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Kava Cafe to open at MiMA
Kava Cafe, the Meatpacking District’s stylish espresso bar, has signed a long-term lease for a second location at MiMA, Related Companies’ 63-story mixed-use glass tower featuring luxury rental residences. Kava Cafe’s MiMA location will be double the size of its first cozy café at 803 Washington…, About MiMA:, MiMA, recently awarded LEED Gold Certification, is a 63-story mixed-use glass tower featuring a blend of luxury apartment homes, culture and lifestyle offerings. Named after its location in the middle of Manhattan, MiMA is conveniently situated at the center of a vibrant neighborhood that combines…, About Related, : Related Companies is the most prominent privately-owned real estate firm 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, acquisitions, management, finance, marketing and sales.…
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L’Oréal USA and SAP join Coach, Inc. at Hudson Yards
Related Companies and Oxford Properties Group today announced that L’Oréal USA, the largest subsidiary of L’Oréal, S.A., the world’s leading beauty company, and SAP (NYSE: SAP), the market leader in enterprise software applications, will join Coach, Inc. (NYSE: COH, SEHK: 6388), in the South Tower…
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Related Companies welcomes Kava Café to MiMA
Related Companies today announced the opening of Kava Café at MiMA, the developer’s 63-story mixed-use glass tower on West 42nd Street between Ninth and Tenth Avenues. The new 1,340 square foot ground floor space is Kava Café’s second location, which expands on both the size and offerings of its…, About MiMA, : MiMA, recently awarded LEED Gold Certification, is a 63-story mixed-use glass tower featuring a blend of luxury apartment homes, culture and lifestyle offerings. Named after its location in the middle of Manhattan, MiMA is conveniently situated at the center of a vibrant neighborhood that…, About Related, : Related Companies is the most prominent privately-owned real estate firm 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, acquisitions, management, finance, marketing and sales.…
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Nordstrom Rack to open second location in Brooklyn, NY
Seattle-based Nordstrom, Inc. (NYSE: JWN) announced today plans to open a Nordstrom Rack at Gateway Center in Brooklyn, N.Y. The approximately 33,000-square-foot store is scheduled to open in fall 2014. Gateway Center is owned and managed by Related Companies. Nordstrom Rack is the off-price retail…, About Gateway Center, : Gateway Center in East New York, Brooklyn includes over one million square feet of shopping and dining experiences across two complexes. Accessible off the Belt Parkway, near Spring Creek Park, the expanded Gateway Center will offer customers everything they need without traveling far from home.…, About Related Companies, : 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…, About Nordstrom, : Nordstrom, Inc. is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 257 stores in 35 states, including 117 full-line stores, 137 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also…
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Hundreds of construction workers gather to celebrate the 1st birthday of Hudson Yards
More than 300 construction workers gathered today to celebrate the 1st birthday of Hudson Yards, the City’s newest neighborhood reshaping Manhattan’s west side and the New York skyline. To commemorate the occasion, Fairway Market designed a five-foot tall cake in the shape of 10 Hudson Yards, the…
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Treehaus organic market and restaurant to open at MiMA
Related Companies today announced that Treehaus, a farm-to-table market and restaurant that offers American cuisine with a modern French twist, has signed a long-term lease at MiMA, a 63-story mixed-use glass tower on West 42nd Street between Ninth and Tenth Avenues. MiMA is owned by Related…
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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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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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