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REA
September 25, 2019  

Related Team Eyes Recap of 35 Hudson Yards

A Related Cos. partnership is exploring the recapitalization of part of a brand-new mixed-use tower in Manhattan’s Hudson Yards development.The group would use some of the proceeds to prepay a loan from a Children’s Investment Fund syndicate that financed the construction of the skyscraper, at 35 Hudson Yards.The recap would affect the building’s roughly 500,000 square feet of commercial space, valued at some $1 billion. That space...


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