TIshman Speyer Files for $3.2B Hudson Yards Office Tower

Tishman Speyer expects to pay $3.2 billion to construct its 2.6 million-square-foot office tower in the Hudson Yards, according to an application filed with the New York City Industrial Development Agency. Construction on the building will begin in late 2015 and should finish in 2019. Once completed, the building will stand at 61 stories and include 57,000 square feet of retail space. Tishman would be on the receiving end of a 25-year exemption of property taxes worth about  $170 million from the IDA. [TRD]

Progress Report on 605 West 42nd Street

Moinian’s apartment building at 605 West 42nd Street is coming along nicely. As the framework for the 656-foot tall building continues to rise, the glassware for its exterior is being placed. Set to be completed in 2015, Moinian’s 60-story building will be NYC’s largest apartment building with 1,189 units. [newyorkyimby]

Silverstein Seeks Zoning Changes

Larry Silverstein has big plans for his latest tower at 520 West 41st Street. The 106-story tower, once completed, will set New York City records for having the most floors and units. These plans, however, are hampered by current zoning rules in the area. Since the building will be located within the Hudson Yards District, current rules allow for about half the residential units that Silverstein wants to build. [TRD]