The Shed

553 West 30th Street | also 15 Hudson Yards, 11 Hudson Yards, 545 West 30th Street | Hudson Yards | built 2016

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Written with AI from the source each entry cites, then fact-checked.

  1. 2014

    December 4

    Construction starts on 15 Hudson Yards

    Construction on 15 Hudson Yards, a residential tower designed by Diller Scofidio + Renfro, starts on December 4, 2014. The following year it receives $850 million in construction financing, with additional funding tied to its affordable housing. The tower is part of the Hudson Yards redevelopment of the MTA's West Side Yards.

    Source: Wikipedia

  2. 2015

    September

    The tower lands $850 million in construction financing from a UK hedge fund

    In September 2015 the project obtained $850 million of construction financing from The Children's Investment Fund Management, a hedge fund based in the United Kingdom. The New York State Housing Finance Agency supplied additional funding, tied to the tower's affordable housing component.

    Source: Wikipedia

  3. 2019

    January 24

    Joel Shapiro's suspended wooden sculpture is announced for the lobby

    On January 24, 2019, the developers of Hudson Yards unveiled commissioned artworks, among them a suspended, painted wooden sculpture by Joel Shapiro for the lobby of Fifteen Hudson Yards. Shapiro said the space called for a celebratory, playful mix of color and form that would keep reconfiguring as people moved through it, and he built it from five elements with endless points of view. Diller Scofidio + Renfro designed the building in collaboration with Rockwell Group.

    Source: related.com

  4. 2019

    March 15

    15 Hudson Yards opens after topping out the previous year

    The tower tops out in February 2018 and opens on March 15, 2019, with 285 residential units. Amenities on the 50th and 51st floors include a 75-foot swimming pool, a spa and a fitness center. A rooftop terrace called the Skytop is marketed as the highest outdoor residential roof deck in New York City.

    Source: Wikipedia

  5. 2019

    April 5

    The Shed opens as a multi-arts venue

    The Shed opens on April 5, 2019, in the base of 15 Hudson Yards. It presents programs in art, performance, film, design, food and fashion, among other fields. The tower's lobby also holds a large wooden installation by sculptor Joel Shapiro.

    Source: Wikipedia

  6. 2021

    A lawsuit accuses the tower of a poor address for affordable tenants

    In 2021 prospective low-income tenants sue Related over 15 Hudson Yards. They allege the developer gave the affordable units a separate address, 553 West 30th Street, and that those tenants would not get the same amenities as market-rate residents. The suit describes this as a "poor address" and "poor floors" arrangement.

    Source: Wikipedia

  7. 2022

    August

    A federal judge dismisses the tenants' poor-door lawsuit against Related

    In August 2022 Judge Valerie Caproni of the Southern District of New York dismissed the federal claims in the lawsuit over how 15 Hudson Yards treats its affordable-housing tenants. She found that the plaintiffs had not named a similarly situated comparator who was treated better, and had not tied the different treatment to race, color or national origin, which is what the Fair Housing Act covers. Their lawyer said he would appeal and pursue the city and state claims, which were not dismissed.

    Source: commercialobserver.com

Further reading

Nearby

All 27 buildings with stories in Hudson Yards