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Time Warner Center celebrates fifth anniversary as a social and cultural destination For New York City

- Over 80 million visitors- home to half of NYC’s Michelin 3-star restaurants - first performing arts center built specifically for the sound of jazz - New York City’s only mobile five-star spa, the spa at Mandarin Oriental, New York

Today, Time Warner Center, Manhattan’s premiere shopping, dining, and entertainment destination located on Columbus Circle and co-developed by Related Companies, celebrates its fifth anniversary. A unique combination of world class restaurants, shops, entertainment and culture all under one roof and unprecedented in New York City, Time Warner Center is comprised of The Shops at Columbus Circle, The Restaurant and Bar Collection, Mandarin Oriental, New York, Jazz at Lincoln Center, One Central Park condominiums, The Residences at Mandarin Oriental and the Time Warner World Headquarters.

Since its opening, Time Warner Center has welcomed over 16 million guests annually from around the world, providing a dynamic array of round-the-clock experiences, as well as serving as a marquee venue for celebrity-studded galas and special events.

“Our vision for Time Warner Center was to not only build an iconic building, but be a catalyst for the revitalization of the entire neighborhood, where the Center was interwoven into the very fabric of everyday, New York life,” said Stephen Ross, Chairman and CEO of Related Companies. “It is with great pride that we celebrate this milestone anniversary and the dynamic, bustling city-center that has had such a profound, positive impact on Columbus Circle.”

“Part of our success is due to the fact that guests can continually create new experiences at Time Warner Center. Whether it’s a day of leisure or a night on the town, our myriad of activities can be mixed and matched to provide endless opportunities of fun,” said Kenneth A. Himmel, President and CEO of Related Urban, the mixed-use division of Related Companies. “We look forward to providing even more exciting, New York City experiences to our visitors from across the globe."

In celebration of this anniversary, Time Warner Center will be offering special shopping, dining and entertainment engagements throughout the year as thanks to its loyal patrons. For updates, log onto www.shopsatcolumbuscircle.com . Highlights of Time Warner Center’s five year tenure include:

 

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About The Shops at Columbus Circle: The Shops at Columbus Circle, occupying the first four floors of Time Warner Center, is a contemporary shopping destination offering an experience unmatched in New York City. With over 40 shops, including True Religion, Sephora, BOSS Hugo Boss, Wolford, Montmartre, and Eileen Fischer, The Shops at Columbus Circle reflect a razor-sharp focus of the American style scene. The Shops also include a flagship Whole Foods Market, one of the most popular stores of its Company worldwide, and a flagship Equinox Fitness Center, which includes the elite E Club, an exclusive, members-only fitness facility providing unparalleled services and amenities. www.shopsatcolumbuscircle.com

About The Restaurant and Bar Collection: The handcrafted Restaurant and Bar Collection at Time Warner Center boasts award-wining establishments from the likes of Chefs Thomas Keller, Masa Takayama, Michael Lomonaco and Marc Murphy, as well as Master Sommelier Andrew Bradbury and entrepreneur Rande Gerber. Per Se and Masa have been awarded three-stars by the 2009 Michelin Guide, two of only four restaurants in New York City to receive this coveted ranking. Masa, the eponymous omakase purveyor, is the first Japanese restaurant in the U.S. to receive three Michelin stars. In addition, Per Se is ranked first for Food and Service by the 2009 Zagat Guide. Master Sommelier Bradbury’s Clo, a unique and high design wine bar , was one of the most recent additions to the Center and features a one-of-a-kind multi-user, multi-sensor projector menu on the bar, providing a futuristic experience for patrons to digitally explore more than 100 wines.

This June, the Collection will welcome A Voce, a contemporary Italian eatery, helmed by Executive Chef Missy Robbins. www.circleoftaste.com Mandarin Oriental, New York: Mandarin Oriental, New York is a sophisticated blend of modern design with stylish Oriental flair, featuring 248 elegant guestrooms and suites — all with breathtaking views of Manhattan. A recipient of both the Mobil Travel Guide's Five Stars and AAA Five Diamonds, Mandarin Oriental, New York is home to The Spa at Mandarin Oriental, MObar and the Lobby Lounge, a chic and stylish cocktail lounge with 35th floor views of Central Park. The hotel's elegant Restaurant Asiate is ranked for "Top Service" and "Top Decor" in Zagat's 2009 NYC Restaurants Guide. In celebration of its fifth anniversary, Mandarin Oriental, New York is offering a “Suite Fifth Anniversary Package” through September 7, 2009 for three nights with 50% savings on luxury suite accommodations. www.mandarinoriental.com

About Jazz at Lincoln Center: Jazz at Lincoln Center is the first-ever performing arts center specifically designed for the sound of jazz. With Wynton Marsalis as its Artistic Director, Jazz at Lincoln Center features three performance facilities, Rose Theater (seats 1,200), The Allen Room (seats just under 500) and Dizzy’s Club Coca-Cola (seats 140), which Tony Bennett calls “the best jazz room in the city.” Over the last five years, Jazz at Lincoln Center has hosted some of the most renowned names in the music industry, as well as celebrity studded movie premieres and special events.

