The Howard Hughes completed the acquisiton of a minority stake in Jean-Georges Restaurants for $55m.

The Howard Hughes, a real estate development and management company, completed the acquisiton of a minority stake in Jean-Georges Restaurants for $55m. "Working in close partnership with Jean-Georges at the Seaport in New York City, we experienced first-hand his team's exceptional ability to execute at the highest levels while growing a global business. We see significant runway for Jean-Georges Restaurants to expand its worldwide capital-light restaurant management platform of food & beverage and other hospitality offerings. We look forward to contributing to their growth across HHC's national portfolio of large-scale, mixed-use communities," David O'Reilly, The Howard Hughes CEO.