NEW YORK CITY-The Related Companies has appointed Stephen Winter VP of commercial leasing. Formerly at CBRE, Winter will lead the commercial leasing efforts for the four commercial towers at Related's Hudson Yards development.
Winter is no stranger to the project, having leased space at 10 Hudson Yards, the future home of Coach, L'Oreal USA, SAP and Fairway market. CBRE represents Related and Oxford Properties Group as the exclusive leasing agent for Hudson Yards, and Winter will continue to work closely with his former employee to lease up the complex.
In total at CBRE, Winter was responsible for the leasing efforts of more than one million square feet, including space at 599 Lexington Ave., 399 Park Ave., 250 W. 55th Street, 717 Fifth Ave. The firm did not respond to a request for comment by press time.
“Stephen already has been integral in attracting world class brands to the Hudson Yards development in his role at CBRE,” says Related's Hudson Yards president L. Jay Cross. “I could not be more pleased that he will bring his expertise full time to Related as we continue to build New York City's new business hub on the west side of Manhattan.”
Winter often has been recognized as a leader in the commercial real estate industry. Last year, the Real Estate Board of New York named him the Most Promising Commercial Salesperson of the Year–marking the first time a CBRE broker received that award. In 2011, Winter was named “Rookie of the Year,” an honor awarded to the most promising young broker in CBRE's New York office.
“Having worked with Related while at CBRE,” he says, “I know it is equipped with real estate development professionals who are dedicated to transforming the landscape of New York City and delivering a world class mixed-use community at Hudson Yards. As a native New Yorker, I could not imagine a more exciting opportunity and I am thrilled to join the Related team.”
Ten Hudson Yards, located on the north side of 30th street and 10th avenue, is under construction and is slated for completion in 2015. The tower is over 85% committed, with only 11 floors still available for occupancy. The LEED Gold tower will stand 52 stories tall. Construction on 30 Hudson Yards, the office tower located on the south side of 33rd street and 10th avenue, will begin in early 2014. It will feature a direct underground connection to the new number seven subway station—providing door-to-door service for commuters—and what will be New York's highest outdoor observation deck. The base of the tower also provides extra-large floors making the tower well-suited to large format uses like trading, news and entertainment studios.
Hudson Yards is slated to include 17 million square feet of commercial and residential space, more than 100 shops and restaurants, approximately 5,000 residences, a cultural space, 14-acres of public open space, a new 750-seat public school and a 150-room luxury hotel. When completed in 2024, more than 40,000 people a day will either work in or call Hudson Yards home.
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