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KKR to relocate corporate headquarters to Manhattan’s transformative new neighborhood on the West Side
KKR & Co. L.P. (NYSE: KKR), a leading global investment firm, today announced it is purchasing approximately 343,000 square feet—the top ten office floors—at 30 Hudson Yards and relocating its corporate offices to the flagship office tower in 2020. 30 Hudson Yards is being developed by Related…, About KKR:, KKR is a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach,…, 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 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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The Boston Consulting Group announces move to 10 Hudson Yards
The Boston Consulting Group (BCG), one of the world’s leading management consulting firms, today announced plans to relocate its New York City offices to 10 Hudson Yards. BCG will move more than 500 employees into 193,295 square feet of space on six floors in the 52-story tower in the fall of 2016…, Designing the "Office of the Future", Currently, BCG occupies approximately 96,500 square feet at 430 Park Avenue, where the company has been located since 2002. The firm also subleases offices from Credit Suisse Group AG at 315 Park Avenue South, in an agreement that expires in April 2017. At 10 Hudson Yards, BCG will occupy floors 42…, Hudson Yards, the Largest Private Development Ever in the U.S., Hudson Yards is the largest private real estate development in the nation’s history. It is anticipated that more than 24 million people will visit Hudson Yards every year. The 28-acre site is being developed by Related Companies and Oxford Properties Group and will include 17 million square feet of…, About The Boston Consulting Group:, The Boston Consulting Group (BCG) is a global management consulting firm and the world's leading advisor on business strategy. We partner with clients from the private, public and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical…, 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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Wells Fargo Securities to move New York headquarters to 30 Hudson Yards
Related Companies and Oxford Properties Group today announced that Wells Fargo & Co. (NYSE: WFC), one of the world’s leading financial services firms, is purchasing approximately 500,000 square feet of office space at 30 Hudson Yards and moving the New York headquarters of Wells Fargo…, About Wells Fargo Securities:, Wells Fargo Securities delivers a comprehensive set of capital markets and advisory products and services, including debt and equity origination and distribution, investment research and economic insights, interest rate, commodity and equity risk management, structured lending facilities,…, About Wells Fargo:, Wells Fargo & Company (NYSE: WFC) is a diversified community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage and consumer and commercial finance through 8,700…, 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 $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…
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Related Companies and Oxford Properties Group close on more than $5 billion in financing for flagship office tower and retail complex at Hudson Yards
Related Companies and Oxford Properties Group today announced the closing of over $5 billion in financing for 30 Hudson Yards, the site’s flagship office tower, and the one-million-square-foot Shops and Restaurants at Hudson Yards. Bank of America served as lead arranger and administrative agent…, 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 $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…
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Intersection and Sidewalk Labs locating corporate headquarters at 10 Hudson Yards
Related Companies and Oxford Properties Group today announced that Intersection and Sidewalk Labs will locate their corporate headquarters at 10 Hudson Yards. Intersection, the urban experience company formed in 2015 as the result of a merger between Control Group and Titan, and its lead investor,…, About Intersection:, Intersection is a technology and media company focused on improving the urban experience at the convergence of digital and physical worlds. The company creates new products and services and invests in the most engaging media platforms that enable cities, businesses and communities to drive…, About Sidewalk Labs:, Sidewalk Labs is a newly-formed urban innovation company that is the result of a partnership between Google and Daniel Doctoroff, the former Deputy Mayor of Economic Development and Rebuilding for the City of New York and the CEO of Bloomberg LP. Sidewalk’s mission is to use technology to solve big…, 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 Companies and Hilton Hotels and Resorts introduce Hilton West Palm Beach
The highly anticipated Hilton West Palm Beach opened its doors today to welcome local patrons and visitors alike. Related Companies, Palm Beach County, the City of West Palm Beach and Hilton Worldwide (NYSE: HLT) collaborated to conceptualize and deliver an innovative, contemporary and forward-…, About Hilton Worldwide:, Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 97 years, Hilton Worldwide has been dedicated to continuing its tradition of providing…, About Hilton Hotels & Resorts:, For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world's travelers. With more than 560 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As 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…
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Related and GreenOak acquire two commercial assets in Long Island City
Related Fund Management and GreenOak today announced that they have formed a joint venture and acquired two marquee commercial assets in Long Island City: the Paragon Building and the Blanchard Building. Both buildings are located in the Hunter’s Point corridor of Long Island City and offer…, 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 GreenOak:, GreenOak is an independent, partner-owned, real estate focused principal investing, lending and advisory firm that seeks to create long term value for its investors and provide strategic advice to its clients. Formed in 2010, GreenOak is a highly focused global platform with an experienced and…
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Global law firm Milbank to move New York office to 55 Hudson Yards
Milbank, Tweed, Hadley & McCloy LLP, a leading international law firm providing innovative legal services to clients around the world, today announced plans to relocate its New York headquarters to 55 Hudson Yards. The international law firm plans to lease more than 250,000 square feet across…, About Milbank, Tweed, Hadley & McCloy LLP:, Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that provides innovative legal services to clients around the world. Founded in New York 150 years ago, Milbank has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo…, 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 approximately 2,000 employees and over $37 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…, 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 1970s. Since…
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