Riverwalk on Roosevelt Island
Roosevelt Island, New York, NY
As the co-developers of Riverwalk on Roosevelt Island, in partnership with Related Companies, Hudson has successfully tackled the challenges of creating a “new town” at a location that has defied previous government-sponsored development efforts. Riverwalk is a planned community that, at build out, will include nine buildings and 2,000 new units of housing, a new central retail commons at the subway station and new recreational facilities for all of the island’s residents. The development team has completed the first six residential buildings, along with the new Main Street, new ball fields and retail and childcare facilities.
In taking on Riverwalk, Hudson has demonstrated an ability to successfully execute a residential development of significant scale and complexity. Hudson was designated co-developer by the Roosevelt Island Operating Corporation (RIOC), the state agency that manages Roosevelt Island, in response to a public RFQ. The planned nine buildings and related infrastructure are being carried out as a multi-phase development executed over a number of years. Hudson has dealt with a number of complex physical and governmental issues including a street mapping action, conflicting governmental authority over infrastructure on the island, rock excavation, constructing over a subway tunnel, variable sub-surface conditions, and the extension of utilities to previously un-served areas. Hudson has also successfully engaged the island’s diverse and very active residents through the extensive planning, approval and construction process.
475 Main Street (Building 1)
- Staff housing for Memorial Sloan-Kettering Cancer Center
- Approximately 210,840 square feet
- 256 units
- Completed July 2003
- Poured-in-place concrete
- Design by Gruzen Samton Architects with SLCE Architects
- Construction management by Monadnock Construction Inc.
- Financed by Key Bank
465 Main Street (Building 2)
- Staff Housing for Weill Cornell Medical College
- Approximately 149,000 square feet
- 136 units
- Completed in October 2003
- Poured-in-place concrete
- Design by Gruzen Samton Architects with SLCE Architects
- Construction management by Monadnock Construction Inc.
- Financed by Key Bank
Riverwalk Place, 455 Main Street (Building 3)
- Market-rate condominium; block of units sold to Weill Cornell Medical College
- Approximately 235,000 square feet, including 6,400 square feet of retail
- 218 total units, including 88 units sold to WCMC
- Completed March 2006
- Poured-in-place concrete
- Design by Gruzen Samton Architects with SLCE Architects
- Construction management by Monadnock Construction Inc.
- Financed by Hypo Bank
Riverwalk Landing, 425 Main Street (Building 4)
- Market-rate condominium; blocks of units sold to Memorial Sloan- Kettering Cancer Center and New York University
- Approximately 240,000 square feet, including 10,000 sq. ft. of retail
- 230 total units, including 96 units for MSK and 48 units for NYU
- Completed August 2007
- Poured-in-place concrete
- Design by Gruzen Samton Architects with SLCE Architects
- Construction management by Monadnock Construction Inc.
- Financed by PB Capital
Riverwalk Court, 415 Main Street (Building 5)
- Market-rate condominium
- Approximately 150,000 square feet
- 123 units
- Completed December 2008
- Poured-in-place concrete
- Design by Costas Kondylis & Partners LLP
- Construction management by Monadnock Construction Inc.
- Financed by PB Capital
Riverwalk Crossing, 405 Main Street (Building 6)
- Market-rate rental
- Approximately 240,000 square feet
- 242 units
- Completed December 2008
- Poured-in-place concrete
- Design by Costas Kondylis & Partners LLP
- Construction management by Monadnock Construction Inc.
- Financed by PB Capital