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Mayor Bloomberg, MTA officials and local leaders take first ride on 7 Subway Train Extension

Mayor Michael R. Bloomberg, MTA officials and other local leaders today took the first ride on the extension of the 7 Subway line, terminating at the new subway station located at 34th Street and Eleventh Avenue in Manhattan. The 7 Subway Extension is the first extension funded by the city in more…
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Related Fund Management closes on two debt investments

Related Companies today announced that it has closed on two mezzanine and bridge debt investments in New York City and Santa Ana, California as part of Related’s credit platform. Related, along with its partners, originated a $100 million mezzanine loan for the acquisition and condominium…
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Related Companies and Oxford Properties Group commence construction on Hudson Yards Eastern Platform

Related Companies and Oxford Properties Group today announced that construction on the Hudson Yards Eastern Platform has commenced and that more than seven million square feet of development will be underway by year’s end. Construction on 10 Hudson Yards, home to Coach Inc., L’Oreal USA, SAP and…
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NYU CUSP, Related Companies and Oxford Properties Group team up to create "first quantified community" in the United States at Hudson Yards

New York University’s Center for Urban Science and Progress (CUSP) today announced that it will partner with Related Companies and Oxford Properties Group to create the nation’s first “Quantified Community”—a fully-instrumented urban neighborhood that will measure and analyze key physical and…
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Stephen Ross makes over $30 million gift to WRI to advance sustainable cities

Stephen M. Ross, a world-recognized business leader, real estate developer and philanthropist announced today a $30.5 million contribution to the World Resources Institute (WRI) to galvanize action that will help cities grow smarter and more sustainably in developing countries around the world.…
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Neiman Marcus flagship to anchor Hudson Yards

Related Companies, Oxford Properties Group and Neiman Marcus Group, Inc. announced today plans to open a flagship Neiman Marcus store on Manhattan’s flourishing West Side at Hudson Yards. The 250,000-square-foot, multi-level store is scheduled to open in 2018 and marks the first for the brand in…
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Related Fund Management closes on two debt investments

Related Companies today announced that it has closed on two debt investments in New York City and Vail, Colorado as part of Related Fund Management’s credit platform. Related Fund Management, along with its partners, originated a $60 million bridge loan to refinance and fund pre-development for a…
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Related Companies invests in Core, both firms collaborate to expand New York’s leading boutique brokerage

Related Companies, one of the nation’s most prominent real estate firms, today announced that it has acquired a stake in CORE, the leading boutique real estate brokerage in Manhattan, to further expand CORE’s brand and offerings throughout New York City. “This is an incredible opportunity for CORE…
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