl7239 5 лет назад

LOL. Why would he do that? He's a developer. His business is to build properties and sell them. His business is not "Caring about New York and its people." Why don't you start a business on that premise and see how long you last?

@kevinbergin9971 2 года назад

@@riankashyap1996 He didn't actually "put" $25 billion into NYC however.

@ruzzelladrian907 4 года назад

I've only been in America for a few months, and what I like it here, especially New York City is that even though I don't have that much money, you'll never be bored here if you just visit the nice places around for free. That's something the mainstream media doesn't cover anymore. From my personal experience, I only had $5.50 in my MetroCard, and I was able to explore Manhattan's almost unlimited places. I live in Elmhurst Queens. It's so nice to live in such close proximity to such an exciting city where people from all over the World travel just to see Manhattan. "Too flat. Too clean." That's the private sector. Pathetic Pulitzer Prize winner.

@hostilepancakes 5 лет назад

That penthouse is still cheaper than 432 Park Avenue and most of the rest of Billionaire's Row along 57th and 59th Streets. Midtown West as a whole is becoming a very large employment hub, even compared to Midtown East. Hudson Yards will provide leasing space for employers, so that's one benefit. The 7 train extension was actually built with private money, with only chump change (

@garethbattersby 5 лет назад

I recently stumbled across this on a visit to New York last month, didn't know what it was. But remember thinking "Is that finished or is that just a bunch of staircases to nowhere? What's the point?"

@frankvanderzijden8524 5 лет назад

Why do American skyscrapers look so boring most of the time

@newyork6480 5 лет назад

Frank van der Zijden You’re out of mind. Look at the freaking shape of these Hudson yard skyscrapers it’s far from boring.

@kendalson7817 5 лет назад

They tend to be built on low budgets. "Let's get this done as cheap as possible." Leads to dull glass and metal buildings.

@visionist7 5 лет назад

"Value Engineering"

@chunyanhu3867 5 лет назад

@@newyork6480 these specific ones are definitely boring. NYC mimicking the likes of Shanghai and Shenzhen, and mostly failing at it. Who would have thought.

@lamichael8659 5 лет назад

Look in google earth at Hudson yards in close up. It has more detail than you might think. Also the best skyscrapers in the world are the epic art deco ones in america

@Mathin3D 5 лет назад

Regardless, we all hope the best for NYC!

@audste-9547 5 лет назад

Can’t wait to move there

@CHMichael 3 года назад

How are the restaurants doing in 2020?

@deliverancetwo 5 лет назад

No one builds for the mid class anymore. Its a shame

@jeromec7595 4 года назад

tricia shelby 🗣🗣🗣🗣🗣🗣

@hellosammy4105 4 года назад

In NYC? It's the mid class own fault. There is so much regulation and rent control that building for them is more trouble than it's worth. You choke the real estate industry and you expect them to hang around? Nah, they move on to other prospects.

@stype8468 4 года назад

The rich pay well. It's just business. But how about you? How you doing 😘

@Pokota3 5 лет назад

His attitude that the rents will continue to increase is just unrealistic, it's a boondoggle for sure.

@user-if4df7lk1z 5 лет назад

It did used to be a dead zone in that area. But as they build more luxury buildings, is it allowing housing prices to come down in older buildings?

@sekytwo 4 года назад

Instead of saying I cant ever afford that, you should say, what can I do, so I can afford it.

@ImGavinLandry 5 лет назад

Wish that money went to the subway

@petecheng1 5 лет назад

that stairs is a $150 Million structure?

@watersplash2221 5 лет назад

srthellcat707 The project is 25 billion not the staircase

@ibrahimismail3864 4 года назад

Networker: we build this Dubai: hold my ☕️

@baatile 4 года назад

That staircase is kinda wavy, I’d love to take a pic there 🤣🤣🤣

@stype8468 4 года назад

We should go sometime 😘

@stuartlee6622 5 лет назад

Nobody will shlepp way over there! Think of the Stupid South Street Seaport.

@agneslaufer9579 5 лет назад

The object obstruct the view from Weehawken,NJ. The beauty of Empire State Building is hard to see.

@TheCrankaintdead 5 лет назад

How on Earth did they managed to lay down foundation for those skyscrapers above an active railway route???

@transitdude3352 3 года назад

The guy from Star Trek would call that giant stair master....”WESSEL”.

@Phlegethon 5 лет назад

Why didn't they build a new train station there instead of shoving people into Penn Station

@abimelekharlemyahudah4thtribe 5 лет назад

The 7 train is there and it is new

@PatrickPierceBateman 5 лет назад

"The Vessel" is a monument to pretentiousness. The "artists" who designed this place have no talent whatsoever. None.

@NathanDavisVideos 5 лет назад

Yeah I'm not really into this whole "Vessel" thingy either... TBH I would have rather have something that looked like the "CN Tower" instead of this Honeycomb postmodern sculpture! Of course NYC probably won't do that because "apparently" they made a law that no other building or even sculpture alike is allowed to surpass 1WTC; and also they probably claim it is illegal to build a building or tower like that today in the states.

@NathanDavisVideos 5 лет назад

I just wonder how long is it before someone decides to go to the top of it, jump-off and commit suicide--I mean "take his or her own life!"

@abhijeetrajpurohit5965 5 лет назад

You're just jealous because nobody lives in the American Gardens building anymore, Bateman.

@hellosammy4105 4 года назад

All artists are pretentious. Still, there is a difference between those whose works are paid to be out there and those who can't make it and whines about other artists on youtube. LOL.