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With Leases from L’Oréal USA and SAP, Hudson Yards Developers Wrap Up Funding for First Tower

Related Companies and Oxford Properties Group Raise $1.4 Billion for Largescale Development, 47-Story Tower at 10th Ave. and West 30th St. Under Construction and Slated for 2015 Occupancy
By Tim Trainor
CoStar News
April 10, 2013 | 8:24 AM

Having secured new lease commitments from L’Oréal USA for an initial 402,000 square feet and tech firm SAP for a total of 115,000 square feet on the top four floors of its first office tower planned in the 26-acre Hudson Yards development, Related Companies and Oxford Properties Group have lined up nearly $1.4 billion in equity investments and debt financing to fund the construction of the 47-story South Tower.

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