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Governor Quinn salutes downtown Chicago development and workers making it happen
Governor Pat Quinn today saluted the developers and workers on the 111 West Wacker project in downtown Chicago. The $180 million project by Related Midwest has employed more than 1,000 skilled construction workers and is transforming a long vacant and partially-completed building into a new…
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NYU CUSP, Related Companies and Oxford Properties Group team up to create "first quantified community" in the United States at Hudson Yards
New York University’s Center for Urban Science and Progress (CUSP) today announced that it will partner with Related Companies and Oxford Properties Group to create the nation’s first “Quantified Community”—a fully-instrumented urban neighborhood that will measure and analyze key physical and…, About New York University’s Center for Urban Science & Progress:, CUSP is an applied science research institute created by New York University with a consortium of world-class universities and the foremost international technology companies to address the needs of cities. At the heart of its academic program, CUSP will investigate and develop solutions to the…, About Hudson Yards:, Hudson Yards, developed by Related Companies and Oxford Properties Group, is the largest private real estate development in the nation’s history and the largest development in New York City since Rockefeller Center. Hudson Yards will be a hub of connectivity, community, culture and creativity. It…
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Related Beal appoints John 'Ted' Lubitz vice president
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston, announced today it has appointed John “Ted” Lubitz as vice president. Working with both Related Beal and Related Affordable, Lubitz will endeavor to maximize affordable housing…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Related Affordable:, Related Affordable develops, acquires and preserves affordable housing throughout the nation. In the area of acquisitions and refinancing, the company pursues properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of…
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Stephen Ross makes over $30 million gift to WRI to advance sustainable cities
Stephen M. Ross, a world-recognized business leader, real estate developer and philanthropist announced today a $30.5 million contribution to the World Resources Institute (WRI) to galvanize action that will help cities grow smarter and more sustainably in developing countries around the world.…, About The World Resources Institute:, The World Resources Institute ( www.wri.org ) is a global research organization that spans more than 50 countries, with offices in the United States, China, India, Brazil, and more. Our more than 450 experts and staff work closely with leaders to turn big ideas into action to sustain our natural…
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Corvex and Related announce results of CommonWealth REIT’s special meeting of shareholders
Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related"), whose separately managed investment funds collectively own approximately 8.8% of the outstanding shares of CommonWealth REIT (NYSE:CWH), today announced that their entire slate of nominees—James Corl,…, 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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Related Companies and Oxford Properties Group unveil 55 Hudson Yards
Related Companies and Oxford Properties Group today unveiled 55 Hudson Yards, the latest addition to the commercial office tower collection in the 28-acre Hudson Yards development. The building is perfectly positioned at the intersection of Hudson Yards, the High Line and Hudson Park &…
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Related California announces first three culinary partners to join Ocean Avenue South in Santa Monica
Related California is pleased to announce the first three high-profile dining establishments planned for Ocean Avenue South, its new luxury residential development in Santa Monica one block from the Pacific Ocean. The three dining concepts include the beloved Los Angeles institution Joan’s On Third…, About Related California:, Related California ( www.relatedcalifornia.com ) 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 nearly 9000 residential homes…, 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 40 years ago, Related is the nation’s preeminent developer of luxury residential properties having pioneered the concept…, About The Resmark Companies:, Founded in 1995, Resmark is a leading national private equity firm focused on real estate and powered by core foundational discipline and focus. A fully integrated real estate investment group, The Resmark Companies' divisions—Resmark Land and Housing and Resmark Apartment Living—finance,…, About Hakkasan Group:, Hakkasan Group is a worldwide entertainment, dining, nightlife, and hospitality company with establishments currently located across the United States, Europe, Middle East, and Asia. Its namesake is taken from its Michelin-star restaurant that set the high-level standard for the group’s collection…
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Neiman Marcus flagship to anchor Hudson Yards
Related Companies, Oxford Properties Group and Neiman Marcus Group, Inc. announced today plans to open a flagship Neiman Marcus store on Manhattan’s flourishing West Side at Hudson Yards. The 250,000-square-foot, multi-level store is scheduled to open in 2018 and marks the first for the brand in…, About Neiman Marcus Group:, Neiman Marcus Group LLC operations include the Specialty Retail Stores segment and the Online segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus, Bergdorf Goodman and Last Call stores. The Online segment conducts direct to consumer operations under the Neiman Marcus,…, 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 more than 1,400 employees and $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…
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