In a twist, NY developer approved for $65M purchase of prime South Congress property with redevelopment potential

This New York-based developer with a $60 billion portfolio is increasingly focusing its attention on Austin, where it has been attached to three high-profile development sites this month alone. Here's the latest on the local intentions of this company, which has developments under its belt such as Hudson Yards in New York, The Grand LA in Los Angeles and The 78 in Chicago.

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