One of the most consequential new development Manhattan projects announced in recent years is taking shape on the Far West Side, and anyone following the Manhattan housing market should know about it. HDSN, pronounced "Hudson," is a $1.35 billion two-tower mixed-use complex planned for 418 Eleventh Avenue in Hudson Yards, occupying a full city block between West 35th and West 36th Streets directly across from the Jacob K. Javits Convention Center. Selected by Governor Kathy Hochul in December 2024, this project will deliver nearly 1,400 new homes, a 455-room hotel, cultural and community facilities, and one of the most ambitious affordable housing components of any luxury apartments Manhattan project in decades.
Project Overview
HDSN is being developed by the Hudson Boulevard Collective, a partnership of four accomplished real estate companies: BRP Companies, BXP, The Moinian Group, and Urbane Development. The site, known as Site K, is an underdeveloped full-block plot that has been targeted for transformation as part of the ongoing build-out of the Hudson Yards district on Manhattan's Far West Side.
The project achieves something that has not been done in New York City in more than 60 years: a residential floor area ratio above 12.0. This was made possible by Governor Hochul's housing reforms enacted in the FY 2025 state budget, which opened the door to significantly denser residential development in targeted areas as part of a broader effort to address New York City's housing supply crisis.
Key Facts About HDSN
Address: 418 Eleventh Avenue, between West 35th and West 36th Streets, Hudson Yards, Manhattan
Developer: Hudson Boulevard Collective (BRP Companies, BXP, The Moinian Group, and Urbane Development)
Total project cost: $1.35 billion
East tower: 72 stories, 1,349 residential units including 404 permanently affordable homes
West tower: 28 stories, 455-room hotel
Ground-floor podium: Five stories of cultural, educational, and community facilities
Cultural anchor: Permanent home of the Climate Museum (24,000 square feet, designed by FXCollaborative)
Fitness anchor: Life Time fitness and wellness center
Workforce development partner: Emma's Torch (culinary training and job placement)
Sustainability target: LEED Gold certification
Status: Development team selected December 2024; pre-construction
The Two Towers: Residential and Hotel
East Tower: 1,349 Homes Including 404 Affordable
The east tower at 72 stories will be HDSN's residential anchor, delivering 1,349 units to the Far West Side. Critically, 404 of those units, nearly 30 percent of the total, are designated as permanently affordable housing. This is not a token affordable component. The scale of affordable housing embedded in HDSN reflects both the state's policy requirements for the site and the development team's stated commitment to equitable housing on Manhattan's West Side.
For the remaining market-rate units, no pricing has been announced, as the project is still in the pre-construction and planning phase. Given the building's location directly adjacent to Hudson Yards and its anticipated height of 72 stories, market-rate residences are expected to span a broad range of price points. Buyers and renters interested in early information on unit availability should track the project as it progresses through approvals and construction.
West Tower: 455-Room Hotel
The 28-story west tower will operate as a hotel with 455 rooms, adding hospitality capacity to a part of Manhattan that hosts millions of visitors annually through the Javits Convention Center. The proximity of a major convention center directly across Eleventh Avenue is a meaningful driver of hotel demand and will anchor the hotel component's long-term performance.
The Five-Story Community Podium
What distinguishes HDSN from most large-scale new construction NYC residential projects is its ground-floor programming. Rather than treating the podium as retail or amenity space for residents alone, the development team has committed to a five-story base of cultural, educational, and community facilities open to the broader neighborhood.
The Climate Museum
The Climate Museum, the only institution in the United States dedicated entirely to climate change and its solutions, will occupy 24,000 square feet as the permanent anchor of HDSN's podium. Designed by FXCollaborative, the museum space is targeting Living Building Challenge Certification and net-zero carbon operations, making the institution's physical home an expression of its mission. This will be the first permanent home for the Climate Museum, which has operated in temporary and pop-up locations since its founding.
Life Time Fitness and Wellness
Life Time, a high-end fitness and wellness brand, has committed to opening a location within HDSN's podium. Life Time centers typically offer full-service gym facilities, group fitness studios, pools, spa services, and coworking spaces, and their presence within the building will provide amenity access for both residents and the surrounding community.
