Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

Former Deputy Mayor Dan Doctoroff Moving Tech Firms to Hudson Yards Tower

By Maya Rajamani | January 28, 2016 12:02pm
 Sidewalk Labs and Intersection will join tenants like Coach and L'Oreal at 10 Hudson Yards.
Sidewalk Labs and Intersection will join tenants like Coach and L'Oreal at 10 Hudson Yards.
View Full Caption
DNAinfo/Gwynne Hogan

MANHATTAN — The man who coined the name “Hudson Yards” is moving his tech firm into a new commercial tower in the rising neighborhood.

Dan Doctoroff — who served as deputy mayor for economic development and rebuilding under former mayor Michael Bloomberg, as well as CEO and president of Bloomberg L.P. until 2014 — will relocate his tech firm to the far West Side site, developers said Wednesday.

Sidewalk Labs — which Doctoroff launched alongside Google in June — will relocate to the high-rise at 10 Hudson Yards, at 40th Street and 10th Avenue. 

Intersection, a media-centric tech firm chaired by Doctoroff and partly owned by Sidewalk Labs, will also move to the 52-story, 895-foot tower.

The two firms will lease more than 67,000 square feet of the tower, developers said.

“As a leading data-driven, connected neighborhood, Hudson Yards is the perfect fit for us,” Doctoroff said in a statement.

“The effort to turn this neighborhood into an engine of growth for New York City has been a personal mission for me for 20 years and it is very exciting to see that dream becoming a reality,” he added.

As deputy mayor, Doctoroff spearheaded the push to bring the 2012 Summer Olympics to New York City by building a football stadium on the West Side.

State officials quashed the plan, but his efforts set the development of the Hudson Yards in motion, the New York Times reported.

The building at 10 Hudson Yards — which has already secured high-profile tenants like Coach Inc., L’Oreal, Vayner Media and the Boston Consulting Group — is slated to open in March.

In October, developers The Related Companies and Oxford Properties celebrated a “critical milestone” in the building’s construction, which began in December 2012, by hoisting a symbolic bucket of concrete to the building’s top floor.

The 1.8 million-square-foot tower will join two other towers, as well as shops, restaurants, a school and other developments in the Hudson Yards site. It marks the “largest private real estate development in the history of the United States,” the development’s website said.