Whether it’s Harry Connick Jr. dropping by late to gig with Wynton Marsalis; Tom Cruise walking the red carpet for the Valkyrie premiere; The Ellen Show taping, or Franki Valli singing in Rose, you never know who’s going to show up at Jazz at Lincoln Center. Located on the same floor is the Irene Diamond Education Center with classrooms for jazz students of all ages and the Nesuhi Ertegun Jazz Hall of Fame which is free and open to the public. www.jalc.org

About Time Warner Center: When the $1.7 billion Time Warner Center opened in 2004, it became the first vertical, mixed-use facility of its kind in New York City. During construction, the 2.8 million square foot complex was, at the time, the largest project in the country, as well as the largest construction effort in New York since building of the original World Trade Center. Recognized as the catalyst to transform a long suffering Columbus Circle into a thriving epicenter of Manhattan, Time Warner Center stands as the nucleus of this historic neighborhood. Where the skyline was once low, thriving developments and fashionable destinations now rise. Since the opening of Time Warner Center, the Columbus Circle neighborhood now includes, the Museum of Arts and Design, Daniel Boulud’s Bar Boulud and 15 Central Park West. About Time Warner Center Time Warner Center, the 2.8 million square foot complex located at Columbus Circle, opened to the public on February 5, 2004.

The Shops at Columbus Circle and The Restaurant and Bar Collection consist of shopping, dining and entertainment programming totaling 350,000 square feet of leasable space. Together with Jazz at Lincoln Center’s three performance halls, this world-class destination provides New York’s West Side with 500,000 square feet of dynamic restaurant, retail and entertainment uses. The complex includes Time Warner World Headquarters, One Central Park condominiums, The Residences at the Mandarin Oriental, and the Mandarin Oriental five-star luxury hotel. The $1.7 billion project was developed by Columbus Centre LLC, a partnership consisting of Related Companies, L.P. and Apollo Real Estate Advisors, L.P (now AREA). Visit www.theshopsatcolumbuscircle.com for more information.

About Related Companies Related Companies, heralded as one of the most prolific and visionary developers, is considered the most prominent privately-owned real estate development firm in the United States. Headquartered in New York City, Related has offices or major developments in Chicago, Miami, West Palm Beach, Los Angeles, Phoenix, Boston and Aspen/Snowmass and boasts a team of more than 2,000 professionals with expertise in financing and acquisitions, marketing and sales, construction and property management. In 2004, Related completed the development of New York City's newest landmark, Time Warner Center, featuring an unparalleled restaurant collection by renowned chefs Thomas Keller, Michael Lomonaco, Masayoshi Takayama and Marc Murphy, signature shops, super-luxury condominiums, office headquarters for both Related and the world headquarters for Time Warner, Inc., the Mandarin Oriental New York Hotel and, overlooking Central Park, the first ever concert hall designed specifically for jazz - Jazz at Lincoln Center.

Time Warner Center has transformed Columbus Circle. Showcasing Related's over $6 billion commitment to sustainable development, Related developed Tribeca Green, which has achieved a LEED Gold rating and recently completed 340 on the Park, the first green residential tower in the Midwest. The Grand in downtown Los Angeles will be one of the largest vertically-integrated, mixed-use projects in the nation. The multi-phase 3.6 million square foot development spanning three city blocks will cost an estimated $3 billion to develop. Phase I has been designed by world-renowned architect Frank Gehry for the project developer, Related Companies.

In Snowmass Colorado, Related is setting a new paradigm in environmental sensitivity in resort living through its 80-acre mixed-use development. Committed to architectural and design excellence, Related works with award winning architects such as Bernardo Fort-Brescia, David M. Childs, Charles Gwathmey and Robert Siegel, Frank Gehry, Richard Meier, David Rockwell, Philippe Starck, Robert A.M. Stern and Howard Elkus to create market defining properties.www.Related.com

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