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Hudson Square Evolves Past Being a ‘No Man’s Land’

September 21, 2022 by Jeremy Lindy in Real Estate

The neighborhood in NYC that was once called the printing district has undergone somewhat of a transformation in recent years thanks to a surge in new property developments. The fact that many NYC residents have no clue where (or what) Hudson Square is, is bound to change when thousands of Disney ABC and Google employees start flocking to the area over the next few years. The community, which measures 33-square-blocks, will be home to Google’s new global business headquarters and will also welcome Disney ABC to Four Hudson Square in 2024. In addition to this, it is also prepared for anyone who wants to take up residence in the Square with two more residential buildings currently being developed.

A Plan is in Place

The Business Improvement District recently drew up a decade-long plan that will involve the widening of sidewalks, installing benches, planting trees, and creating dedicated bike lanes for cyclists. Construction workers have already demolished a number of structures that obstructed the view of the beautiful Hudson River Park. A passageway from Washington to West Streets has also been constructed to provide residents with fuss-free access to the park. Several plots of land also had to be cleared in order to make space for the new developments. Luckily, finding a reputable brush removal service in New York to help clear plots for future property developments is not a difficult feat and construction commenced without delay.

Get a Bit More Bang for your Buck

The new Hudson Square developments are attracting a lot of new feet to the district. Another big drawcard is the housing prices that are slightly lower than in SoHo, the West Village, and TriBeCa. Despite a slightly lower price tag, Hudson Square properties Towards the end of August this year approximately 50 houses were listed as for sale on StreetEasy. Nearly 80% of the listed properties were condos with the cheapest carrying a price tag of $639,000. It boasted an enclosed courtyard, a live-in resident property manager, and a full-time doorman. On the opposite side of the spectrum was a four-bedroom, five-bathroom condo located on Broome Street. The $20.95 million building was designed by Renzo Piano and also features a fitness center and 55-foot pool.

The Atmosphere is Enthralling

Hudson Square’s vibrant atmosphere and rich cultural heritage help increase its appeal to residents, visitors, and property developers alike. Some of the cultural attractions in the Square include the New York City Fire Museum, the Children’s Museum of the Arts, and the Jackie Robinson Museum which honors the legacy of the baseball legend. There is no shortage of restaurants, bistros, coffee shops, pubs, and delis in Hudson Square either with a few promising developments in the pipeline for the next 24 months. One of the most popular eateries is undoubtedly the Ear Inn which first opened its doors back in 1817. The iconic building was originally constructed for James Brown who was George Washington’s Black aide during the revolutionary war.

Hudson Square may have had very humble beginnings but it is rapidly transforming into a sought-after district thanks to a number of new developments. By the time the major developments are completed by 2024, it will likely be one of the most esteemed areas in Manhattan.

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September 21, 2022 /Jeremy Lindy
New York Real Estate, Hudson Square
Real Estate
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