New York’s real estate and restaurant royalty will join forces; Related Companies and Danny Meyer’s Union Square Events (USE) announced a partnership today.
Combining Related’s expertise in real estate, and USE’s world renowned culinary, hospitality, sports and events services in one standout platform. A major focus of the partnership will center on the 26-acre Hudson Yards development; a mixed commercial, residential, and cultural development in the works on Manhattan’s Upper West Side – where USE will program a number of the spaces, including private dining for tenants, unique signature events, catered affairs, new eateries, and open-air cafés.
The possibilities for the partnership are incredibly vast; when complete, Hudson Yards is envisioned to include 5,000 residences, 6 million square feet of office space, a 1 million square foot retail center intended for restaurants, markets, cafés and bars, a hotel, a school, a cultural space, and, ever lauded in Manhattan–14-acres of open space.
Related also hopes to bring Union Square Events to more sports arenas and stadiums across the country and internationally.
About the companies:
With 39 years on top of the real estate business, Related Companies is a fully-integrated, highly diversified industry leader with ventures in every aspect of development, acquisitions, management, finance, fund management, marketing and sales.
Known for offering a one-of-a-kind blend of excellent food and warm hospitality, Danny Meyer’s Union Square Hospitality Group (USHG) includes some of New York City’s most beloved restaurants: Union Square Cafe, Gramercy Tavern, Blue Smoke, Jazz Standard, Shake Shack, The Modern, Cafe 2 and Terrace 5 (located at the Museum of Modern Art), Maialino, Untitled at the Whitney, and North End Grill. Union Square Events is the catering, culture, sports and events company from Danny Meyer his USHG.