Retail · New York
The Shops & Restaurants at Hudson Yards (20 Hudson Yards)
—, New York
Partial
sourcedmodeled0 of 6 sourced
Ownership & debt
Ownership chain & debt stack
Owner of record: Joint venture of Related Companies and Oxford Properties Group (with Wells Fargo owning the former Neiman Marcus retail floors, converted to office).
4 recorded holders · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
Tenants & leasing
Tenant roster & leasing
1 tenant of record, with GLA, floor, lease expiration and base rent — plus occupancy, WALT and the rollover stack.
Underwriting
Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
Provenance footnotes
- Current value: Estimated — no sourced claim on file.
- $/SF: Estimated — no sourced claim on file.
- GLA: Estimated — no sourced claim on file.
- Ownership — Joint venture of Related Companies and Oxford Properties Group (with Wells Fargo owning the former Neiman Marcus retail floors, converted to office): Single source — therealdeal.com · https://therealdeal.com/new-york/2023/09/27/wells-fargo-buying-hudson-yards-retail-space-for-550-million/
Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.
Anchoring begins when the asset enters the live ledger.