Globally, 2016 was a year of topsy-turvy, in which voters decided to tell their respective leaders where to cram their best-laid plans.Great Britain decided that its unfulfilling union with the rest of Europe was over.Back in 2010, the mandarins at Related planted the seeds of Hudson Yards, and they continued tending that 17-million-square-foot garden on the Far West Side of Manhattan.(Related’s Stephen Ross, Jeff Blau and Bruce Beal share the No. 55) spent 0 million not to buy a new building but to modernize an existing one: 1271 Avenue of the Americas.We are achieving some of the highest price points in the city. ” Nevertheless, there are good reasons why SL Green Realty Corp.
On just that complex alone, Related and its partner Oxford Properties Group closed more than billion in financing last year, Jeff Blau said.The company opened 10 Hudson Yards in May, a nearly 2-million-square-foot office building—the first completed tower at the Yards.It is now 100 percent leased with blue chip tenants such as Coach, L’Oréal and Vayner Media.And the Shops and Restaurants at Hudson Yards, a planned 1-million-square-foot property retail property at 20 Hudson Yards that will be anchored by Neiman Marcus, is already 60 percent leased and should be open in 2018.“Really the ability to execute and build and deliver on all of that at the same time is something that no one has ever done before,” Blau said about its activities.