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WRI Ross Prize for Cities to celebrate urban transformation projects
Well over half of the world’s population lives in cities, and more than two thirds will do so by the middle of this century. This trend will bring new possibilities as well as risks: cities can be drivers of opportunity, creativity and growth—or lead to more waste, pollution and suffering. The…, About World Resources Institute:, WRI is a global research organization that spans more than 50 countries, with offices in the United States, Brazil, China, India, Indonesia, Mexico and more. Our more than 700 experts and staff work closely with leaders to turn big ideas into action at the nexus of environment, economic opportunity…, About WRI Ross Center for Sustainable Cities:, WRI Ross Center for Sustainable Cities helps create accessible, equitable, healthy and resilient urban areas for people, businesses and the environment to thrive. Together with partners, it enables connected, compact and coordinated cities. The Center expands the transport and urban development…, About Stephen Ross:, Stephen M. Ross is the chairman and founder of Related Companies, the owner of the Miami Dolphins and a passionate philanthropist. Related has developed preeminent mixed-use projects including Time Warner Center in New York and CityPlace in West Palm Beach and is currently developing the 28-acre…
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Related’s The 78 to be site of planned Discovery Partners Institute
Illinois Governor Bruce Rauner and University of Illinois System President Tim Killeen today unveiled plans for an interdisciplinary public-private research and innovation center known as the Discovery Partners Institute (DPI) at The 78, a mixed-use, master-planned development by Related Midwest.…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its architecturally significant, market-defining projects and led by industry veterans who…, About Related:, Since 1972, Related has created large-scale, mixed-use developments that pioneer new visions in all aspects of urban life including: Time Warner Center and Hudson Yards, a dynamic new neighborhood, in New York City; The Grand in downtown Los Angeles; and a city defining development in Santa Clara.…
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Hudson Yards to host rare display of Keith Haring’s "Citykids Speak On Liberty" banner at its Hudson Yards development
Hudson Yards today announced it will host a rare four-day display of Keith Haring’s monumental “CityKids Speak on Liberty” banner on Manhattan’s West Side from Thursday, November 2nd through Sunday, November 5th, offering all New Yorkers an opportunity to publicly view the iconic banner before it…, About the Banner:, In 1986, over a period of three days at the Jacob Javits Convention Center, celebrities from the art, music and political worlds watched and encouraged as the building-sized nylon banner was created—with Haring orchestrating hundreds of kids at a time adding their own contributions. Especially…, About Related:, Founded more than 40 years ago, Related Companies is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. The company has $50 billion of real estate assets owned or…, About Hudson Yards:, Hudson Yards is an entirely new neighborhood on Manhattan’s West Side and comprises more than 18 million square feet of mixed-use development. Developed by Related Companies and Oxford Properties Group, it will include more than 100 shops and restaurants, including New York City’s first Neiman…, About The CityKids Foundation:, Founded by Laurie Meadoff in 1985, The CityKids Foundation’s innovative programming and projects have been in the forefront in fields of Positive Youth Development and Social Emotional Learning. Providing opportunities for personal growth, leadership and artistic expression, The CityKids Foundation…, About Phillips:, Phillips is a leading global platform for buying and selling 20th and 21st century art and design. With dedicated expertise in the areas of 20th century and contemporary art, design, photographs, editions, watches and jewelry, Phillips offers professional services and advice on all aspects of…
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rhubarb to open first international locations at Hudson Yards New York
London’s premium hospitality group rhubarb today announced that it will open two restaurants and an extraordinary event space at Hudson Yards, a new neighborhood rising on Manhattan’s West Side. This will be the first international location for the revered London hospitality group. Both venues will…, About rhubarb:, rhubarb is a distinguished food designer, high society event caterer and restaurant operator in the U.K. rhubarb’s portfolio includes a number of well-known restaurants in London including Sky Garden, Gallery Mess, CODA and Verdi Italian Kitchen in the Royal Albert Hall, Heathrow T3 and T5, London…
