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Related Special Reports
...Joshua Chaffin is the FT’s New York correspondent This piece has been altered since publication to reflect Fried Frank’s representation of Related in the 10 Hudson Yards leasing negotiations Follow @FTMag...
...Blackstone and Hudson Pacific Properties, a US-based studio and office investor, in 2021 acquired a 91-acre site in Broxbourne, north of London, in a £700mn project to create a new studio....
...“For them to sit on a significant pot of money — tens of millions of dollars — with no transparency is very surprising and disappointing,” said Joshua Meservey, senior fellow at the Hudson Institute think-tank...
...Mnuchin’s firm, Liberty Strategic Capital, is being joined by other investors including Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel....
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Neal Hudson, housing market analyst at Residential Analysts, said: “There would be a greater risk of negative equity obviously with this, you’d also be paying a premium mortgage rate, and it doesn’t necessarily...
...Wells Fargo has agreed to buy Neiman Marcus’s vacant space at 20 Hudson Yards for $550mn in a deal that underscores the changing fortunes of one of New York City’s largest property developments....
...Other investors included Hudson Bay Capital Management, which put in $250mn, and Citadel, the hedge fund led by billionaire Ken Griffin....
...Menendez’s fate matters well beyond Hudson County....
...That’s the future heading down the Hudson River.’” For now, the future is a vast, gravelly lot along the Hudson that was once covered in fly ash from a nearby power plant....
...The space totals 400,000 square feet spread over three floors, and will supplement the 500,000 sq ft Wells Fargo already occupies at neighbouring 30 Hudson Yards....
...Related Fund Management, an investment arm of Related Group, the owner of New York’s Hudson Yards, partnered with two non-profits — Community Preservation Corp. and Neighborhood Restore....
...Many of those are new towers, such as SL Green’s One Vanderbilt and the Related Companies’ Hudson Yards....
...Additional reporting by Joshua Oliver in London and Chan Ho-him in Hong Kong Letter in response to this article: HK stock exchange boss exit is a cautionary tale / From Gregory Shenkman, London SW7, UK...
...joshua.oliver@ft.com Letter in response to this article: Describing Bankman-Fried / From Des Brennan, East Grinstead, West Sussex, UK...
...Joshua Chaffin We are driving along the Hudson River. It looks like we are coming up to the entrance to the Port of Albany....
...In 1979, he switched to the private sector, founding the Related Group with Stephen Ross, a fellow Michigan alum, whose Related Companies (not to be confused with Related Group) built New York’s massive Hudson...
...Carbone, the New York restaurant group that has made a splash in Miami, is preparing to open a private club at Hudson Yards, which is, itself, a sort of luxury club walled off from the rest of the city....
...A fourth tower, 50 Hudson Yards, is nearly 90 per cent leased....
...joshua.chaffin@ft.com...
...Then there were those labouring at a downtown construction site on Hudson Street, where a new office building is rising for the Disney company....
...For Rose Hudson, a print and graphics strategist at WGSN, the barnyard theme is indicative of a trend the agency calls “Park Life”....
Assets worth hundreds of millions of dollars withdrawn as crypto empire declared bankruptcy, analysts say
UK currency remains about 9% lower for the past three months
...Schumer called it “one of the worst decisions that any governor on either side of the Hudson has made”....
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