NEW YORK CITY-Developer Related Cos. reports it has partnered with Corcoran Sunshine Marketing Group to market and sell $5 billion worth of its residential condominiums that will come to market, including the Hudson Yards project near Pennsylvania Station.
Related Sales, the residential marketing division of the development firm, and New York City-based Corcoran Sunshine announced the partnership on Monday, according to Crain's New York Business.
"We are pleased to form a new venture that will bring together top talent from both firms and create a dedicated team that will leverage best practices as we embark on a robust pipeline of nearly $5 billion in new condominium product in New York City," Related Cos. CEO Jeff Blau states.
Related and Corcoran Sunshine will collaborate on the sale of condos in two buildings, one that will include a hotel, that will be part of the Hudson Yards project. They will also work on a number of new luxury condo buildings elsewhere in the city. See story in Crain's New York Business.
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