The firm built major financial office complexes like Canary Wharf in London, the World Financial Center in New York City and First Canadian Place in Toronto.
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In the late 1980s the company undertook to develop the Canary Wharf site in the east of London.
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Britain entered a recession, British firms were unwilling to relocate from the traditional financial centre within the City, and despite a personal promise by Margaret Thatcher, the London Underground line known as the Jubilee Line Extension was delayed in construction awaiting the contributions from Olympia & York (with the line eventually opening in the year 2000).
Reichmann family, a Hungarian-Austrian Jewish family best known for controlling the Olympia and York business empire
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The Canadian connection is from the original developers of the site, Olympia and York, owned by the Paul Reichmann family of Toronto.