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Mayor Bloomberg announces major progress at Hudson Yards — city's historic development project on Manhattan's West Side — as Related Companies and Oxford Properties Group announce Coach Inc. will anchor first tower
Mayor Michael R. Bloomberg, Related Companies, Oxford Properties Group and Coach, Inc., today announced that Coach’s new global corporate headquarters will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-use Hudson Yards development site on Manhattan’s far West Side…
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Related Companies and Oxford Properties announce the retention of Tutor Perini as contractor for 26-acre Hudson Yards development — Tishman Construction to serve as Related and Oxford's building partner
Related Companies and Oxford Properties Group, general partner developers of the 26-acre Hudson Yards in midtown Manhattan, today announced the retention of Tutor Perini Corporation, a prominent national civil and building construction company, as contractor for the Hudson Yards development.…
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Whole Foods Markets announces new store at Time Warner Center
WHOLE FOODS Markets (NASDAQ: WFMI), the world's largest natural and organic foods supermarket company, announces the opening of a new flagship store in the landmark Columbus Circle development. The 60,000 square foot store will be located on concourse level one within The Shops at Columbus…, About AOL Time Warner Center, Scheduled for completion in Fall 2003, the 2.1-million square-foot mixed use complex currently under construction at Columbus Circle, will be New York City's new landmark for the 21st Century. The complex, designed by David M. Childs of Skidmore, Owings and Merrill, is being developed by The…, About Whole Foods Market, Founded in 1980 in Austin, Texas, Whole Foods Market(r) (www.wholefoodsmarket.com) is the largest natural and organic foods supermarket retailer. In fiscal year 2001, the company had sales of $2.3 billion and currently has 139 stores in the U.S. and Canada. The Whole Foods Market motto, "Whole…
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Gloria Molina joins civic, artistic and community leaders to celebrate Grand Park opening, restoration of iconic fountain
Los Angeles County and City leaders joined with civic and business leaders and Los Angeles County residents today to celebrate the official opening of the first two blocks of Grand Park with a civic dedication. The event marks the culmination of 12 years of planning and collaboration championed by…
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Related Companies sets new standards for green construction, Manhattan mixed-use development receives LEED Gold Certification for environmental standards
Related Companies today announced that MiMA, its 63-story mixed-use glass tower in the heart of Midtown Manhattan, has been awarded LEED Gold certification by the U.S. Green Building Council. The 1.2 million square foot tower featuring MiMA rentals and the boutique ultra-luxury rentals One MiMA…
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Mayor Bloomberg, Speaker Quinn and Friends of the High Line break ground on the third and final section of the High Line at the Rail Yards
Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and Friends of the High Line Co-Founders Joshua David and Robert Hammond today hosted a groundbreaking ceremony to mark the start of construction on the third and final section of the High Line. Located between West 30th and West…
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Mayor Bloomberg and Speaker Quinn join Related Companies and Oxford Properties Group to break ground on 26-acre development at Hudson Yards
Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today joined Related Companies Chairman Stephen M. Ross and OMERS Investment Committee Chair Bill Aziz to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped…
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New report details substantial economic impact of Hudson Yards development
Related Companies and Oxford Properties Group today released a report outlining the substantial economic impacts of the 28-acre Hudson Yards development on the New York City economy. Once fully operational, the development will contribute nearly $19 billion annually to New York City’s Gross…, New York City impact:, Once fully operational, the development will contribute nearly $19 billion annually to New York City’s Gross Domestic Product, accounting for 2.5 percent of the citywide GDP. Hudson Yards will also contribute $477.3 million in annual City tax revenues. During the estimated 13-year construction…, Capital contributions to the MTA:, No project in New York City’s history has contributed or will contribute as much to the MTA as Hudson Yards, with the agency receiving $1.784 billion in revenues during the development and construction of the project. In addition, upon completion, Hudson Yards will contribute $89.3 million annually…, Modernizing New York City's commercial office space and improving global competitiveness:, More than 64 percent of the City’s office space is currently in buildings that are at least 50 years old. The development of Hudson Yards is one of New York’s most important responses to the demand for new office space to keep New York competitive with other global markets. Hudson Yards will bring…, Regional impact:, While the economic impact of Hudson Yards may be concentrated in New York City, many other communities from across the country have benefitted and will benefit as well. The materials used to construct the Eastern Rail Yard, for example, have been sourced from nearly every state across the country.…, About the 28-acre Hudson Yards Development:, Related and Oxford’s Hudson Yards is the largest private real estate development in the nation’s history. The site, which spans from 30th Street to 34th Street between 10th and 11th Avenues and 30th Street to 33rd Street between 11th and 12th Avenues, will include 17 million square feet of…, 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 $37 billion of real estate assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford was acquired…
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