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Hudson Yards welcomes its first employees and officially opens its doors
10 Hudson Yards today officially opened its doors, welcoming the first wave of Coach, Inc. employees to their new global headquarters on Manhattan’s West Side. Coach’s CEO Victor Luis, Chairman of Related Companies Stephen M. Ross and executives from Oxford Properties Group were joined at the…, About Coach, Inc.:, Coach, Inc. is a leading New York design house of modern luxury accessories and lifestyle brands. The Coach brand was established in New York City in 1941, and has a rich heritage of pairing exceptional leathers and materials with innovative design. Coach is sold worldwide through Coach stores,…, 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…
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L’Oréal USA moves corporate headquarters to Hudson Yards
After nearly 60 years in Midtown Manhattan, L’Oréal USA announced today that its first employees have officially moved into the company’s new U.S. headquarters at 10 Hudson Yards. Over the next few months, 1,300 L’Oréal USA employees will occupy 10 floors of the building, spanning more than 400,000…, About L'Oréal USA:, L'Oréal USA is the largest subsidiary of the L'Oréal Group, the world’s leading beauty company. L’Oréal USA manages a portfolio of more than 30 iconic beauty brands, including Garnier, Giorgio Armani Beauty, Kérastase, Lancôme, La Roche-Posay, L’Oréal Paris and Yves Saint Laurent Beauté.…, 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 when complete in 2025, more than 125,000 people a day will either work in, visit or call Hudson Yards their home. The development will include 17…
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Point72 Asset Management to move New York office to 55 Hudson Yards
Point72 Asset Management (Point72), a family office managing the assets of Steven A. Cohen, today announced it will move its New York headquarters to 55 Hudson Yards. The firm plans to lease more than 175,000 square feet across six floors in the new park-front boutique office tower on Manhattan’s…, Designing the "Workplace of the Future":, Currently, Point72 occupies 11 floors in two buildings a mile apart: 510 and 330 Madison Avenue. At 55 Hudson Yards, Point72 will occupy 175,000 square feet across six floors, which will increase its office space by 20 percent. “Uniting the two locations is an opportunity for us to improve…, About Point72:, Point72 Asset Management is a family office managing the assets of its founder, Steven A. Cohen, and eligible employees. Point72 primarily invests in discretionary long/short equities and makes significant quantitative and macro investments. The Firm’s long/short investment divisions are Point72…, 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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Related Companies and Oxford Properties Group complete recapitalization of 10 Hudson Yards
Related Companies and Oxford Properties Group today announced the closing of a recapitalization of 10 Hudson Yards. 10 Hudson Yards, which opened earlier this year, is home to the global headquarters of Coach, Inc., L’Oréal USA, SAP, The Boston Consulting Group, VaynerMedia, Intersection 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…, 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 Allianz Real Estate:, Allianz Real Estate is the strategic center of expertise in real estate within the Allianz Group and a leading international real estate investment and asset manager. Allianz Real Estate develops and executes worldwide tailored portfolio and investment strategies on behalf of the Allianz companies…, About J.P. Morgan Asset Management – Global Real Assets:, J.P. Morgan Asset Management – Global Real Assets has more than $90 billion in assets under management and more than 400 professionals in 19 offices throughout the Americas, Europe and Asia-Pacific, as of March 31, 2016. With a 45-plus year history of successful investing, J.P. Morgan Asset…
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MarketAxess moving global headquarters to 55 Hudson Yards
MarketAxess, the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced it will relocate its global corporate headquarters and move approximately 250 employees to 55…, About MarketAxess:, MarketAxess operates a leading electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology. Over 1,100 institutional investor and broker-dealer firms…, 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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DNB Bank moving North American headquarters to 30 Hudson Yards
DNB, Norway’s largest financial services group, today announced it will move its North American corporate headquarters to 30 Hudson Yards in Manhattan’s newest neighborhood. The firm has signed a lease with Related for the entire 68th floor (44,517 square feet) in 30 Hudson Yards, the site’s…, About DNB:, With 11,000 employees and a 200 year history, DNB is Norway’s largest financial services group, and one of the largest in the Nordic region. Within Norway, DNB is a universal bank offering a full range of retail, corporate and investment banking solutions for its clients. Globally, DNB follows an…, 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 Hudson Yards:, With more than 8.5 million square feet of residential, commercial and retail space now under construction or operational, Hudson Yards is on track to open the entire first phase by 2019. Ten Hudson Yards—home to Coach Inc., L’Oréal USA, The Boston Consulting Group, German software engineering firm…
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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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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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