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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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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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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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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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VaynerMedia moving corporate headquarters to 10 Hudson Yards
Related Companies, Oxford Properties Group and VaynerMedia today announced that VaynerMedia will move its corporate headquarters to 10 Hudson Yards. VaynerMedia, a social media-first digital agency, has leased more than 88,000 square feet of office space for its 450-plus New York City employees, …, About VaynerMedia:, VaynerMedia is a social media-first digital agency that helps Fortune 500 companies tell their stories. Our expertise in strategy, creative, photo and video production and ad buying yields work that drives actual business results. With offices in New York, San Francisco, Los Angeles and Chattanooga…, 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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First Hudson Yards tower, 10 Hudson Yards, tops out
Related Companies, Oxford Properties Group and Tutor Perini today announced the topping out of 10 Hudson Yards, the future home of Coach Inc., L’Oréal USA, SAP and VaynerMedia. 10 Hudson Yards is already 85% committed and one of five commercial towers planned for the 28-acre Hudson Yards…, 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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