The Related Companies
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|Industry||Real estate development|
|Founder||Stephen M. Ross|
|Headquarters||New York City, New York, United States|
|Stephen M. Ross (Chairman)
Jeff T. Blau (CEO)
Bruce A. Beal, Jr. (President)
|Total assets||US$50 billion (2017), including assets managed for others|
|Total equity||US$4 billion (2017)|
|Owner||Stephen M. Ross (60%)|
Number of employees
The Related Companies, L.P. is an American privately-owned real estate firm in New York City, with offices and major developments in Boston, Chicago, Los Angeles, Las Vegas, Miami, San Francisco, Abu Dhabi, London, São Paulo and Shanghai, employing 3,000 professionals. Related is the largest owner of luxury residential rental properties in New York City, with over 7,000 units.
It has developed mixed-use projects such as Time Warner Center in New York City, as well as CityPlace in West Palm Beach. Related is currently developing the Hudson Yards Redevelopment Project, which comprises 28 acres (0.11 km2) in Manhattan’s Chelsea and Hell's Kitchen neighborhoods.
Notable developments by the company are:
In 1985, the company constructed 225 Rector Place as a rental apartment complex. It sold the building in 2005 to developer Yair Levy and then bought the building back for $82.8 million after the lender, Anglo Irish Bank, foreclosed on the property in November 2010.
In January 2016, the company proposed developing a $6.5 billion project on the site of the former Santa Clara All Purpose Landfill.
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- Willett, Megan (September 24, 2013). "Tour A $50 Million Glass Penthouse 60 Floors Above Madison Square Park". Business Insider.
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- Vincent, Roger (October 1, 2014). "Developer of new Bunker Hill apartment high-rise woos older residents". Los Angeles Times.
- Donato-Weinstein, Nathan (January 1, 2016). "Related Companies must dig deep to build housing on former dump". American City Business Journals.
- "Why Related Companies Is One Of The Most Innovative Companies Of 2017". Fast Company. February 13, 2017.
- Bandell, Brian (May 11, 2017). "Related Group interested in redeveloping Boca Raton’s municipal complex". American City Business Journals.
- Bandell, Brian (July 6, 2017). "Related Group opens Brickell Heights, sells commercial space for $17.5M (Video)". American City Business Journals.