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Hudson Yards Attracts Another $260M in Foreign Money

Hudson Yards Attracts Another $260M in Foreign Money

Hudson Yards continues to score big with Asian investors. Japanese firm Mitsui Fudosan purchased a 92% stake in a proposed Hudson Yards office tower for $258.78M according to the Daily News. The 1.3M SF, 50-story building will start construction this spring, reports the Daily News. The office building, officially called 55 Hudson Yards, has seen a lot of interest from law firms according to Related VP Stephen Winters. Related has already had success with foreign capital at Hudson Yards, raising over $600M from Chinese investors through the EB-5 program.

WASHINGTON DC 05.08.2017

MONTGOMERY COUNTY STATE OF THE MARKET

Featuring an Interview of Marriott CEO Arne Sorenson

Arne Sorenson
Marriott International
Mike Gill
The State of Maryland
Barry Glassman
Glassman Wealth Services