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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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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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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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