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Mayor Bloomberg, Speaker Quinn and Friends of the High Line break ground on the third and final section of the High Line at the Rail Yards
Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and Friends of the High Line Co-Founders Joshua David and Robert Hammond today hosted a groundbreaking ceremony to mark the start of construction on the third and final section of the High Line. Located between West 30th and West…
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The Hollywood Reporter and Related Companies collaborate to present ‘THR Design Hollywood at The Century' showhouse
The Hollywood Reporter and Related Companies, the nation’s most prominent real estate firm, are partnering to present THR Design Hollywood at The Century, a sophisticated designer showhouse benefitting the Wallis Annenberg Center for the Performing Arts at The Century in Century City, CA. The…
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Mayor Bloomberg and Speaker Quinn join Related Companies and Oxford Properties Group to break ground on 26-acre development at Hudson Yards
Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today joined Related Companies Chairman Stephen M. Ross and OMERS Investment Committee Chair Bill Aziz to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped…
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Related California breaks ground on $120 million, 19-story apartment tower — 1st residential building of Grand Avenue Project
Related California today started construction on a $120 million, 19-story apartment building at 225 N. Grand Avenue between 2nd and 3rd Streets, the first residential phase of its Grand Avenue Project. With 271 residences, including 20 percent affordable apartments, the building will bring the…, About Related California, Related California is a fully integrated real estate firm that develops affordable and market rate multifamily and mixed-use residential properties in California. Since opening the west coast headquarters in 1989, the company has completed more than 9,200 residential homes throughout California.…
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Related Companies unveils The Easton in Carnegie Hill
Related Companies today unveiled The Easton, a new luxury rental building located at 205 East 92nd Street in Manhattan’s beloved Carnegie Hill neighborhood. Introducing a collection of elegant residences inspired by the East Side’s grandest apartments, The Easton is designed for contemporary living…, 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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New report details substantial economic impact of Hudson Yards development
Related Companies and Oxford Properties Group today released a report outlining the substantial economic impacts of the 28-acre Hudson Yards development on the New York City economy. Once fully operational, the development will contribute nearly $19 billion annually to New York City’s Gross…, New York City impact:, Once fully operational, the development will contribute nearly $19 billion annually to New York City’s Gross Domestic Product, accounting for 2.5 percent of the citywide GDP. Hudson Yards will also contribute $477.3 million in annual City tax revenues. During the estimated 13-year construction…, Capital contributions to the MTA:, No project in New York City’s history has contributed or will contribute as much to the MTA as Hudson Yards, with the agency receiving $1.784 billion in revenues during the development and construction of the project. In addition, upon completion, Hudson Yards will contribute $89.3 million annually…, Modernizing New York City's commercial office space and improving global competitiveness:, More than 64 percent of the City’s office space is currently in buildings that are at least 50 years old. The development of Hudson Yards is one of New York’s most important responses to the demand for new office space to keep New York competitive with other global markets. Hudson Yards will bring…, Regional impact:, While the economic impact of Hudson Yards may be concentrated in New York City, many other communities from across the country have benefitted and will benefit as well. The materials used to construct the Eastern Rail Yard, for example, have been sourced from nearly every state across the country.…, About the 28-acre Hudson Yards Development:, Related and Oxford’s Hudson Yards is the largest private real estate development in the nation’s history. The site, which spans from 30th Street to 34th Street between 10th and 11th Avenues and 30th Street to 33rd Street between 11th and 12th Avenues, will include 17 million square feet of…, 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 and Oxford complete $2 billion capitalization of 35 Hudson Yards
Related Companies and Oxford Properties Group today announced the $2 billion full capitalization of 35 Hudson Yards, the 1.1-million-square-foot tower on the corner of 33rd Street and 11th Avenue set to open in 2019. The tower’s full capitalization includes $1.2 billion in debt financing led by 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 Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and over $40 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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Related Companies launches sales at Fifteen Hudson Yards
Related Companies today announced that condominium sales at Fifteen Hudson Yards will begin this week, introducing the first opportunity to live at Hudson Yards—the new heart of New York on Manhattan’s West Side. Imagined by Diller Scofidio + Renfro (DS+R) in collaboration with Rockwell Group,…, 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 Diller Scofidio + Renfro:, Diller Scofidio + Renfro (DS+R) is an international design firm that works at the intersection of architecture, the visual arts and the performing arts. Founded in 1979, the New York City-based practice established its identity through independent, theoretical and self-generated projects before…, About Rockwell Group:, Founded by David Rockwell, FAIA, Rockwell Group is an interdisciplinary architecture and design firm that emphasizes innovation and thought leadership in every project. The firm uses theater, technology and finely-wrought craft to create extraordinary experiences and built environments across the…
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