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Related Companies and Oxford Properties Group close on more than $5 billion in financing for flagship office tower and retail complex at Hudson Yards
Related Companies and Oxford Properties Group today announced the closing of over $5 billion in financing for 30 Hudson Yards, the site’s flagship office tower, and the one-million-square-foot Shops and Restaurants at Hudson Yards. Bank of America served as lead arranger and administrative agent…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 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 sales…, About Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and over $34 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…
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Intersection and Sidewalk Labs locating corporate headquarters at 10 Hudson Yards
Related Companies and Oxford Properties Group today announced that Intersection and Sidewalk Labs will locate their corporate headquarters at 10 Hudson Yards. Intersection, the urban experience company formed in 2015 as the result of a merger between Control Group and Titan, and its lead investor,…, About Intersection:, Intersection is a technology and media company focused on improving the urban experience at the convergence of digital and physical worlds. The company creates new products and services and invests in the most engaging media platforms that enable cities, businesses and communities to drive…, About Sidewalk Labs:, Sidewalk Labs is a newly-formed urban innovation company that is the result of a partnership between Google and Daniel Doctoroff, the former Deputy Mayor of Economic Development and Rebuilding for the City of New York and the CEO of Bloomberg LP. Sidewalk’s mission is to use technology to solve big…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 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 sales…, About Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and $37 billion of real estate assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford was acquired…
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Related Companies unveils 456 Washington Street in coveted North Tribeca neighborhood
Related Companies today unveiled 456 Washington Street, its new ultra-luxury boutique rental development, perfectly positioned along the waterfront in a private and quiet corner of North Tribeca. Envisioned by BKSK Architects as a reflection of the neighborhood’s industrial history, 456 Washington…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 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 sales…
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Related Companies makes a groundbreaking strategic investment in Pocket to greatly expand for-sale affordable housing in London
Pocket, the leading developer of homes for first-time buyers in London, today announced a landmark deal with Related Companies, one of the largest owners and developers of affordable housing in the U.S. Related’s strategic investment in Pocket, acquiring a 50% stake in the company, marks the first…, About Pocket:, Pocket’s business model is to build affordable housing, without direct public subsidy, sold outright to buyers at a discount to the local market of at least 20%. In 2013, the GLA awarded Pocket a 10 year loan worth £21.7 million (recently increased to £26.4 million) from the Mayor’s Housing…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 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 sales…
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10 Hudson Yards designated LEED Platinum
Hudson Yards developers Related Companies and Oxford Properties Group today announced that 10 Hudson Yards, its first commercial office building to open, has received LEED Platinum certification, making it the first commercial office building in New York to receive such a rating since the LEED…, The Hudson Yards neighborhood:, The Hudson Yards neighborhood was designed to be a model for the 21st century urban experience—an unprecedented mix of buildings, streets, parks, utilities and public spaces that will combine to form a connected, responsive, clean, reliable and efficient neighborhood: Hudson Yards will have a…, 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 Oxford Properties Group:, Oxford Properties Group is one of the world’s premier real estate investment, development and management companies. Established in 1960, Oxford manages over $40 billion of real estate assets on behalf of its co-owners and investment partners, with a global portfolio spanning over 60 million square…
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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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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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Amenities grow at Hunter's Point South with introduction of organic urban farm and apiary created in partnership with GrowNYC
Hunter's Point South will officially spring to life this week as residents begin settling into their apartments and more than 13,000 honeybees get to work pollinating the new residential community's organic garden. Created in partnership with GrowNYC, which is considered the…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 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 sales…, About GrowNYC:, GrowNYC is an environmental nonprofit organization and the sustainability resource for New Yorkers, providing free tools and services anyone can use in order to improve our City and environment through four program areas: " Greenmarket: Through their network of farmers markets, Youthmarkets,…
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