Marketplace: Investment Firm Moving HQ to Planned Hudson Yards Offices
Global investment firm KKR & Co. LP has announced that it is acquiring 10 office floors at 30 Hudson Yards, a proposed 90-story tower being developed by Related Companies and Oxford Properties Group.
November 17, 2015 at 08:06 PM
3 minute read
Global investment firm KKR & Co. LP has announced that it is acquiring 10 office floors at 30 Hudson Yards, a proposed 90-story tower being developed by Related Companies and Oxford Properties Group. The purchase price for the 343,000-square-foot office condominium is undisclosed. KKR plans to relocate its corporate headquarters to the new building from 9 W. 57th St. in 2020.
“This is a unique opportunity to partner with world-class developers to create a new office to house KKR's New York team and host our clients,” said Henry Kravis, KKR's co-founder and co-CEO, in a statement.
30 Hudson Yards, a 2.6-million-square-foot building at the southwest corner of 33rd Street and 10th Avenue on Manhattan's West Side, will rise 1,296 feet tall. It will be the flagship tower at Hudson Yards, a 28-acre private real estate development project and the largest of its kind in the country.
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