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Related Midwest announces official sales launch of South Loop Luxury by Related
Related Midwest today announced the official launch of sales at South Loop Luxury by Related, a collection of 500 re-imagined residences across three buildings in one of Chicago’s most desirable neighborhoods. Demand for this unique opportunity has been strong prior to the official sales launch,…, ### About Related Midwest, Related Midwest, the Chicago office of Related Companies, is the preeminent Chicago developer of luxury condominium and rental homes, affordable housing and unique mixed-use properties since 1988. Recognized for its innovative, market-defining developments, Related Midwest creates properties of…
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Related Midwest introduces 500 Lake Shore Drive
After months of anticipation, developer Related Midwest is opening the doors to 500 Lake Shore Drive, a new 47-story glass tower bringing 500 ultra-luxury apartments to the Streeterville neighborhood. 500 Lake Shore Drive marks the unveiling of the Related Rentals brand of five-star service and…, About Related Midwest, Related Midwest, the Chicago office of Related Companies, is the preeminent Chicago developer of luxury condominium and rental homes, affordable housing and unique mixed-use properties since 1988. Recognized for its innovative, market-defining developments, Related Midwest creates properties of…
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500 Lake Shore Drive surpasses 50% leased milestone, releases penthouse residences for lease
With more than half of the 500 luxury apartment residences at 500 Lake Shore Drive leased within three and half months, developer Related Midwest announces leasing has begun for the building’s four penthouse levels. Located in the Streeterville neighborhood on one of the last remaining parcels of…, About Related Midwest, : Related Midwest, the Chicago office of Related Companies, is the preeminent Chicago developer of luxury condominium and rental homes, affordable housing and unique mixed-use properties since 1988. Recognized for its innovative, market-defining developments, Related Midwest creates properties of…
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Mayor Rahm Emanuel and Related Companies join residents and students to celebrate the grand reopening of Parkway Gardens Apartments and to unveil a new athletic field at the Dulles School of Excellence
Chicago Mayor Rahm Emanuel, Related Companies, Alderman Willie B. Cochran, community leaders and residents today participated in a ribbon cutting ceremony to celebrate the grand reopening of Parkway Gardens Apartments, a 694-unit affordable housing development serving 2,400 residents in Chicago’s…
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Mayor Bloomberg, MTA officials and local leaders take first ride on 7 Subway Train Extension
Mayor Michael R. Bloomberg, MTA officials and other local leaders today took the first ride on the extension of the 7 Subway line, terminating at the new subway station located at 34th Street and Eleventh Avenue in Manhattan. The 7 Subway Extension is the first extension funded by the city in more…
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Related Companies preserves 4,026 units of affordable housing across 8 states in 2013
Related Companies, the nation’s preeminent privately-owned real estate developer, today announced the long-term preservation of 4,026 units of affordable housing in 45 developments across 8 states in 2013, as well as the completed rehabilitation of 1,483 units in properties that were acquired in…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed more than 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and…
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Time Warner Inc. announces New York real estate development plans
Time Warner Inc. (NYSE: TWX) today announced that Time Warner has sold the 1.1 million square feet of office space it owns in Time Warner Center for $1.3 billion to a venture of Related Companies, an entity owned by the Abu Dhabi Investment Authority (ADIA) and GIC. The venture will lease office…, 30 Hudson Yards:, Time Warner expects to acquire more than one million square feet of the available commercial space in 30 Hudson Yards located at the southwest corner of 10th Avenue and 33rd Street in Hudson Yards. Approximately 5,000 employees from Time Warner’s corporate operations and its HBO, Turner…, Hudson Yards:, Hudson Yards is largest private real estate development in U.S. history and the largest development in New York City since Rockefeller Center. It is anticipated that more than 24 million people will visit Hudson Yards every year. The site will include 17 million square feet of commercial and…, About Time Warner Inc.:, Time Warner Inc., a global leader in media and entertainment with businesses in television networks, film and TV entertainment and publishing, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide through multiple distribution outlets., About Related:, Founded 40 years ago, Related Companies is a fully-integrated, highly diversified real estate industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. Related Companies’ existing portfolio of real estate…, About ADIA:, Established in 1976, the Abu Dhabi Investment Authority (ADIA) is a globally diversified investment institution that is wholly owned by the Government of Abu Dhabi. ADIA manages a substantial global investment portfolio, which is highly diversified across more than two-dozen asset classes and sub-…, About GIC:, GIC is among the world’s largest fund management companies. It was established in 1981 to manage Singapore’s foreign reserves. GIC strives to achieve good long-term returns on assets under its management, so as to preserve and enhance Singapore’s reserves. Since its inception, GIC has grown from…, About Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with over 1,400 employees and over $20 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford has regional offices in…, Caution Concerning Forward-Looking Statements: , This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include such words as “…
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Top four floors of One Madison sold for in excess of $57 million
With Manhattan’s downtown real estate market reaching new heights, Related Sales today announced a significant sale at its iconic condominium, One Madison. The crown jewel of the building, the top four floors, which encompass 10,160 square feet and include the triplex penthouse, have gone into…, The Building:, With incomparable postcard views, spacious entertainment spaces and luxurious living quarters, the residences at One Madison epitomize Manhattan living at its absolute peak. The slender 60-story bronze glass tower with award-winning architecture by Cetra/Ruddy and interiors and amenity spaces…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States with an existing portfolio of real estate assets valued at over $15 billion. Formed over 40 years ago, Related is the nation’s preeminent developer of luxury residential properties having pioneered the…
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