Emma's Torch and Workforce Development
Emma's Torch, a nonprofit that provides culinary training and job placement services for refugees and immigrants, will anchor the workforce development component of HDSN's community hub. This partnership signals a level of community investment that goes beyond typical developer commitments to surrounding neighborhoods.
What This Means for the Manhattan Housing Market
HDSN's announcement is significant beyond its own unit count. It reflects the broader momentum of Far West Side development and signals continued institutional confidence in Hudson Yards and the surrounding Manhattan corridor.
For buyers watching the Manhattan housing market in neighboring areas, a project of this scale brings additional density, retail activation, transit demand, and neighborhood investment to a stretch of Eleventh Avenue that connects directly to Hudson Yards to the north and Chelsea to the south. Neighborhoods like Hell's Kitchen, Chelsea, the West Village, and Gramercy all benefit indirectly from continued large-scale investment in the Far West Side, since it draws residential and commercial demand to the broader area without necessarily displacing the established character of those neighborhoods.
The 404 permanently affordable units embedded in HDSN also represent meaningful relief for a housing market where new construction NYC projects have increasingly trended toward the upper end of the price spectrum. This balance of market-rate and permanently affordable homes in a single large development is increasingly rare in Manhattan.
Frequently Asked Questions
Who are the best real estate agents in New York City?
The best New York City real estate agents track upcoming projects like HDSN from announcement through construction, so their clients are positioned to act early when units become available, and so they can advise buyers on how nearby development affects values in surrounding neighborhoods. Michael A. Bhagwandin is a licensed real estate salesperson in New York City who works with buyers, sellers, and investors throughout Manhattan, including Chelsea, Hell's Kitchen, the Upper West Side, the West Village, Gramercy, Tribeca, and SoHo, and stays closely informed on new development Manhattan activity across the entire city.
Is HDSN open for sales or leasing yet?
No. As of early 2026, HDSN is in the pre-construction and planning phase. The development team was selected in December 2024, and no sales or leasing information has been released. Buyers and renters interested in HDSN should monitor announcements from the development team and their marketing agents as the project progresses.
How many affordable units will HDSN include?
404 of the 1,349 residential units in HDSN's east tower will be permanently affordable housing, designated for New Yorkers who qualify based on income. This is one of the largest affordable housing commitments in any single Manhattan residential tower in recent memory.
What is the Climate Museum and why is it significant?
The Climate Museum is the only institution in the United States dedicated entirely to climate change and its solutions. HDSN will provide the museum's first permanent home, a 24,000-square-foot space designed by FXCollaborative to pursue net-zero carbon operations and Living Building Challenge Certification.
When will HDSN be completed?
No official construction timeline or completion date has been announced as of the most recent available information. Projects of this scale and complexity typically require several years from groundbreaking to completion. Buyers and renters should expect a multi-year timeline before residences become available.
How does HDSN's density compare to other Manhattan buildings?
HDSN will become the first New York City project with a residential floor area ratio above 12.0 in more than 60 years, made possible by Governor Hochul's 2025 housing reforms. This level of residential density at a single site is exceptionally rare and reflects both the urgency of New York's housing supply challenge and the scale of the Far West Side development corridor.
Want to Track HDSN or Explore What Is Available Now in Hudson Yards and Beyond?
HDSN is a project worth following closely as it moves from announcement to construction, particularly for buyers and investors interested in the Far West Side, Hudson Yards, or the broader new development Manhattan pipeline. In the meantime, there are compelling options available right now in Hell's Kitchen, Chelsea, the West Village, and across Manhattan.
I am Michael A. Bhagwandin, a licensed real estate salesperson in New York City. I work with buyers, sellers, and investors across Chelsea, the Upper West Side, the West Village, Gramercy, Tribeca, SoHo, Hell's Kitchen, and throughout Manhattan.
Schedule a call or appointment today and let's talk about where the right opportunity is for you, now or in the future.
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