The Real Deal New York

Posts Tagged ‘Related Companies’

  • 445-lafayette-street-penthouse

    445 Lafayette Street in Noho (Inset: Richard Fisher and Nikki Field)

    Late Fisher Brothers heir Richard Fisher’s widow has listed her full-floor co-op at the Related Companies’ Astor Place building in Noho for $16 million. [more]

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  • Related buys stake in CORE

    October 23, 2014 03:35PM
    From left: Shaun Osher and Jeff Blau

    From left: Shaun Osher and Jeff Blau

    Related Companies, one of the city’s biggest landlords, is buying a stake in CORE, a boutique residential brokerage firm. [more]

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  • From left: Related's Bruce Beal, Robert Toll and One57

    From left: Related’s Bruce Beal, Robert Toll and One57

    Is New York City’s luxury housing bubble getting ready to pop?

    It’s a recurring and, as of late, frequent question — and one that industry heavyweights tackled Wednesday at the Urban Land Institute’s fall conference. [more]

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  • Baker-Siegelman-One-Mad-Feldman

    From left: Steven Baker, Joshua Siegelman, One Madison at 20 East 23rd Street and Steven Feldman

    The retail brokerage firm Winick Realty Group won the assignment to represent the retail condominium at the base of the formerly bankrupt, spire-like residential tower One Madison in the Flatiron District. [more]

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  • From left: Jamie Dimon, Hudson Yards and 270 Park Avenue

    From left: Jamie Dimon, Hudson Yards and 270 Park Avenue

    JPMorgan Chase is in talks with state and city officials to reach an agreement that would enable the bank to build a $6.5 billion corporate campus, including two skyscrapers, at Hudson Yards. [more]

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  • Hunter's Point South (Rendering: Related Companies)

    Hunter’s Point South (Rendering: Related Companies)

    Winners won’t take home a multi-million dollar jackpot, but those who snag an affordable unit at Hunter’s Point South may feel like they’ve done just that.

    Prospective renters can now submit applications to NYC Housing Connect for one of 925 affordable units at the Related-developed project on Long Island City’s waterfront. Close to 50,000 people will vie for a spot at one of the site’s two towers, where below-market-rate units start as low as $494 per month for single residents making between $18,618 and $23,520 annually. [more]

    3 Comments
  • From left: Stephen Ross, Airbnb New York and Airbnb founders

    From left: Stephen Ross, Airbnb New York and Airbnb founders

    The Related Companies is the latest stakeholder in New York City’s rental market to take on apartment-sharing website Airbnb. [more]

    4 Comments
  • From left: Bob Knakal and a map showing 606 West 30th Street

    From left: Bob Knakal and a map showing 606 West 30th Street

    The owner of a small development site facing the newly-opened section of the High Line is looking to sell, but the property’s zoning requires a buyer who can see the potential in some of the most remote real estate on the Far West Side. [more]

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  • Block 675 in West Chelsea

    Block 675 in West Chelsea

    With the third and final section of the High Line now open, the elevated park that brought the Midas touch to far West Side real estate now heads for the first time across 11th Avenue. There, the views include the New Jersey side of the Hudson River, the still-uncapped section of the rail yards and a real, authentic New York City gas station. [more]

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  • From left: Santa Clara, Calif. and William Witte

    From left: Santa Clara, Calif. and William Witte

    California, here we come.

    New York-based Related Companies — one of the biggest developers in both the city and the country — is planning a $6.5 billion project in Santa Clara, Calif. Related’s proposal — 8 million square feet of offices, retail space, hotels and apartments — will have to go through an environmental review, the Wall Street Journal reported. [more]

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  • Rendering of Hudson Yards

    Rendering of Hudson Yards

    Developer David Marx has secured a $60 million bridge loan from the Related Companies and Highbridge Principal Strategies to complete a Marriott Courtyard Hotel in Hudson Yards.

    The 399-room project is to be funded with money raised via the government’s EB-5 program, which grants visas to foreigners who invest in projects located in areas with high rates of unemployment. In the meantime, this bridge loan will go toward predevelopment work costs while the remaining EB-5 capital, which can take months to secure, is gathered. [more]

    1 Comment
  • Rendering of Hunter's Point South

    Rendering of Hunter’s Point South

    Hunter’s Point South, which is being developed by the Related Companies, Phipps Houses and Monadnock Construction and spans 30 acres in Long Island City, will begin accepting applications for the property’s affordable rentals next month.

    A total of 925 units will be offered, and priority will go to Community Board 2 residents, including Sunnyside, Woodside and Long Island City. Income requirements are geared toward middle-income earners, or families making up to $191,000. [more]

    1 Comment
  • From left: Neiman Marcus Group CEO Karen Katz, Neiman Marcus Manhattan rendering and Kenneth Himmel

    From left: Neiman Marcus Group CEO Karen Katz, Neiman Marcus Manhattan rendering and Kenneth Himmel

    It’s official: Neiman Marcus will anchor the 1 million-square-foot Hudson Yards retail complex developed by the Related Companies and Oxford Property Group, dubbed the Shops at Hudson Yards. [more]

    3 Comments
  • 200-east-94th-street

    200 East 94th Street (Inset: Related’s Stephen Ross, courtesy of SCRIVO STUDIO)

    The Related Companies filed plans to convert an Upper East Side rental building into a condominium property. [more]

    5 Comments
  • Related's Jeff Blau and 261 Hudson Street

    Related’s Jeff Blau and 261 Hudson Street

    Long considered a secondary neighborhood to Soho to the east and Tribeca to the south, Hudson Square is having its moment. [more]

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  • willets

    Willets Point rendering (Inset: Sterling Equities’ Fred Wilpon and Related Companies’ Jeff Blau)

    UPDATED, 4:42 p.m., Aug. 20: A New York state Supreme Court judge rejected a lawsuit this week from opponents of the Willets Point mega-mall redevelopment who claimed that it violated state law. [more]

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  • Willets Point rendering

    Willets Point rendering

    Opponents of the Willets Point redevelopment claim that, before the city can transfer all the land for the project to developers, additional approvals from the mayor and the Queens Borough Board are needed.

    The $3 billion plan includes residential space and a mega mall and will displace hundreds of car repair shops currently located in the area. [more]

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  • 530-West-30th-Street

    520 West 30th Street

    Another building in the Related Companies’ massive Hudson Yards development has received a rendering. A 28-story residential property at 520 West 30th Street, between 10th and 11th avenues, is set to hold 174 apartments. [more]

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  • Rendering of a redeveloped Willets Point (Credit: New York City Economic Development Corp.)

    Rendering of a redeveloped Willets Point (Credit: New York City Economic Development Corp.)

    Park advocates and civic leaders opposed to the Related Companies and Sterling Equities’ planned megamall adjacent to Citi Field argued their case in State Supreme Court in Manhattan yesterday.  [more]

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  • 20140729_cuomo_brownfields

    From left: Andrew Cuomo, Bronx Terminal Market and Jeff Blau

    Recipients of tax incentives to develop industrial sites in New York have contributed at least $650,000 to Governor Andrew Cuomo’s campaign fund over the past four years, according to a review of state data. [more]

    3 Comments
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