Related Companies announced that Philippe Visser will join Related and the Hudson Yards development team as senior vice resident of development.
Philippe will be a part of the executive team on the nearly 28- acre project and be primarily responsible for leading the development of the 80 story, 2.5 million square foot North Tower as well as other Hudson Yards commercial projects.
L. Jay Cross, president of Related Hudson Yards said, “Philippe has extensive experience with large-scale commercial real estate projects and a proven track-record of delivering complex developments. We are very pleased to welcome him to the Hudson Yards team as we prepare to commence construction on the platform and North Tower in a few short months.”
Visser previously served as director, World Trade Center Redevelopment leading the $15 billion, 14 million square-foot World Trade Center redevelopment since joining the Port Authority of New York & New Jersey on 2009.
At the PANYNJ he was responsible for the development, leasing and operations of the three million square foot One World Trade Center, one of the country’s largest office buildings.
In 2011, Visser spearheaded negotiations with Condé Nast for a 1.2 million square foot lease at One World Trade Center and the completion of a 270,000 s/f lease with the U.S. General Services Administration (GSA) as well as the recent deal with Legends Hospitality for an observation deck valued at $875 million over 15 years.
Visser was also overseeing the development and leasing of the 450,000 s/f of retail space at the World Trade Center, concluding a $1.23 billion joint venture with the Westfield Group to co-develop the retail with the Port Authority throughout the 16-acre site, along with a site-wide special events and advertising program.
Prior to the World Trade Center, Visser worked for Tishman Speyer, Vornado Realty Trust and Forest City Ratner.