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Related Midwest tops off One Bennett Park in Chicago's Streeterville neighborhood
Related Midwest today celebrated the topping off of One Bennett Park, the developer's ultra-luxury residential tower at 451 E. Grand Ave. in Chicago's Streeterville neighborhood. The celebration, co-hosted with Lendlease, the project's general contractor, included a lunch and raffle…
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Forty Five Ten announces inaugural New York store at Hudson Yards
Forty Five Ten, the Dallas-based luxury boutique brand, announces its New York City debut with a location in Manhattan's Hudson Yards slated to open in March 2019. "There's nothing more thrilling to me than finding new talent and undiscovered gems, and showcasing them in a way only…, About Forty Five Ten:, Playfully disregarding the status quo, Dallas-born boutique brand Forty Five Ten heralds the new, the emerging, the rare and the unusual. With an inherent curiosity, Forty Five Ten presents luxury collections by iconic designers in women's, men's, home and beauty, Forty Five Ten caters to…, About Hudson Yards:, Hudson Yards, developed by Related Companies and Oxford Properties Group, is an entirely new neighborhood on Manhattan's West Side. Comprised of more than 18 million square feet of mixed-use development, Hudson Yards will include over 100 shops and signature restaurants by Thomas Keller, José…
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Mayor de Blasio, Borough President Katz and Council Member Moya announce city will go all affordable at first phase of Willets Point
Mayor Bill de Blasio, Borough President Melinda Katz and Council Member Francisco Moya today announced an agreement to jumpstart construction of 1,100 affordable apartments on six acres of Willets Point—an increase of 225 affordable homes over the original development proposal. The new homes will…
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Corvex and Related announce board slate to be nominated at special meeting of CommonWealth REIT shareholders
Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related"), whose separately managed investment funds collectively own approximately 9.6% of the outstanding shares of CommonWealth REIT (NYSE:CWH), today announced that they intend to nominate a slate of five…, Additional Information on the Nominees:, James Corl:, James Corl has been a managing director at Siguler Guff & Company since 2009, and is the head of real estate. Mr. Corl oversees the firm's real estate investment activities, setting investment strategy, designing and constructing the portfolio, identifying potential investments and…, Edward Glickman:, Edward Glickman is the executive director of the Center for Real Estate Finance Research and Clinical Professor of Finance at New York University Stern School of Business, and has been a professor at the Stern School of Business since 2006. Mr. Glickman is also currently the executive chairman of…, Peter Linneman:, From 1979 to 2011, Dr. Linneman was a Professor of Real Estate, Finance and Public Policy at the University of Pennsylvania, Wharton School of Business and is currently an Emeritus Albert Sussman Professor of Real Estate there. Dr. Linneman is currently a principal of Linneman Associates, a real…, Jim Lozier:, im Lozier served as co-founder and CEO of Archon Group L.P. from its formation in 1996 until 2012. Archon, a wholly owned subsidiary of Goldman Sachs, is a diversified international real estate services and advisory company that under Mr. Lozier's leadership managed 36,000 assets with a gross…, Kenneth Shea:, Kenneth Shea is the president of Coastal Capital Management LLC, an affiliate of Coastal Development, LLC, a New York-based privately-held developer of resort destinations, luxury hotels and casino gaming facilities. Prior to joining Coastal in September 2009, from July 2008 to August 2009, Mr.…, Additional Information Regarding the Solicitation: , Corvex Management LP and Related Fund Management, LLC have filed a preliminary solicitation statement with the Securities and Exchange Commission (the "SEC") to (1) solicit consents to remove the entire board of trustees of CommonWealth REIT (the "Removal Proposal"), and (2)…, About Corvex Management LP:, Corvex Management LP is an investment firm headquartered in New York, New York that engages in value-based investing across the capital structure in situations with identifiable catalysts. Corvex was founded in March 2011 and follows an opportunistic approach to investing with a specific focus on…, About Related Fund Management LLC:, Related Fund Management, LLC is an affiliate of Related Companies, one of the most prominent privately-owned real estate firms in the United States. Formed 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development,…
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