Second Take: Related’s Israeli troubles and how co-ops are dealing with quarantine breakers
The reporters behind The Real Deal‘s coverage of the lawsuits quarantine breakers could face at co-ops and the Related Companies’ dicey time in Tel...
Related Companies
About: The Related Companies is a privately held New York City developer and landlord.
Headquartered in: New York, NY
Founded in: 1972
Founded by: Stephen Ross
Lead by: 60% owner, chairman, and founder Stephen Ros; CEO Jeff Blau; President Bruce Beal; its COO and Director of International Development Kenneth Wong.
Related Companies Q&A
What does Related Companies do?
The Related Companies develops and holds both residential and commercial real estate across the United States, with joint ventures in London and Abu Dhabi. It operates a portfolio of luxury residences that it purports is valued at over $60 billion. The company's flagship development in Manhattan was the Time Warner Center, a 2.8 million-square-foot residential and commercial complex at Columbus Circle. The company also develops rentals, such as Riverwalk Crossing on Roosevelt Island. It owns the Equinox Fitness club chain, with the gyms often being located in Related developments.
What projects is Related Companies currently working on?
The company is developing Hudson Yards above a 26-acre rail yard off 10th Avenue, between 30th and 33rd Streets, owned by the Metropolitan Transportation Authority. Other Related Companies projects include high-end condominiums such as the Clarendon and the Brompton on the Upper East Side, Riverwalk Court on Roosevelt Island and Superior Ink in the Far West Village.
Want to know more about Related Companies?
Check out our Top Stories section below for TRD's most recent coverage of Related Companies.
Related Companies Top Stories
August 15, 2019—Former NFL player Jamar Adams has filed plans for a mixed-use project in Far Rockaway
The Latest
Related tries to calm Israeli investors after market panic
After an auditor’s worried note set off an “earthquake” for Related’s Israeli bonds this week, representatives for the bond-issuing...
Related’s Israeli bonds worry auditors as crisis worsens
Since entering the Israeli bond market in 2015, the Related Companies has been one of the blue-chip U.S. firms...
Spitzer, Related land $276M in financing for Hudson Yards senior housing project
Eliot Spitzer and Related Companies have landed $276 million in building and project loans for their 526-unit housing development...
Related’s CEO talks Hudson Yards and “complicated” projects
On a brisk day in mid-October, CEO of The Related Companies, Jeff Blau, surveyed the development firm’s massive project...
Related drops 700-foot-long “wall” from Hudson Yards plan
The writing was on the wall. The Related Companies said Wednesday it would not build what critics had derisively...
CORE becomes latest NY resi brokerage to expand into South Florida
Boutique residential brokerage CORE is heading to the beaches of South Florida, where competition continues to grow fiercer. The...
Next phase of Hudson Yards could include 700-foot-long wall
The second phase of Hudson Yards could include a 700-foot-long wall. Stephen Ross’ Related Companies is considering elevating the...
Hudson Yards pad resells for 22% premium
Hudson Yards is paying off for one early investor. An entity linked to William Dalessandro snapped up $61 million worth of condos at 15 Hudson Yards in September and now he’s sold one for...
Four home sales that caught our eye — and cost an arm and a leg
It’s no secret New York’s luxury residential market has taken a haircut. And these recent eye-catching sales were no...
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