Website related.com Founded 1972 | Founder Stephen M. Ross Type of business Private | |
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Industry Real estate development Owner Chairman Stephen M. Ross, CEO Jeff T. Blau, President Bruce A. Beal, Jr. CEO Jeff T. Blau (7 Sep 2012–) Headquarters New York City, New York, United States Subsidiaries Equinox Fitness, KSW INC, Rdr Seashore, L.L.C. | ||
Related Companies 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, and 3,000 professionals. Related is the largest owner of luxury residential rental properties in New York with over 7,000 units, and 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 28 acres (0.11 km2) Hudson Yards Redevelopment Project in Manhattan’s Chelsea and Hell's Kitchen neighborhoods. Related also manages approximately $1.5 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, Taft Hartley plans and family offices.
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Related also owns Equinox Fitness clubs and a partnership interest in Union Square Events, the catering, culture, sports, and events business of Danny Meyer’s Union Square Hospitality Group.
In 1972, Stephen M. Ross founded Related Companies, known then as Related Housing Companies.
Awards
In 2007, Related received the Honor Award from the National Building Museum for their impact on the built environment, including their creation and management of affordable housing and their commitment to mixed-use urban development projects. The Emerson apartment building in Los Angeles has 271 units, of which 216 are leased at market rates. The other 55 units are at subsidized rates to tenants whose annual incomes are less than 50% of the local median, which was $42,700 for a family of four in 2014.
Associations
It is a member of REBNY.