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Related and Oxford unveil 50 Hudson Yards designed by renowned architecture firm Foster + Partners
Related Companies and Oxford Properties Group today unveiled the design for 50 Hudson Yards, the city’s newest trophy office tower located on Manhattan’s West Side. Designed by renowned architecture firm Foster + Partners, the 2.9-million-gross-square-foot building will be New York City’s fourth…, About Hudson Yards:, Hudson Yards is the largest private real estate development in the nation’s history. The site itself will include 18 million square feet of commercial and residential space; more than 100 shops and restaurants, including New York City’s first Neiman Marcus and signature restaurants by Chefs Thomas…, About BlackRock:, BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. As of September 30, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products…, About Related:, Founded more than 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 has $50 billion of real estate assets owned or…, 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 $40 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 announces acquisition and preservation of more than 2,400 units of affordable housing across 16 properties in 2016
Related Companies, the nation’s preeminent privately-owned real estate developer, today announced the long-term preservation of an additional 2,417 units of affordable housing across 16 properties and six states in 2016. Continuing their strong, more than 40-year commitment to the creation,…, 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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Ladder and Related announce a strategic investment in Ladder by Related Companies
Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) and Related Companies (“Related”) today jointly announced that Related has made a strategic investment in Ladder. Related purchased $80 million of Ladder stock from certain pre-IPO shareholders of Ladder, including affiliates of TowerBrook…, 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 Ladder:, Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include…
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Related Companies announces fifteen new ground-floor gallery spaces coming to West Chelsea
Related Companies announced today the creation of fifteen new gallery spaces on West 28th and West 27th Street in West Chelsea. The initiative speaks directly to Related’s efforts to preserve and enhance the cultural character of the West Chelsea neighborhood and further enrich the gallery corridor…, 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 sales…
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VaynerMedia to open studio production house at The Point in Long Island City
Related today announced that digital agency VaynerMedia has signed a lease to locate its new studio production house at The Point in Long Island City. VaynerMedia’s production house will occupy approximately 43,000 square feet in the Blanchard Building, one of the two marquee buildings that make up…, 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 Real Estate:, 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 Cooley inks deal to move its New York headquarters to Hudson Yards
Hudson Yards today announced that global law firm Cooley LLP has signed a deal to relocate its New York headquarters to 55 Hudson Yards, leasing 130,000 square feet across five floors near the top of the building. In doing so, Cooley will enjoy flagship state-of-the-art office space among many of…, About Cooley LLP:, Clients partner with Cooley on transformative deals, complex IP and regulatory matters and high-stakes litigation, where innovation meets the law. Cooley has 900 lawyers across 12 offices in the United States, China and Europe. For more information, please visit www.cooley.com ., 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 $40 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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Governor Cuomo announces major construction to begin on new grand Moynihan Train Hall
Governor Andrew M. Cuomo today announced the start of major construction of the Moynihan Train Hall, a world-class transportation hub for the 21st century. The Farley Building redevelopment into the Moynihan Train Hall will create a new 255,000-square-foot Train Hall for Long Island Rail Road and…, 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 Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. announce $3.8 billion capitalization of 50 Hudson Yards
Related Companies, Oxford Properties Group and Mitsui Fudosan America, Inc. today announced the closing of the $3.8 billion financing of 50 Hudson Yards, the development’s park-front, flagship office tower. Wells Fargo, Deutsche Bank, HSBC, Bank of China and Sumitomo Mitsui Banking Corporation…, About Related:, Founded more than 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 has $50 billion of real estate assets owned or…, About Oxford Properties Group:, Oxford Properties Group is one of the world’s premier real estate investment, development and management companies. Established in 1960, Oxford manages over $40 billion of real estate assets on behalf of its co-owners and investment partners, with a global portfolio spanning over 60 million square…, 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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