Related Companies and Oxford Properties Group (“Oxford”) today announced the full capitalization of 70 Hudson Yards, with $2.45 billion in financing closed including a $1.6 billion construction loan fully underwritten, structured and led by Wells Fargo, Bank of America, and Standard Chartered, as well as equity from institutional investors. Once complete, the 1.4M SF commercial office tower will serve as the new US headquarters for Deloitte*, representing the next evolution of commercial office at Hudson Yards.
