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. Related has more than 3,000 employees and is the largest landlord in New York City with over 8,000 residential rental units under ownership.
Related manages about $4 billion of equity capital on behalf of sovereign wealth funds, public pension plans, multi-managers, endowments, Taft-Hartley benefits plans, and family offices.
It has developed mixed-use projects such as Time Warner Center and the Bronx Terminal Market, as well as CityPlace in West Palm Beach. Related is currently developing the Hudson Yards Redevelopment Project, which comprises 28 acres in Manhattan’s Chelsea and Hell's Kitchen neighborhoods. It is known as the leading developer in a city "notoriously difficult to build in."
In 1972, Stephen M. Ross founded Related Companies with a $10,000 loan from his mother and a business plan focused on affordable housing.
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.
Highest paying job titles at Related include Superintendent, Asset Manager, and HRIS Analyst