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Gulf Related breaks ground on Al Maryah Central
Leading regional development company Gulf Related today broke ground on Al Maryah Central, a 2.3-million-square-foot super-regional shopping center located at the core of Al Maryah Island in Abu Dhabi. The groundbreaking marks the start of construction on the iconic project ahead of its opening in…, About Gulf Related:, Gulf Related is a regional real estate development company focused on retail, residential and high-end mixed-use real estate developments in the Middle East. Gulf Related represents a joint-venture between Gulf Capital, one of the Middle East's leading alternative asset management firms, and…
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Construction commences on 55 Hudson Yards
Mitsui Fudosan America, Inc. (MFA), the U.S. operations of Japan’s largest real estate company, Related Companies and Oxford Properties Group today announced that they have partnered on the full capitalization of 55 Hudson Yards and commenced groundbreaking on the trophy office tower. Located at…, About Mitsui Fudosan America, Inc.: , Mitsui Fudosan America, Inc. (MFA) is a real estate investment and development company headquartered in New York City and is the U.S. subsidiary of Mitsui Fudosan Co., Ltd. – Japan’s largest publicly traded real estate company. MFA’s history in the United States dates back to the early 1970’s.…, 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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Renowned chef Thomas Keller and famed restaurateur and developer Kenneth Himmel to curate dining collection at Hudson Yards
Hudson Yards, the largest private real estate development in our nation’s history, today announced the collaboration of world renowned chef Thomas Keller and famed restaurateur and developer Kenneth A. Himmel to curate the dining collection at The Shops & Restaurants at Hudson Yards. In…, About Thomas Keller:, Thomas Keller is renowned for his culinary skills and his exceptionally high standards. He has established a collection of restaurants that set a new paradigm within the hospitality profession. He is the first and only American-born chef to hold multiple three-star ratings from the prestigious…, About Kenneth Himmel:, Kenneth A. Himmel is President and Chief Executive Officer of Related Urban, the nation’s leading developer of large-scale mixed-use properties. Under Mr. Himmel’s leadership, Related Urban has opened two award-winning iconic destinations – Time Warner Center in New York City and CityPlace in West…
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Related Companies names Timur Galen Executive Vice President
Related Companies today announced that Timur Galen will join Related as executive vice president. In this role, Timur will be a part of the senior executive team for the development of Hudson Yards, primarily responsible for leading and overseeing over seven million square feet of commercial office…, 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 Hudson Yards:, Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The 28-acre site will include more than 17 million square feet of commercial and residential space, more than 100 shops and…
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Litigation powerhouse Boies, Schiller & Flexner moving New York City headquarters to 55 Hudson Yards
Boies, Schiller & Flexner today announced that the powerhouse law firm is relocating its New York City headquarters to 55 Hudson Yards, which is expected to open in 2018. Boies, Schiller & Flexner has leased over 83,000 square feet across three floors. The Boies, Schiller & Flexner…, About Boies, Schiller & Flexner:, Boies, Schiller & Flexner (www.bsfllp.com) is one of the premier law firms in the United States, regularly serving as lead counsel in the biggest, highest-profile disputes and representing some of the world’s largest and most sophisticated organizations when the results matter most., About Related:, Founded over 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’s existing portfolio of real estate assets, valued at…, 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…, About Mitsui Fudosan America, Inc.:, Mitsui Fudosan America, Inc. (MFA) is a real estate investment and development company headquartered in New York City and is the U.S. subsidiary of Mitsui Fudosan Co., Ltd. – Japan’s largest publicly traded real estate company. MFA’s history in the United States dates back to the early 1970’s.…
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Vertical construction commences on The Shops and Restaurants at Hudson Yards
Hudson Yards today announced the start of vertical construction on The Shops & Restaurants at Hudson Yards, its massive one-million-square-foot retail center and the future home of New York City’s first Neiman Marcus flagship store and chef Thomas Keller’s new classic American restaurant.…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed more than 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 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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Hudson Yards to house smartest park in town
Hudson Yards, the largest private real-estate development in the history of the United States, will soon be home to the smartest park in town. New York’s newest elevated park, designed by the award winning firm Nelson Byrd Woltz Landscape Architects, will be unlike any other park in the city. With…, Heat Control:, The train yard can reach a scorching 150 degrees Fahrenheit, creating soil conditions too hot for tree survival. To protect the plants from this heat below, a sophisticated network of tubing will circulate cooling liquids to protect the plants’ roots., Ventilation:, To remove heat generated by the trains below, a ventilation system powered by 15 fans, commonly used in commercial jet engines, will supply fresh air at 45 MPH to the train tracks below., Smart Soil:, With a depth of only eighteen inches for plants and four feet for large trees, a “soil sandwich” of sand and gravel between two concrete slabs is being constructed to compensate for the shallow depth to protect the plants’ roots and promote root growth that is wide and shallow. This advanced…, Irrigation:, Every drop of rainwater that falls on the Hudson Yards Public Square will be collected into a 60,000 gallon tank and reused to irrigate the plants and trees. By collecting this water, Hudson Yards will save 6.5 megawatt hours of energy and offset 5 tons of greenhouse gas every year. In addition to…, Reliable + Efficient Neighborhood:, Whatever the disruption—superstorm, brown out—Hudson Yards will generate power on-site to keep basic building services, residences and restaurants running. Buildings at Hudson Yards are also interconnected via a micro grid, allowing them to either be heated and cooled with their own equipment, or…, Connected Neighborhood:, Communications will be supported by a future-proofed fiber loop, designed to optimize data speed and service continuity for rooftop communications, as well as mobile, cellular and two-way radio communications. This will allow enhanced continuous access via wired and wireless broadband performance…, Responsive Neighborhood:, Hudson Yards will harness big data to innovate, optimize, enhance and personalize the employee, resident and visitor experience. Supported by an advanced technology platform, operations managers will monitor and react to traffic patterns, air quality, power demands, temperature and pedestrian…, Clean Neighborhood:, The waste management systems are designed to keep garbage out of sight. A vacuum tube system that will accommodate three waste streams (organics, recyclables and trash) will send residential waste straight from chutes on each floor to a central terminal—eliminating piles of garbage on sidewalks and…, About Hudson Yards:, Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The 28-acre site will include more than 17 million square feet of commercial and residential space, more than 100 shops and…, About Related:, Founded over 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’s existing portfolio of real estate assets, valued at…, About Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with over 1,700 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 offices in…
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Al Maryah Central to commence vertical construction this month
Gulf Related today announced that vertical construction on Al Maryah Central, a 2.3-million-square-foot super-regional shopping center located at the core of Al Maryah Island in Abu Dhabi, will commence this month. Gulf Related has selected Brookfield Multiplex as the main contractor responsible…, About Al Maryah Central:, Al Maryah Central is a 3.1-million-square-foot retail-led, mixed-use development that is owned and managed by Gulf Related, the joint venture partnership between Gulf Capital and Related Companies. Al Maryah Central will include a 2.3-million-square-foot shopping centre anchored by Macy’s and…, About Gulf Related:, Gulf Related is a regional real estate development company focused on retail, residential and high-end mixed-use real estate developments in the GCC. Gulf Related represents a joint venture between Gulf Capital, one of the GCC’s leading alternative asset management firms, and Related Companies, one…, About Brookfield Multiplex:, Brookfield Multiplex is a leading global contractor with over 50 years’ experience delivering complex landmark buildings and infrastructure assets across the Middle East, Europe, Canada and Australasia. The company was one of the first international construction firms to establish offices in the…
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