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MTA reaches agreement with Related Companies/Goldman Sachs to develop Rail Yards
$1 Billion for MTA Capital Plan Governor David A. Paterson, Mayor Michael R. Bloomberg, and Metropolitan Transportation Authority Executive Director and CEO Elliot G. Sander and Chairman H. Dale Hemmerdinger today announced the conditional selection of Related Companies/ Goldman Sachs to develop…
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Nearly $25 Million Approved to Build and Preserve Affordable Housing In New York City
Nearly $25 million in financing and grants was approved today to build and preserve 333 units of affordable housing in New York City. The actions were taken by the boards of the New York State Housing Finance Agency (HFA) and its subsidiary, the New York State Affordable Housing Corporation (AHC).…
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Related Companies announces $1.4 billion equity and debt investment by elite consortium
Related Companies, one of the nation's leading private real estate development firms, today announced a nearly $1.4 billion equity and debt investment, the first outside investment in the company. Goldman Sachs and MSD Capital, LP have purchased equity stakes in Related totaling 7.5 percent.…
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Related Companies announces joint venture with Tiki Barber as it celebrates 35 years of affordable housing
Related Companies celebrates its 35-year anniversary of affordable housing today by announcing a joint venture with Tiki Barber's Tiki Ventures to boost the nation's stock of high quality, affordable housing. The new venture will partner with Centerline Capital Group to purchase and…, About Related Companies, Heralded as one of the most prolific and visionary developers in the country, Related Companies was formed over thirty-five years ago. Today, Related is considered the most prominent privately owned real estate development firm in the United States. Headquartered in New York City, it has divisions…, About Centerline Capital Group, Centerline Capital Group, a subsidiary of Centerline Holding Company (NYSE:CHC), is a diversified real estate fund manager with over $18 billion of assets under management. Centerline lends, invests and manages capital for the commercial real estate and affordable housing industries. Centerline is…
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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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The Shops at Columbus Circle wins 2012 Best Retail Store Award
The Shops at Columbus Circle at Time Warner Center has been named the Best Retail Store by the New York City Association of Hotel Concierges (NYCAHC), an organization comprised of more than 200 members representing approximately 70 hotels in the New York metropolitan area. NYCAHC’s Concierge Choice…
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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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The Strathmore
Click here to contact a leasing agent about apartments at The Strathmore. The Strathmore is one of Manhattan's true showcase addresses. With few residences per floor, the elegant Strathmore offers a superb selection of graciously proportioned homes, each one custom designed and luxuriously…
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