Mainland China developer Hopson Development Holdings is poised to make its first overseas acquisition after agreeing to buy a stalled residential project in New York for $113.5 million, according to a company announcement to the Hong Kong stock exchange.

Facebook has signed a lease at Hudson Yards for more than 1.5 million square feet of office space and plans to move into the new offices next year.

 

Related Companies and Oxford Properties Group announced that Hudson Yard’s Eastern Yard, the first phase of the neighborhood which opened in March 2019, was awarded ‘LEED Neighborhood Development’ Gold (LEED-ND) certification, making it the first neighborhood in Manhattan to receive the certification.

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