Jeff Blau rejects ‘office is dead’ claims by betting billions on new towers
The view from the observatory atop Manhattan’s Hudson Yards was clouded on a recent afternoon by smoke from distant wildfires in Canada. But that has not dimmed Jeff Blau’s outlook for the sprawling development or the high-end offices that are its speciality.
At a time when offices are dragging the commercial real estate sector into crisis, Blau, the chief executive of Related, one of the largest US developers, is planning to build 10 new towers
in cities across the US and in London, an investment that will total an estimated $6.5bn.
Related Companies snags new leases at 55 and 50 Hudson Yards
Related Companies has scored 80,000 square feet of new leases at Hudson Yards.
Related Midwest plans Fulton Market office tower
Related Midwest has cast aside its plan for a big apartment and hotel complex in the Fulton Market District in favor of a more audacious post-pandemic gamble: building a new office tower.
Related Cos., Swire file design for One Brickell City Centre, Miami’s largest office building
The developers aim to lure large companies to Miami.
District Detroit: $1.5 billion development to include housing, retail, offices, 2 hotels
Olympia Development and Related Companies plan $1.5 billion in development that will bring housing, office, retail and two hotels across 10 properties in the District Detroit
The way that people use the office space will change, says Related Companies CEO
Related Companies CEO Jeff Blau joins ‘Squawk Box’ to discuss the opening of 50 Hudson Yards and its new tenants, the square footage rates for the new building, and more.
