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U-Michigan to receive $200 million from prominent real estate developer Stephen M. Ross
Real estate developer and alumnus Stephen M. Ross will give $200 million to the University of Michigan to significantly transform the student experience at the business school and athletic campus. Ross' gift is the largest single donation in U-M history and makes him the biggest donor to his…
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Related Companies joins Habitat For Humanity New York City to repair homes damaged by superstorm Sandy and makes commitment to participate in annual Carter Work Project events
Related Companies today announced that a team of over 40 volunteers has this week joined Habitat for Humanity New York City to repair homes in Queens damaged by Superstorm Sandy. The volunteer team is made up of employees from Related Companies, Oxford Properties Group, Tishman Construction and…, 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.…, About Habitat for Humanity New York City, : Habitat for Humanity New York City transforms lives and our city by building quality homes for families in need and by uniting all New Yorkers around the cause of affordable housing. With the help of thousands of volunteers every year, Habitat NYC has built more than 260 affordable homes in the…
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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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Mayor Bloomberg, MTA officials and local leaders take first ride on 7 Subway Train Extension
Mayor Michael R. Bloomberg, MTA officials and other local leaders today took the first ride on the extension of the 7 Subway line, terminating at the new subway station located at 34th Street and Eleventh Avenue in Manhattan. The 7 Subway Extension is the first extension funded by the city in more…
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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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