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Top four floors of One Madison sold for in excess of $57 million
With Manhattan’s downtown real estate market reaching new heights, Related Sales today announced a significant sale at its iconic condominium, One Madison. The crown jewel of the building, the top four floors, which encompass 10,160 square feet and include the triplex penthouse, have gone into…, The Building:, With incomparable postcard views, spacious entertainment spaces and luxurious living quarters, the residences at One Madison epitomize Manhattan living at its absolute peak. The slender 60-story bronze glass tower with award-winning architecture by Cetra/Ruddy and interiors and amenity spaces…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States with an existing portfolio of real estate assets valued at over $15 billion. Formed over 40 years ago, Related is the nation’s preeminent developer of luxury residential properties having pioneered the…
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Related and Abington unveil Abington House on the High Line
Related Rentals announces the launch of Abington House on the High Line, its newest and most architecturally significant residential rental building designed by Robert A.M. Stern Architects with interiors by Clodagh Design. Offering 312 thoughtfully crafted residences, the 33-story brick and steel…, 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 Abington Properties:, Abington Properties is a family owned and operated Real Estate Management and Development Company that has been doing business in New York City for three generations. The Pride we take in our buildings is a key component to our company’s success. We built and manage all of the properties in our…
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Related Rentals announces launch of leasing for luxury rentals at The Arlington
Related Rentals announced today the launch of leasing at The Arlington, a historic Boston landmark reimagined as the most exciting luxury rental residences in the city. A joint venture between Related Companies, the developer behind the neighboring One Back Bay and The Clarendon, and The Congress…, About Related:, Founded 40 years ago, Related Companies is a fully-integrated, highly diversified real estate industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. Related Companies’ existing portfolio of real estate…, About The Congress Group:, The Congress Group has successfully developed over 6.5 million square feet of real estate valued at over $1.5 billion, establishing us as one of the leading commercial real estate investment firms in the country. www.congressgroup.com
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Euston Estate landowner teams up with leading U.S. real estate developer Related Companies to pursue redevelopment of Euston Station area
Sydney & London Properties and leading U.S. real estate developer Related Companies today announced that they have formed a partnership to pursue redevelopment of the Euston station area subject to Government consent to pursue the project. Sydney & London Properties act as Project Manager…, Notes to Editors:, In July 2005, The Euston Estate Limited Partnership together with related interests became the only landowner other than Network Rail Infrastructure Limited on the 12 acre Euston station site. Sydney & London Properties Limited has acted as Project Manager for the entire Euston Estate since…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed 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 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…, About the Hudson Yards Platform:, To complete the 28-acre Hudson Yards development, two “platforms” must be constructed to bridge over 30 active Long Island Rail Road (LIRR) train tracks, three subsurface rail tunnels utilized by Amtrak and New Jersey Transit, and a fourth passageway, the Gateway tunnel, currently under…
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Related acquires 3,000-unit apartment portfolio in Midland and Odessa, Texas, capitalizing on opportunity to deliver institutional-quality management and multi-family rentals
Related Companies today announced that the Related Real Estate Recovery Fund has acquired a portfolio of 21 multi-family apartment properties, including approximately 3,000 apartment units in Midland and Odessa, Texas. Related expects to improve the portfolio by implementing institutional-quality…, About the Related Real Estate Recovery Fund:, The Related Real Estate Recovery Fund closed in January 2012 after raising $825 million in equity commitments – exceeding its $750 million target. It was among the largest U.S. real estate vehicles raised in 2012. Fund investments include diverse properties across the real estate spectrum such as:…, 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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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…, About New York University’s Center for Urban Science & Progress:, CUSP is an applied science research institute created by New York University with a consortium of world-class universities and the foremost international technology companies to address the needs of cities. At the heart of its academic program, CUSP will investigate and develop solutions to the…, 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 the largest development in New York City since Rockefeller Center. Hudson Yards will be a hub of connectivity, community, culture and creativity. It…
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Related and GreenOak acquire two commercial assets in Long Island City
Related Fund Management and GreenOak today announced that they have formed a joint venture and acquired two marquee commercial assets in Long Island City: the Paragon Building and the Blanchard Building. Both buildings are located in the Hunter’s Point corridor of Long Island City and offer…, 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:, 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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